22 March 2015
Dubai - In a strengthening of ties between the UAE and the Maldives, global marine terminal operator DP World has signed a Memorandum of Understanding (MoU) with Maldivian government officials in Dubai for the development of the archipelago's ports and logistics industry.

The meeting, which was attended by a Maldivian government delegation including Minister of Tourism Ahmed Adeeb, Minister of Economic Development Mohamed Saeed and Minister of Youth and Sports Mohamed Maleeh Jamal, and DP World Chairman HE Sultan Ahmed Bin Sulayem with other key company officials, provided an opportunity to highlight DP World's global portfolio and expertise in assisting partners with thedevelopment of their infrastructure and transport networks.

DP World Chairman HE Sultan Ahmed Bin Sulayem said:
"The Maldives has been growing rapidly, driven largely by its tourism development. We are working with them to help diversify the economy through building infrastructure, logistics and transport links needed to make this happen.

"The UAE has much experience and expertise in this area thanks to the vision of our leaders to explore new growth strategies. We are proud to share our expertise with the Maldives as they develop their capabilities in the global supply chain industry."

The signing of the MoU is a result of several meetings over the last few months between DP World and the Maldivian government. These include discussions between HE Bin Sulayem and the President of the Maldives HE Abdulla Yameen Abdul Gayoom in July and September 2014.

-Ends-

About DP World
DP World has a portfolio of more than 65 marine terminals across six continents (1), including new developments underway in India, Africa, Europe and the Middle East.

Container handling is the company's core business and generates more than three quarters of its revenue. In 2014, DP World handled 60 million TEU (twenty-foot equivalent container units).  With its committed pipeline of developments and expansions, capacity is expected to rise to more than 100million TEU by 2020, in line with market demand.

DP World has a dedicated, experienced and professional team of over 36,000 people serving its customers around the world, and the company constantly invests in terminal infrastructure, facilities and people to provide quality services today and tomorrow, when and where customers need them.

In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted "Best Seaport in the Middle East" for 20 consecutive years.
www.dpworld.com

(1)As of March 2015

For media enquiries please contact:
Sanaa Maadad
Media Manager
DP World
Tel: +97150 5522610
sana.maadad@dpworld.com

Mike Vertigans
Communications Manager
DP World
Tel: +97156 6769324
michael.vertigans@dpworld.com

© Press Release 2015