DP World, UK Resolve Row That Threatened £1 Billion Port Plan

Dubai-based port operator will attend investment summit Monday
Expansion plans would make London Gateway the UK’s top port

Groundwork at an area of expansion at London Gateway port in Stanford-le-Hope, UK, on Oct. 7. — Groundwork at an area of expansion at London Gateway port in Stanford-le-Hope, UK, on Oct. 7.
Photographer: Chris Ratcliffe/Bloomberg

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By Brendan Murray

October 12, 2024 at 4:00 PM UTC

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DP World Ltd. reversed its decision to pull out of a UK government investment summit Monday and is announcing a £1 billion ($1.3 billion) investment in its London Gateway port that will create 400 jobs.