testata inforMARE

30 June 2022 The on-line newspaper devoted to the world of transports 02:40 GMT+2

June 6, 2022

This page has been automatically translated by
Original news
Canadian pension fund CDPQ invests in the port of Jebel Ali

It will also acquire stakes in Jebel Ali Free Zones and in the National Industries Park. Five made available billions of dollars

The Canadian pension fund Caisse de Dépôt et Placement du Québec (CDPQ) will invest five billion of dollars to acquire a stake of about 22% in a new joint venture with the terminalista group DP World of Dubai that will manage the port of Jebel Ali, the Jebel Ali Free Zone and the Dubai National Industries Park (NIP) under a contract of concession for a period of 35 years.

The agreement provides that the investment of five billion dollars, half of which were made through recourse to credit, is carried out in the second or third quarter of this year. In addition, a second tranche of up to three billion dollars through the acquisition of additional shares by long-term investors that will be completed by the end of 2022.

CDPQ and DP World have been collaborating for some time in the context of a specific investment platform agreed at the end of 2016 ( of 5 December 2016 and 3 September 2020).

Index Home Page News

- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail