DP World has inaugurated the expansion of the main berth at the DP World Caucedo port terminal.
The project is part of the company´s plan for growth in the Dominican Republic, with the objective of directly contributing to the transformation of the country into the principal logistics hub of the Americas.
The inauguration ceremony was held at DP World Caucedo and was led by the President of the Dominican Republic, Mr. Luis Abinader, and the Group Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem.
“Together with DP World, we want Punta Caucedo to become the logistics hub of the Americas. We know that it is an ambitious project, but it is an opportunity that will relaunch the economy and generate quality jobs. Only with this expansion and the integration of the land, DP World will generate more than 4,500 direct jobs”, said the President of the Dominican Republic, Luis Abinader in his speech.
Morten Johansen, CEO of DP World Caucedo said, “The Dominican Republic becoming the main logistics hub of the region is not a dream, it is becoming a reality. At DP World we combine the infrastructure, logistics services, and the expertise learned in our global operations. With each of these projects we are creating job opportunities for Dominicans and improving the quality of life for communities. We are connecting the Dominican Republic with the entire world.”
The expansion adds 450 meters of berth. Three Super Post Panamax and 5 RTG cranes have already been installed, the most sophisticated and robust equipment on the market. Next month a further Super Post Panamax crane and 5 additional RTG cranes will be added. The expansion more than doubles the port capacity from 1.2 million TEUs per year to 2.5 million TEUs per year.