PM and DP World Chairman explore opportunities for cooperation

Prime Minister Nguyen Xuan Phuc received Sultan Ahmed Bin Sulayem, Chairman and CEO of the DP World Group from the United Arab Emirates in Hanoi on December 14.

The Prime Minister affirmed that foreign investors are important part of the Vietnamese economy and promised to create favorable conditions for foreign investors, including DP World.

Over the past years, Vietnam has gained a number of achievements in attracting foreign investment, with 21,000 projects from 115 countries and territories worth over 300 billion USD by the end of 2015. In 2016, in spite of global economic difficulties, Vietnam has managed to lure 18 billion USD in FDI. This figure shows the attractiveness of the Vietnamese market, the Prime Minister noted.

Prime Minister Nguyen Xuan Phuc stressed that Vietnamese Government are concentrating on developing a healthy, competitive and equal environment for all businesses. He also affirmed that Vietnamese agencies have been working hard to remove difficulties that DP World is facing, pledging that Vietnam welcomes and supports the group’s plan to cooperate with Vietnamese enterprises in exploiting seaports as well as building industrial parks in Vietnam.

For his part, Sultan Ahmed Bin Sulayem expressed belief in Vietnam’s economic development prospects. He highly values the potentials of seaport and logistics sectors of Vietnam.

He held that Vietnam has great advantage in terms of workforce, which is an important factor for the development of industrial parks. He also voiced hope that the Vietnamese Government continue tackling obstacles facing the group, while creating favorable conditions for its projects.

DP World is considered as a leading enabler of global trade and an integral part of the supply chain. It operates multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.

DP Worldhas a portfolio of 77 operating marine and inland terminals supported by over 50 related businesses in 40 countries across six continents with a significant presence in both high-growth and mature markets.