The developments will be focused on two locations. Firstly, DP World Caucedo, Dominican Republic, is a logistics hub and free trade zone located in Punta Caucedo, near the city of Santo Domingo. Caucedo is the newest and most modern port on the island, and a gateway for the Caribbean food trade.
And second Duran Logistics Centre, Ecuador, which began operations in September 2020 as part of a large investment in this important global trade market. Ecuador's main export commodities include shrimp and bananas.
The parties have also committed to explore development activities in other DP World locations in Latin America to enhance their service offerings and further establish a cold-chain footprint.
"Partnering with Emergent Cold Latam allows us to jointly integrate the refrigerated supply chain of our customer's and provide logistics solutions that simplify their supply chain," said Matthew Leech, CEO and Managing Director of DP World Americas Region. "Emergent Cold LatAm fits perfectly with DP World's Logistics service vision and strategy across the LatAm region, enabling trade and expanding our logistics offerings."
"This partnership in these locations is an important step forward in our vision to build the highest quality cold storage network in Latin America" said Neal Rider, CEO of Emergent LatAm. "DP World is a major player in the region, and we share a commitment to growth in the global food trade.”
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