Dubai-based port operator DP World is aiming to infuse $1.4 billion in its international ports portfolio this year.
DP World said that the commitment is planned mainly into the UAE, Posorja in Ecuador, Berbera in Somaliland, Dakar in Senegal and Sokhna in Egypt.
Moreso, the company plans to integrate its new acquisitions and drive synergies across the portfolio with the objective of removing inefficiencies in international trade, enhancing the quality of its earnings and driving returns.
During 2018, DP World recorded a close to 20 percent jump in revenue to $5.6 billion.