Logistics and maritime services provider DP World has signed multiple MoUs with the Gujarat government for investments of upto Rs 25,000 crore.

The MoUs encompass the development of new ports, terminals, and economic zones, highlighting Gujarat's pivotal role in fostering economic growth.

The MoUs were exchanged between DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, and MK Das, Additional Chief Secretary, Government of Gujarat, during the summit held at Gandhinagar.

The ceremony took place in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and Narendra Modi, Prime Minister of India.

Sultan Ahmed bin Sulayem, DP World Group Chairman and CEO, expressed the company's commitment to India, emphasising their nearly two-decade-long presence and investments totaling almost USD 2.5 billion. He highlighted the confidence in India's policies and their positive experiences, further stating the intent to invest more in the next three years.