Dubai World interested in investment opportunities in Russia
Dubai World is "exploring fresh investment opportunities in Russia to enhance its presence in the country," the company said in a Press statement yesterday.
The vice-chairman of Dubai World and group CEO, Ports and Free Zone World, Jamal Majid bin Thaniah, made the remarks during a meeting with the minister of transport of the Russian Federation, Igor Levitin. They discussed existing and emerging business opportunities in Russia, particularly in the ports, shipping and logistics sectors.
The minister gave a presentation on the Russian Federation's plans for the integrated development of the Russian transport sector, including some specific, ambitious projects. He expressed interest in developing a major inland port and special economic zone on the outskirts of Moscow, possibly as a joint venture with Dubai World.
The Dubai World delegation in turn gave a detailed presentation of the group's investment activities, with specific focus on achievements and plans in integrated developments in the shipping and logistics segments of the industry across the world.
Dubai World is one of the world's largest holding companies and includes such entities as: DP World, Nakheel, Dubai Customs, Jafza, Istithmar, Dubai Maritime City, Jadaf Dubai, Dubai Multi Commodities Centre, Civil Engineering Department, and the Information Technology Center.
The vice-chairman of Dubai World and group CEO, Ports and Free Zone World, Jamal Majid bin Thaniah, made the remarks during a meeting with the minister of transport of the Russian Federation, Igor Levitin. They discussed existing and emerging business opportunities in Russia, particularly in the ports, shipping and logistics sectors.
The minister gave a presentation on the Russian Federation's plans for the integrated development of the Russian transport sector, including some specific, ambitious projects. He expressed interest in developing a major inland port and special economic zone on the outskirts of Moscow, possibly as a joint venture with Dubai World.
The Dubai World delegation in turn gave a detailed presentation of the group's investment activities, with specific focus on achievements and plans in integrated developments in the shipping and logistics segments of the industry across the world.
Dubai World is one of the world's largest holding companies and includes such entities as: DP World, Nakheel, Dubai Customs, Jafza, Istithmar, Dubai Maritime City, Jadaf Dubai, Dubai Multi Commodities Centre, Civil Engineering Department, and the Information Technology Center.
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