Money and business

"Abu Dhabi Ports" and "CMACGM" You cooperate to develop and operate the station "New East Mall" In the Congo Brazzaville

Abu Dhabi, February 6/ WAM/ Abu Dhabi Ports Group “shareholders agreement” with the CMACM group, one of the largest international companies in the field of logistical solutions, maritime, land and air freight, through CMA Terminal, affiliated she has.

Under the agreement, the New East Mall is being developed, in the Point Nawar, Republic of the Congo-Brazaville, following the Abu Dhabi Ports Group for a concession to operate the station for a period of 30 years of extension in June 2023.

According to this agreement, a joint venture was established between the Abu Dhabi Ports Group and the CMACM group in which the Abu Dhabi Ports owns the majority share, to develop, manage and operate the “New East Mall” multi -purpose station in the Poente Nawar port, which will handle the handling of Containers, general goods, bulk and other goods in the largest port in the country overlooking the Atlantic Ocean in the central West Africa region.

Through the concession obtained by the Abu Dhabi Ports Group, it is expected that investments of up to 220 million US dollars (807 million dirhams) will be allocated during the first phase of the project to build a 400 -meter berth wall, and a depth of 16 meters deep, in addition to a logistical area on 10 hectares.

The new agreement strengthens the strategic partnership between the Abu Dhabi Ports Group and the CMACM group, especially with the inauguration of the CMA Terminalz Port of Khalifa last December, which is a container station worth 3.1 billion dirhams (845 million US dollars) , Which will increase the capacity of the container handling in the port of Khalifa, amounting to 7.8 million stereotypes in 2024, by 33%, equivalent to 2.6 million stereotypes.

It is scheduled that the joint project operate the station through “several users” and the Abu Dhabi Ports Group will retain the seat of the dominant majority in managing and operating the station, which allows it to include the operations of the station entirely within its unified financial results.

On this occasion, Mohamed Aida Al -Menhali, the regional CEO of the Abu Dhabi Ports Group, said that this agreement enhances the strategic group partnership with CMACGM in many markets and projects along the global trade lines, the last of which was the inauguration of the CMA Terminal Station. Khalifa Port “last December.

He added that our cooperation today in the Poente Nawar port is an affirmation of the continuation of this partnership, and in line with the vision of our wise leadership in the UAE aimed at expanding the scope of sustainable economic partnerships with emerging markets with promising capabilities, which supports the process of economic development and enhances the state’s competitiveness at the regional and global levels.

He expressed the group’s aspiration to the development and management of the first stage of the “New East Mall” multi -purpose station in cooperation with the “CMCGM” group and expressed his confidence that this partnership will put the Republic of Congo Brazzaville at the maritime trade crossroads, in line with the annual growth expectations 3% to 5% in the sizes of the expected container handling in the country in the medium term.

For his part, Christine Capo and Ehrle, Executive Vice President of Assets and Operations at the “CMACGM” group said that our investment with the Abu Dhabi Ports Group in the Poente Nawar Port is the latest aspects of strategic cooperation between CMA Terminal and Abu Dhabi Ports Group through which we work on it Empowering ports and modern and sustainable marine infrastructure to anticipate the next stage of global trade, and we look forward to stimulating operational operations, stimulating the wheel of the economy, and supporting import and export activities in the Republic of Congo Brazzaville. Christine added that the multi -purpose station is scheduled to become a center for business and trade in the region, and will contribute to providing job opportunities, transfer of experiences and knowledge, in addition to enhancing the connection of Congo Brazzaville to global markets.

It is worth noting that the New East Mall in the Poente Nawar Port had already requested the supply of three “Super Post Panamax” cranes, the latest generation of high -performance port equipment.

In addition, the “Puant Nawar” station will get nine hybrid rubber cranes, and other handling equipment that are related to them

Provides large environmental benefits by reducing diesel fuel consumption by up to 60%, which is equivalent to providing one million liters of diesel annually, reducing approximately 5,000 tons of carbon dioxide emissions, reducing carbon fingerprint, and enhancing sustainability in the Congo Brazzaville.

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