DP World and Grupo Puntacana will together develop a new air cargo logistics hub in Punta Cana, Dominican Republic, boosting the country’s position as the largest trade and logistics centre in the Caribbean.
The new facility is being created through an agreement between DP World and the Punta Cana Free Trade Zone, a company of Grupo Puntacana.
It will include a new logistics centre and infrastructure platforms capable of supporting multimodal air, land and sea cargo.
Operations are expected to commence in late second quarter 2023.
The logistics centre will harness DP World’s extensive Dominican Republic multimodal cargo management experience and world-class standards for handling logistics operations globally, as well as the high connectivity of the Punta Cana International Airport to global distribution centres.
DP World began operations in the Dominican Republic in 2003 at its port facility at the Punta Cuacedo peninsula, a strategic location for the redistribution of cargo to the Caribbean, the United States, Central America and South America.
The project aims to generate greater investments in logistics services, increasing demand for logistics-related labour and triggering growth and diversification in the economy of the Dominican Republic.