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CDPQ completed a $5bn investment in the UAE assets of DP World.

Synopsis

Caisse de dépôt et placement du Québec, a global investment group, completed a $5bn investment in the UAE assets of DP World, an Emirati multinational logistics company based in Dubai. "This investment in Jebel Ali is another great illustration of the partnership between CDPQ and DP World, which now spans four continents and eighteen terminals. Today, we are pleased to deepen our long-standing relationship with a world-class logistics and supply chain operator by investing in this strategic trade infrastructure, one that will play a pivotal role in the evolution of the global economy. DP World is well positioned to provide innovative solutions to their customers worldwide, and we welcome this opportunity to invest in a best-in-class group of infrastructure that provides CDPQ with exposure to new fast-growing markets and trade routes in Africa and South Asia," Emmanuel Jaclot, CDPQ Executive Vice President and Head of Infrastructure.

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