The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

DP World Boosts Caucedo Free Zone with $100 Million Investment

DP World Boosts Caucedo Free Zone with $100 Million Investment

Post by : Bianca Haleem

DP World, in collaboration with the Dominican Republic, has committed an extra US$100 million to enhance logistics and warehousing infrastructure at the DP World Free Trade Zone (FTZ) located in Caucedo. This investment is set to solidify the nation’s role as a premier hub for trade, manufacturing, and logistics across the Americas.

The announcement was made during the 12th World Free Zones Congress 2026, adding to the substantial US$760 million investment previously declared in 2025. This latest funding seeks to bolster logistics capacity, optimize supply chain processes, and cater to the rising demand for integrated industrial services in the area.

This initiative will be executed in partnership with the Dominican Republic’s Ministry of Industry, Commerce, and MSMEs, emphasizing the development of state-of-the-art warehouses and advanced logistics frameworks within the Caucedo Free Trade Zone. The expansion aims to improve the synergy between port operations, free zone services, and logistics, establishing a more competitive landscape for international trade and manufacturing.

This project expands upon a Memorandum of Understanding (MoU) signed in May 2025, where DP World and the Dominican Republic committed US$760 million to the growth of the Port of Caucedo and its adjacent Free Trade Zone. This new investment showcases the increasing confidence in the country's strategic positioning within global supply chains.

Caucedo has developed into one of the Caribbean’s pivotal logistics hubs, effectively connecting North America, Latin America, and other international markets. The enhanced facilities are projected to draw new investments, foster export-driven industries, and bolster the nation’s capacity to service both regional and global clientele.

An independent study by Oxford Economics highlights DP World’s essential role in the Dominican Republic’s economy, revealing that the company sustains almost 5,000 jobs across the country and could potentially elevate goods exports to US$2.4 billion by 2035. In 2024, the Port of Caucedo facilitated around US$13.3 billion in trade, emphasizing its significance to the economy and regional trade.

Morten Johansen, Chief Operating Officer of DP World Americas, remarked that the Dominican Republic is increasingly establishing itself as a strategic trade conduit for the region. He emphasized that the additional US$100 million would transform Caucedo into a fully integrated logistics platform to foster long-term industrial advancement and trade growth throughout the Americas.

Manuel Martínez, Chief Executive Officer of DP World Dominican Republic, added that the expansion of logistics and warehouse capabilities would deliver improved capacity and operational adaptability for customers, enhancing the country’s regional trade and distribution standing.

This investment reinforces the enduring partnership between DP World and the Dominican Republic, signaling a mutual dedication to enhancing infrastructure, facilitating international trade, and unlocking new opportunities for economic progression. As global supply chains evolve, the expansion of the Caucedo Free Trade Zone is anticipated to further bolster the Dominican Republic’s position as a choice destination for manufacturing, logistics, and investment throughout the Americas.

June 1, 2026 4:33 p.m. 762
UAE News Dubai News World News Global Updates

More Trending News

Featured Stories

Indian National Sentenced for Diamante Theft Scheme in Singapore
July 21, 2026 3:02 p.m.
An Indian man received a 2-year sentence in Singapore for attempting to swap a diamond worth SGD200,000 from a jewellery store.
Read More
GWM Opens Largest Overseas Showroom in UAE, Boosts GCC Growth
July 21, 2026 2:27 p.m.
GWM opens its largest overseas showroom in the UAE, strengthening its Middle East presence with expanded SUV, pickup and new-energy vehicle offerings
Read More
Spain Celebrate World Cup Glory After 1-0 Win Over Argentina
July 21, 2026 12:23 p.m.
Spain defeated Argentina 1-0 after extra time to win their second FIFA World Cup, sparking massive celebrations across Spain and among fans worldwide
Read More
Cycle Ambulance in Karachi Gains Viral Attention, Fuels Online Debate
July 21, 2026 11:49 a.m.
A viral video of a Karachi cycle ambulance has sparked mockery and discussion, highlighting its role in urban emergency care.
Read More
Flash Flood Alert for 10 Districts in Bangladesh
July 21, 2026 10:45 a.m.
Bangladesh has issued a flash flood warning for 10 districts due to heavy rainfall affecting river levels. Residents should stay alert.
Read More
Qatar Condemns Iran's Attacks on Kuwait and Bahrain
July 21, 2026 10:23 a.m.
Qatar strongly condemned Iran's renewed attacks on Kuwait and Bahrain, calling them a violation of sovereignty and urging an immediate ceasefire and diplomacy
Read More
US Strikes Iran for 10th Night as Hormuz Crisis Deepens
July 21, 2026 10:16 a.m.
US forces launched a 10th night of strikes on Iran as the Strait of Hormuz crisis deepened, regional tensions grew, and diplomacy struggled to stop the war
Read More
Fire Engulfs Kuwait's Power and Water Plant Following Alleged Iranian Missile Attack
July 20, 2026 5:19 p.m.
Kuwait's power and desalination facility caught fire after an alleged Iranian strike, raising alarms about Gulf security and infrastructure.
Read More
Urgent Flood Action Initiated in Petaling Jaya
July 20, 2026 3:25 p.m.
Following severe flooding, Gobind Singh Deo calls for an immediate action plan from various agencies to ensure safety and prevent future incidents.
Read More
Sponsored
Trending News