DP World To Invest $2.5 Billion In Global Ports In 2025
DP World has unveiled a $2.5 billion investment plan for 2025 to accelerate the expansion of its global logistics network amid rising demand for integrated and resilient supply chain solutions. The capital will fund four major infrastructure projects across India, Africa, South America, and Europe, reinforcing DP World’s role as a global trade facilitator.Chairman and Group CEO Sultan Ahmed bin Sulayem stated the bold investment signals long-term confidence in the fundamentals of international trade. “This commitment reflects our belief in building the infrastructure needed to keep the wor..
Naidu Pushes Andhra Airports To Power Logistics Expansion
Union Civil Aviation Minister K. Rammohan Naidu has pledged rapid airport development across Andhra Pradesh to support Chief Minister N. Chandrababu Naidu’s vision of turning the state into a logistics hub. Virtually launching the Kurnool–Vijayawada air link from Delhi, he said the new service will greatly benefit residents of the undivided Kurnool and Anantapur districts. The minister noted that flight capacity within the state has risen by about 15 per cent this year, with extra services at Visakhapatnam, Rajahmundry, Vijayawada, Tirupati, Kurnool and Kadapa. Plans are unde..
Panel To Chart Logistics Growth Plan For Bhiwandi
Maharashtra Industries Minister Uday Samant has announced the formation of a high level committee to map out the systematic expansion of Bhiwandi’s logistics sector. Responding to a Half Hour Discussion raised by MLA Rais Shaikh in the Legislative Assembly, Samant said the city’s location and existing facilities give it the potential to rank among Asia’s premier logistics hubs.Large scale infrastructure development, he added, would not only reinforce Bhiwandi’s role as a distribution powerhouse but also create substantial job opportunities. The committee’s recommendations will un..
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