DP World, Turkey group form equity partnership
UAE’s DP World and Turkey’s Evyap Group have agreed to form a strategic equity partnership between DP World Yarimca Port and Evyap Port to boost cargo trade. The partnership is also aimed at enhancing and growing trade infrastructure by focusing on improving container port facilities and enhancing efficiencies in the key Marmara gateway market. By combining DP World’s global expertise and Evyap Group’s local stature as a business entity, the partnership will aim to enhance supply chain solutions in Turkey. The collaboration seeks to improve productivity, reduce turnaround times, ensure security, and broaden service offerings, benefiting Turkish trade, it said.