RIYADH: Dubai-based logistics giant DP World has entered exclusive negotiations for a long-term lease to develop and operate a container terminal at the Port of Corpus Christi in Texas, a move that would mark its first container terminal on the US Gulf Coast.
According to a press release, the agreement, announced on June 16, would see DP World design, build, and operate a new container terminal at one of the nation’s busiest ports by tonnage.
The port authority said the terminal would expand containerized cargo capabilities, strengthen supply chain connectivity, and support long-term job creation across South Texas.
The move aligns with the broader ambitions of Dubai and the UAE to strengthen their position as global trade and logistics hubs. DP World, which is owned by Dubai World, the investment holding company of the Dubai government, is at the center of the emirate’s strategy to expand its infrastructure footprint across key international trade corridors.
Brian Enright, CEO of DP World in the Americas, said: “The US Gulf Coast is one of the nation’s most important trade and economic corridors, and demand for efficient, resilient port infrastructure continues to grow.”
