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DP World grabs Khalifa concession

DP World grabs Khalifa concession

Dubai: DP World will operate Abu Dhabi's Khalifa Port under the terms of an agreement with Abu Dhabi Ports Company. The offshore port will have a capacity to handle 2m teu in a first phase and is due to open by the end of 2010. The local Economic Zones World has agreed to manage an associated 25 sq km trade and logistics free zone.  [04/06/07]