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DP World partners with Shanghai’s Lin-Gang Special Area

Photo: DP World dp world--jpg[65].jpg
DP World is expanding its operations in China with a Memorandum of Understanding (MoU) to support logistics and trade development at the Lin-Gang Special Area, a free trade zone in Shanghai.

The MoU was signed with Shanghai Lin-Gang Economic Development Group (Lin-Gang Group) at a virtual ceremony by Lin-Gang Party Secretary and Member of Shanghai Standing Committee, Jinshan Chen, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and Abdulla Bin Damithan, CEO & Managing Director, DP World UAE & Jafza.

There are currently more than 40,000 corporations registered in Lin-Gang Special Area. Its strategic position in southeast Shanghai makes it an important node for Shanghai coastal thoroughfare.  

Chinese traders and freight forwarders who become Members of the WLP will have access to the different benefits offered by WLP Partners, who include DP World, Thai Airways and Emirates SkyCargo. Example benefits include fast-tracking of cargo, reducing customs clearance times, and removing administrative costs.

"Extending the WLP into China by partnering with Lin-Gang special area is a huge development and a testament to the strength of the programme,” said Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, and Chairman of the Dubai Ports, Customs and Freezone Corporation (PCFC), which owns and runs the WLP.

"Lingang Special Area is a pioneer in promoting the higher level of opening up in Shanghai…Our partnership with DP World could help Lingang to build an open Special Zone and accelerate the establishment of a new development platform to create channel & gate for Chinese enterprises to develop business in Middle East, Indian subcontinent, and Red Sea region," added Lin-Gang Party Secretary, Jinshan Chen.