UAE Port Operators Expand Aggressively into Latin America with Major Deals
Abu Dhabi's AD Ports Group acquired Brazilian terminal operator CLI for $835 million, while Dubai-based DP World committed an additional $100 million to expand operations in the Dominican Republic. These moves represent the UAE's largest port takeover to date and align with its broader strategy to establish trade agreements across Latin America. The expansion signals the UAE's intent to strengthen its position in global trade corridors and secure strategic footholds in key regional ports.
The UAE's two largest port operators are making significant investments in Latin America, marking a major shift in the region's port infrastructure ownership. AD Ports Group completed its largest takeover deal by acquiring Brazilian terminal operator CLI for 3.1 billion dirhams ($835 million), while DP World announced an additional $100 million investment to expand the Caucedo free trade zone in the Dominican Republic, building on a previously committed $760 million. These deals are part of a coordinated UAE trade strategy that has already produced agreements with more than 35 countries, with additional negotiations ongoing, including a potential accord with Mercosur, the South American trade bloc that includes Brazil. The investments reflect the UAE's broader ambition to establish itself as a major player in global trade infrastructure and secure strategic positions in key Latin American ports.
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- SemaforCenter
UAE dives into Latin American ports
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