DP World, one of the world s largest marine terminal operators, and CDPQ, a global investment group, have announced today an investment of $5 billion in three of DP World’s flagship UAE assets.
CDPQ, Canada’s largest pension, will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone, and the National Industries Park through a new joint venture.
MONTREAL The Caisse de depot et placement du Québec is buying a minority stake in three DP World assets in the United Arab Emirates for US$5 billion. The Quebec pension fund manager will invest US$2.
Under the agreement, the Caisse will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park through a new joint…