Ranjit Ray, heading FTZs for DP World Subcontinent, has been appointed as the National Contact Point (NCP) of the World Free Zones Organisation (World FZO) for India Region at the Official NCP Appointment Ceremony of the World FZO. A certificate to this effect has been issued to DP World by WFZO.
The ceremony was attended by Dr. Mohammed Alzarooni, Chairman of World FZO, Dr. Samir Hamrouni, CEO of World FZO, Mr. Ranjit Ray, CEO FTZ, DP World Subcontinent, and representatives of 45 other countries.
Under the new role, Ranjit Ray will be the focal point to facilitate the development of Free Zones ecosystem in India along with the World FZO, and the Indian Government.
“We are pleased to be appointed as a National Contact Point of the World Free Zone Organisation for India. DP World has a proven track-record in developing Free Zones in many countries and we will endeavour to the best of our ability to leverage our global expertise to expand the logistics ecosystem in India and support our country’s fast-growing export-import trade. We look forward to this partnership and working closely with the World FZO and Indian Government to position the country as a global trading and manufacturing hub.”Ranjit Ray, CEO FTZ, DP World Subcontinent
DP World with over 30 years of experience in developing and operating Logistics Parks and Free Zones across the world. DP World also operates the world’s leading Free Zone – JAFZA in Dubai which contributes to 23% of the GDP of Dubai Region, catering to over 7000 companies and global customers.
DP World is building two Free Trade Zones in India. The projects are being developed at strategic locations at Nhava Sheva (Mumbai) and Chennai, which will offer customers direct access to global and domestic markets.
DP World last year has also received the nod from the Tamil Nadu government to set up a new container terminal with an estimated cost of INR 1,000 crore.