Move to develop logistics and trade in Greater Caspian Region
DP World has partnered with the Greater Caspian Association and Integral Group of Companies, and their annual Caspian Week Forum, to host a joint event at the Global Freight Summit 2023 in Dubai.
This event will mark a significant milestone in developing logistics and trade in the Greater Caspian Region (GCR) and demonstrates DP World’s strong commitment to supporting the region’s growth, the global ports operator said in a press communique.
The collaboration between DP World and the Caspian Week Forum began in November last year with the signing of a Memorandum of Understanding (MoU) during the Global Freight Summit 2022 to explore opportunities for cooperation in the GCR.
Conference
The Caspian Week Forum, a conference dedicated to connecting GCR to the World in the areas of business, economics, education, science and culture, provides an independent platform for stakeholders to explore investment opportunities, discuss regional challenges, and foster collaboration, attracting key global players interested in the potential of the GCR.
The focus of the joint event of Caspian Week 2023 at the Global Freight Summit will be the development of logistics and trade in the Greater Caspian Region. DP World aims to address the region’s challenges by establishing new logistic corridors, integrating logistics, trading, and financial aspects into one system.
Immense potential
“The Greater Caspian Region holds immense potential, and we believe that by integrating logistics and trade while fostering collaboration between public and private sectors, we can overcome the challenges and unlock growth opportunities for all stakeholders involved,” remarked Mike Bhaskaran, COO, Digital Technology, DP World.
“This forum will undoubtedly become an excellent platform for discussing ideas and presenting projects important to the GCR, especially on the creation of integrated trade and logistics smart systems, inviting partners and attracting investments for the implementation of development projects in the region,” commented Murat Seitnepesov, Chairman of the Caspian Week Forum Organising Committee.
