DP World forms $3bn Indian investment platform

Dubai terminal operator DP World is partnering with India’s de facto sovereign wealth fund to invest in Indian infrastructure projects.

DP World and India’s National Investment and Infrastructure Fund (NIIF) have agreed to invest up to $3bn in ports, terminals, transportation and logistics businesses in India.

“The platform will also look at opportunities beyond sea ports such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage,” DP World said in a statement.