DP World Group’s CEO has met with Algeria’s transport minister to discuss plans to develop DP World Algiers in the run up to the nation joining the World Trade Organisation (WTO).
The Dubai-headquartered operator operates two ports in the country, DP World Djazair and DP World Djen-Djen.
DP World in 2008 was awarded the 30-year concession to operate the container terminal in the Port of Algiers, DP World Djazair as a joint venture between DP World and the Algiers Port Authority (EPAL).
The company also operates DP World Djen-Djen to the east of Algiers.
DP World has been building a digital Port Community System (PCS) and training local staff at its Algerian locations, and now it is looking to increase capacity and efficiency.
DP World CEO, Sultan Ahmed Bin Sulayem and Bin Sulayem, has met with the new Algerian Minister of Public Works and Transport Abdelghani Zalène to discuss plans for upgrades.
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem, said: “In the run up to Algeria’s accession to the WTO and in light of recent oil price fluctuations, diversification of the economy is a path that the government has embarked on in earnest.
“Our global operations of 78 terminals in 40 countries and partnerships with governments around the world have shown that multimodal trade infrastructure and seamless supply chains are integral to the prosperity of nations.
“In partnership with Algeria’s leadership we’re looking at ways to increase efficiency and capacity at DP World Algiers as the economy grows.
“Investments in trade infrastructure, accompanied by state-of-the-art technologies like our Dubai Trade electronic PCS helps local businesses prosper and access global markets.
“Algeria is rich in resources and people and improved trade infrastructure, transparency and technology coupled with policies that encourage inclusive growth will help unlock its economic potential.”
Read more: In February, 2017 the Algerian government approved plans for the construction of a new US$3.3 billion deep water port facility at the industrial zone of El Hamdania by China Harbour Engineering, and China State Construction Engineering Corporation.