DP World to launch air cargo logistics hub in Dominican Republic
Dubai-based maritime giant DP World is delving further into end-to-end supply chain operations with plans to develop a new air cargo logistics hub in Punta Cana, Dominican Republic.
The new facility is being created through an agreement between DP World and the Punta Cana Free Trade Zone (PCFTZ), a company of Grupo Puntacana.
The hub is set to include a new logistics centre and infrastructure platforms capable of supporting multimodal air, land and sea cargo.
Operations are expected to commence in the second quarter of 2023.
The logistics centre will harness DP World’s Dominican Republic multimodal cargo management and logistics experience, as well as the high connectivity of the Punta Cana International Airport (PUJ) to global distribution centres.
DP World began operations in the Dominican Republic in 2003 at its port facility at the Punta Caucedo peninsula, a strategic location for the redistribution of cargo to the Caribbean, US, Central America and South America.
Additionally, the agreement will see the deployment of a regional commerce strategy to attract a greater volume of re-export and import cargo to and from major global commercial, industrial, technology and agricultural markets.
The project also aims to generate greater investments in logistics services, increasing demand for logistics-related labour and triggering growth and diversification in the economy of the Dominican Republic.
“This new air cargo logistics centre with Punta Cana Free Trade Zone allows us to expand the range of services we can provide to our increasingly diverse customer base and help boost the country’s competitiveness. The facility will place the Dominican Republic on the world map as an air cargo hub for an increasingly broad range of products from around the region,” said Morten Johansen, chief executive of DP World’s operation in the Dominican Republic. Read More…