Sultan Ahmed bin Sulayem, the Chairman of DP World, one of the world's largest port operators, said its workforce would increase to almost 100,000 in the next 3-4 months from the current 56,000 employees.

The port operator has identified investment opportunities in Africa. 

DP World on Tuesday announced that it has partnered with UK’s CDC Group to create an investment platform that will spend $1.72 billion over the next few years to develop ports and logistics in Africa.

Sultan Ahmed bin Sulayem, who was speaking at a conference at the Expo 2020 Dubai on Wednesday, said it will take long time before shipping supply chain disruptions end.

There is no end in sight to the shortage of shipping containers, port congestion and sky-rocketing freight rates that have rattled global trade, he said.

“These are the complications. Nobody knows how long it’s going to take. I think it’s going to take a long time," Reuters quoted Sulayem as saying.

(Writing by Seban Scaria; editing by Daniel Luiz)

(seban.scaria@refinitiv.com)

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