DP World, a leading UAE-based port and logistics firm, is considering investing over $1 billion to enhance port infrastructure in Peru, according to the Peruvian government. The announcement followed discussions between Peru’s President Dina Boluarte and DP World CEO Sultan Ahmed bin Sulayem.
The proposed investment aims to create jobs and boost the nation’s agricultural exports, the Peruvian government shared on social platform X. DP World currently operates the Callao port terminal, the largest port in Peru, situated along the central coast.
In a statement, DP World’s Peru office confirmed it is “evaluating opportunities to deploy more investments” in its local operations, though specific figures have not been disclosed. The expansion would further solidify the firm’s presence in the region and support Peru’s economic growth.
