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Yemen Gulf of Aden Port Corporation - Dubai Port World JV - A $0.00 m

  • Entry date - Friday, 24 October 2008
  • Jurisdiction - Yemen
  • Practice - Corporate
  • Yemen Gulf of Aden Port Corporation entered into JV with Dubai Port World (DP World) to establish Aden as a key transshipment cargo port

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  • Firm - Clyde & Co
  • Client - Yemen Gulf of Aden Port Corporation
  • Lead Lawyers -
  • Role -

Deal summary

  • Yemen Gulf of Aden Port Corporation entered into JV with Dubai Port World (DP World) to establish Aden as a key transshipment cargo port in the region and will further develop the port as a domestic cargo gateway for Yemen.

  • The joint venture to operate, manage and develop the container terminal facilities at the Port of Aden includes the lease of both Aden Container Terminal and of nearby Ma'alla Container Terminal, and a commitment by the joint venture to make an initial investment of US$ 200 million in further developing the port.


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