The chairman of DP WorldSultan Ahmed bin Sulayem -ReutersDubai - 12 February 2018: DP World Ltd. and India’s National Investment & Infrastructure Fund (NIIF) plan to jointly invest up to $3 billion in the South Asian nation, Group Chairman and CEO of DP World Sultan Ahmed bin Sulayem, said on day one of the sixth World Government Summit (WGS 2018) in Dubai.“One of the problems that we currently face is in the last-mile delivery of cargo to the customer. However, we are looking at alternative ways of transporting cargo, such as inland waterways. The inland waterways project, which the World Bank has invested in, is picking up steam and will be a gamechanger for the logistics industry.” Sujoy Bose, CEO of NIIF said.“We are creating a platform that will offer customers an efficient way to transport cargo. We want to increase this figure to 100 percent,” Abhishek added.The World Government Summit 2018 runs from February 11 to 13 at the Madinat Jumeirah in Dubai. The landmark event convenes more than 4,000 participants from 140 countries, including heads of state and governments, as well as top-tier representatives of 16 international organizations.

Source: Egypt Today February 12, 2018 14:26 UTC