DP World Announces the completion of the First Industrial Building at SC Gateway Logistics Park

DP World (DPW), a global logistics company and one of the world’s largest
marine terminal operators, announced the inaugural industrial building located in the 1300+ acre development in
Orangeburg County, South Carolina. The building marks a milestone with the continued partnership with Orangeburg
County and State of South Carolina for the continued economic development of the planned 6+ million square feet
industrial park.

The South Carolina Gateway Logistics Park is centrally located at the intersection of Highway 301 & Interstate 95 between
Charleston and Columbia. The logistics park offers users a strategic, inland and rail-served platform with close port
proximity for industrial development. Opportunities for build-to-suit ranging in size from 50,000 sf to 1+ million sf, the
park provides flexible solutions for both large and mid-size users.

DPW has been working closely with Orangeburg County throughout the course of the project to ensure the logistics park
meets the needs of the end users, is fully integrated and benefits the surrounding communities. In particular, the property
will be placed in a multi-county industrial park shared by Orangeburg and Dorchester Counties, providing the opportunity
for enhanced tax credits for tenants locating in the park. DPW anticipates this process to be completed in the coming
weeks.

At the South Carolina Gateway Logistics Park today, Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said
“It is with great pride that we open the Gateway Logistics Park for business today and celebrate a long term investment
that is estimate to bring more than $500 million into the economy. The collaboration with Orangeburg County and the
State of South Carolina has been a model of the kind of economic development that public and private partnerships can
create when the greater good is at the center. This expansive site is full of potential economic opportunity for South
Carolina including two-thousand jobs and local tax revenues upward of $10 million.”

Chairman Sulayem was joined in Orangeburg by DP World’s Americas CEO Matt Leech who added, “DP World is using its
expertise in smart logistics solutions to enable the flow of trade across the globe. Combined with our 2021 acquisition of
syncreon, the South Carolina Gateway Logistics Park, is part of DP World’s broader vision to become a driving force in
helping more U.S. businesses face the evolving supply chain and logistics challenges that are causing turmoil in the post
pandemic economy.”

In 2021, Premium Peanut, from Douglas, Gerorgia signed an agreement with DPW to purchase a 42+ acre tract in the
Gateway Logistics Park. The company is investing $64 million to build the most technologically advanced peanut shelling
operation in the world. In addition to an estimated 130 local jobs, the new operation will provide additional local capacity
allowing South Carolina peanut growers the opportunity to be a part of a cooperative model of continued economic
growth.

DPW executives were joined at today’s event by South Carolina state and local government officials and economic
development organizations.

W. Keller Kissam, Chairman, Central South Carolina Alliance, commented, “Ready product is a crucial component in landing
projects with companies that rank speed to market as a priority on their wish list. We’re excited to see the opportunities
that this speculative building will provide in the Orangeburg market, as well as the attraction of prospecting businesses
that it draws from around the globe.”

In marking the County milestone, Orangeburg County Council Chairman Johnnie Wright Sr. added, “We are grateful about
the partnership with DP World, making it a Great Day in Orangeburg County! Leveraging this facility at SC Gateway’s
Logistics Park is validation to our location and robust utility network.”

Follow DP World on:
Twitter: https://twitter.com/DP_World
LinkedIn: https://www.linkedin.com/company/dp-world

About DP World
We are the leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the
globe. Our comprehensive range of products and services covers every link of the integrated supply chain – from maritime
and inland terminals to marine services and industrial parks as well as technology-driven customer solutions. We deliver
these services through an interconnected global network of 181 business units in 64 countries across six continents, with
a significant presence both in high-growth and mature markets. Wherever we operate, we integrate sustainability and
responsible corporate citizenship into our activities, striving for a positive contribution to the economies and communities
where we live and work. Our dedicated, diverse and professional team of more than 56,000 employees
from 140 nationalities are committed to delivering unrivalled value to our customers and partners. We do this by focusing
on mutually beneficial relationships – with governments, shippers, traders, and other stakeholders along the global supply
chain – relationships built on a foundation of mutual trust and enduring partnership. We think ahead, anticipate change
and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the
smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies
and our planet.

Media Contacts:
George Nolan
Edelman
George.Nolan@Edelman.com
Hakam Kherallah, Int’l Media Relations Manager
DP World
Tel: +971 50 552 2610
hakam.kherallah@dpworld.com
Local Economic Development Contact:
Gregg Robinson, SCCED, Executive Director
Orangeburg County Development Commission
Tel: 803-536-3333
grobinson@ocdc.com