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DP World ceo meets French President at trade summit

DP World ceo meets French President at trade summit
DP World chairman Sultan Ahmed bin Sulayem has met with the President of France, Francois Hollande, at a Paris investment summit.

The terminal operator is responsible for around half of the country’s container traffic through terminals at Le Havre and Fos, on France’s North and Southern coasts.

DP World-CMA-CGM jv company Générale de Manutention Portuaire (GMP), operates two marine terminals in Le Havre - deep-sea container terminal Terminal de France, capable of handling the largest container vessels, and Terminaux Nord, which includes general cargo and Ro-Ro services.

Meanwhile the Eurofos marine terminal at the Port of Fos, also a jv with CMA-CGM, is France’s largest container terminal at 1.6 km long. 

“France is an important partner in DP World’s European operations,” said Sultan Ahmed Bin Sulayem. “Our existing investments in France’s container ports and how they can be given further impetus formed part of the meeting. Participants were keen to know more about our global experience and expertise in moving goods across continents, connecting markets and enabling trade.”

In the first nine months of 2015, trade between France and DP World’s home nation, Dubai, reached AED15.3bn ($4bn), comprising over 5,300 French companies.

“France has many attributes such as a skilled workforce, good infrastructure, proximity to the European hinterland and a unique position with coastal access to the Atlantic Ocean, Mediterranean and North Sea," Sultan Ahmed Bin Sulayem continued. "It was a privilege to highlight our operations there and to provide our knowledge to this major economic power as it seeks to develop investment opportunities in the future.”