The new facility is being created through an agreement between DP World and Punta Cana Free Trade Zone.
Operations are due to start late in the second quarter of this year and will include a logistics centre and infrastructure platforms capable of supporting air, land and sea cargo.
The logistics centre will combine DP World’s multimodal cargo management experience and the connectivity of Punta Cana International Airport.
The agreement will launch a regional strategy to attract a greater volume of re-export and import cargo to and from major global commercial, industrial, technology and agricultural markets.
Morten Johansen, CEO of DP World’s operations in the Dominican Republic, says, “This new air cargo logistics centre with Punta Cana Free Trade Zone allows us to expand the range of services we can provide to our increasingly diverse customer base and help boost the country's competitiveness. The facility will place the Dominican Republic on the world map as an air cargo hub for an increasingly broad range of products from around the region.”
Frank Elias Rainieri, Chairman and Founder of Grupo Puntacana, adds, “This new air hub venture allows us to leverage the expanding transportation infrastructure of Punta Cana and accelerate the Dominican Republic’s transformation into the most important logistics hub in the region. Both DP World and Punta Cana International Airport are regional leaders in the airport, maritime and logistics sectors, and this project will be a unique opportunity to boost the economic and social progress of the Dominican Republic.”