{"id":69718,"date":"2023-03-16T00:00:00","date_gmt":"2023-03-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/03\/16\/dp-world-to-develop-new-air-cargo-logistics-hub-in-the-dominican-republic\/"},"modified":"2023-03-16T00:00:00","modified_gmt":"2023-03-16T00:00:00","slug":"dp-world-to-develop-new-air-cargo-logistics-hub-in-the-dominican-republic","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/03\/16\/dp-world-to-develop-new-air-cargo-logistics-hub-in-the-dominican-republic\/","title":{"rendered":"DP World to develop new air cargo logistics hub in the Dominican Republic"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DP World will establish a new air cargo logistics hub in Punta Cana, Dominican<\/span><span style=\"font-weight:700\"> Republic<\/span><span style=\"\">, according to a company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230314005545\/en\/DP-World-to-Launch-New-Air-Cargo-Logistics-Hub-in-Dominican-Republic%25E2%2580%2599s-Punta-Cana\" style=\"\">statement<\/a><\/span><span style=\"\">. The Emirati multinational logistics company is partnering with Punta Cana Freetrade Zone (PCFTZ), a subsidiary of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.grupopuntacana.com.do\/en\/\" style=\"\">Grupo Puntacana<\/a><\/span><span style=\"font-weight:400;\">, to develop the new facility, which is expected to begin operations in late 2Q 2023. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details:<\/span><span style=\"font-weight:400;\"> The hub \u201cwill include a new logistics center and infrastructure platforms capable of supporting multimodal air, land and sea cargo,\u201d the statement said.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DP World already has a presence in the Dominican Republic:<\/span><span style=\"\"> The company has \u201cextensive multimodal cargo management experience\u201d in the country, particularly in Punta Caucedo, where it first began operations in the country through a port facility in 2003.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The agreement aims to enhance the Dominican Republic\u2019s position as a major logistics hub in the Caribbean<\/span><span style=\"font-weight:400;\">, the statement said, adding that a new regional commerce strategy to attract greater volumes of re-export and import cargo to and from key markets will also be launched as part of the agreement. The agreement also aims to drum up investment in logistics services, create demand for sector-related labor and diversify and grow the Dominican Republic's economy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hub will include a logistics center and infrastructure platforms for air, land and sea 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