Sultan Ahmed bin Sulayem, CEO of Dubai-based port operator DP World, said that he sees growth opportunities in Africa.
In an interview with Bloomberg TV at Davos, Sulayem said: "I am very bullish about Africa, which shows good signs overall. Look at Egypt, for example. With good policies, with sound policies, there is growth and that mirrors our expansion. We are expanding double the capacity of our port in Sokhna in Egypt."
DP World has opened a dry port in Rwanda and expects it to become a hub for cargo that will come from Dar-es-Salaam and Momabsa, he said.
On the recent tensions in the Middle East, he said: “It’s not something permanent. It’s something that happens, and everybody gets excited, but people move on.”
(Writing by Seban Scaria firstname.lastname@example.org, editing by Daniel Luiz)
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