Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

DP world reveals planning to invest $1.6b on Jebel Ali Port expansion

byCustoms Today Report
03/08/2015
in Uncategorized
Share on FacebookShare on Twitter

DUBAI: DP World has revealed that is planning to spend $1.6-billion (AED5.88bn) on the expansion of Jebel Ali Port in Dubai, UAE.

The UAE-headquartered maritime logistics company revealed that construction has started on Phase 1 of Terminal 4 at its flagship port, finally confirming the Middle East maritime industry’s worst kept secret.

You might also like

SBP dollar purchases fall to 16-month low at $154m

02/09/2026

Pakistan, Kyrgyzstan set trade target of $200m, sign 16 agreements

02/09/2026

The 3,000m causeway and bridge are scheduled to be partially open for traffic before the end of 2015. Terminal 4 is expected to increase Jebel Ali Port’s overall capacity by 3.1-million teu to 22.1-million teu by 2018.

Commenting on the expansion plans, Sultan Ahmed Bin Sulayem, chairman of DP World, said the decision to construct the new terminal was driven in large part by the UAE’s successful Expo 2020 bid.

“Given the strong economic outlook, both domestically and regionally – including the lead up to Dubai Expo 2020 – we are delighted to announce the construction of Terminal 4, which will deliver new capacity of 3.1-million teu in Phase 1,” Bin Sulayem said.

“The new capacity is a response to feedback from customers expressing the need for more capacity at Jebel Ali due to an expected increase in trade in the run up to Expo 2020,” he added. “Shipping lines will be able to bring more of the world’s largest vessels to our terminals… helping improve the efficiency of the region’s supply chain.”

The port complex will be equipped with at least 110 cranes, and will boast a total quay length of around 11,000m. Terminal 4 will be located on a reclaimed island north of the existing Terminal 2, allowing DP World to further expand capacity to a total of 7.8-million teu. As part of the project, a bridge is being built to provide access to the island from land near Terminal 2.

Phase 1 will include the construction of a 1,200m-long quay for Terminal 4, with an 18m draft and 13 of the world’s largest, remotely-operated quay cranes. Initially, 35 automated, rail-mounted gantry (ARMG) cranes will operate in the yard.

Related Stories

SBP dollar purchases fall to 16-month low at $154m

byCT Report
02/09/2026

KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...

Pakistan, Kyrgyzstan set trade target of $200m, sign 16 agreements

byCT Report
02/09/2026

BISHKEK: Pakistan and Kyrgyzstan have made significant progress in strengthening bilateral relations, exchanging 16 agreements and memorandums of understanding in...

Federal govt to launch Punjab’s e-Biz portal in Islamabad by December

byCT Report
02/09/2026

LAHORE: The federal government has decided to introduce Punjab's e-Biz portal in Islamabad as part of efforts to simplify business...

Pakistan shifts focus from economic stability to sustainable growth, Aurangzeb tells ADB

byCT Report
02/09/2026

ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has said Pakistan’s economic priorities are moving from stabilisation towards sustainable and inclusive growth,...

Next Post

Oman’s Ahlibank profit up 11% to OMR14.6m in Q1 of 2015

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.