DP World invests in Constanza: terminal and multimodal transport platform to be built
Dubai-based port operator and logistics company DP World on Wednesday announced a €130 million investment aimed at increasing cargo volumes by 2 million tons a year and connecting Romania with the rest of Europe through sea and land trade, Bloomberg reports.
The company, which has been operating in Romania for 20 years, said its latest investments include a 5-hectare terminal in Constanta for heavy and oversized cargo and a new vehicle terminal with a maximum capacity of 80,000 vehicles per year.
The company is investing €50 million in a new multi-transport platform in Constanta, which is scheduled to open next year.
In 2023, the port of Constanta recorded its highest grain exports due to a sharp increase in supplies from Ukraine.
Read also
How the Green Deal Impacts the EU Oilseed & Veg Oil Supply Chains
India Extends Duty-free Import Of Yellow Peas Till December 2024
Ghana Increased Producer Price of Cocoa By 129 Percen
Russia earned at least $1 billion on stolen grain from Ukraine – WSJ
Heavy rains in Europe, Canada and the US and drought in Brazil will have a major i...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon