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DP World signed an agreement with GulfCap Africa to develop the Mombasa Industrial Park, a special economic zone that will be built in phases across 222 hectares less than 20 kilometres from the Port of Mombasa. The first phase will cover 40 hectares and aims to meet growing demand for modern industrial and logistics infrastructure in East Africa, according to the company. Yuvraj Narayan, Group CEO of DP World, said, “Kenya is an important market for DP World and a key gateway for trade across East Africa. The development of Mombasa Industrial Park reflects our commitment to investing in integrated trade infrastructure that connects ports, logistics and industrial ecosystems.” Mohammed Akoojee, CEO and Managing Director for Africa at DP World, added that the project will strengthen regional trade and supply chain connectivity while creating thousands of employment opportunities, attracting new investment and contributing to Kenya’s socio-economic development.
The Kenya development forms part of DP World’s broader expansion across Africa and follows the company’s record performance in 2025, which a March 12, 2026 announcement attributed to strong results in ports, terminals and logistics. That announcement from DP World placed 2025 revenue at $24.4 billion, a 22 percent increase from the prior year, with adjusted EBITDA rising 18 percent to $6.4 billion for a margin of 26.3 percent. Total group gross throughput grew 5.8 percent to 93.4 million TEU while profits climbed 32.2 percent to $1.96 billion and operating cash flow increased 14 percent to $6.3 billion.
Separately DP World reported that it attracted Dh854 million in investments across Jebel Ali Free Zone in the first four months of 2026, with more than 43 percent of the total commitments by value signed during March and April. The commitments covered manufacturing of steel, food products and furniture as well as healthcare operations, third-party logistics warehousing, finished vehicle handling and heavy equipment trading, according to the company. Jafza, home to 12,000 businesses, maintains proximity to Jebel Ali Port and integrated sea, air and land connectivity that supports markets across the Middle East, Africa and South Asia.
Abdulla Al Hashmi, Global Chief Operating Officer for Parks and Economic Zones at DP World, said, “The scale of these commitments, particularly in essential sectors like food and healthcare, highlights how businesses are prioritising resilience alongside growth.” Al Hashmi noted that the momentum reflects the strength of the integrated ecosystem as well as the reliability of business continuity programmes that kept cargo flowing despite recent disruptions. He added that the company remains focused on enhancing infrastructure and capabilities to support customers and deliver sustainable long-term value.
In a related July 22, 2026 development Reuters reported that DP World reached an agreement in principle with the Fujairah Ports Authority under a 50-year concession to build the Al Rugaylat container and multi-purpose terminal along with the Dibba General Cargo terminal. Those facilities will extend the Jebel Ali ecosystem through an integrated supply chain and provide customers with greater choice, flexibility and connectivity across regional and global trade routes, according to the company. The expansion aligns with DP World’s 2026 capital expenditure budget of approximately $3 billion that includes priority projects at Jebel Ali, Drydocks World and other locations.
DP World invested $3.1 billion in capital expenditure during 2025, an increase from $2.2 billion the previous year, which lifted port capacity to 109 million TEU. The company reduced Scope 1 and 2 emissions by 14 percent against a 2022 baseline while sourcing approximately 67 percent of global electricity from renewables, according to its figures. Essa Kazim, Chairman of the Board of Directors of DP World, said in the March announcement that the diversified portfolio, disciplined capital allocation and focus on high-yield cargo enabled resilient earnings amid heightened uncertainty and changing trade dynamics.
