Money and business

"Emple" Expect strategic agreements with "Grandfather for trains" and"Oman Mineral Development"

Abu Dhabi, February 6 / WAM / The Emstil Group announced the signing of strategic agreements with each of Hafez Track Company, the first cross -border rail network in the region linking the UAE and Oman, the Oman Minerals Development Company, the government arm of mining investments in the Sultanate.

Strategic partnerships – which have been concluded today aim to strengthen the system of transporting raw materials and linking railways across the border in the Gulf Cooperation Council countries, which contributes to the consolidation of economic integration between the UAE and the Sultanate of Oman.

These agreements constitute a pivotal step towards establishing new criteria for effective and sustainable transportation of basic raw materials in the cement industry at “Emstil”, in line with the targets of the 300 billion project, the national strategy for advanced industry and technology in the UAE and Oman Vision 2040.

The agreement signed with “Hafeet Tracks” highlights a model for close cooperation between Emstil and Hafit trains in implementing specific tasks and responsibilities to enhance regional transportation efficiency and provides for securing the transfer of up to 4.2 million tons annually of raw materials from the Emirates to Amman, in order to enhance the continuity of the necessary supplies For the production sector, the initial partnership period extends to 15 years, with the possibility of extension for a similar period according to the agreed conditions.

This strategic partnership provides fundamental advantages for both parties, as it guarantees a highly efficient and sustainable supply chain, which supports the company’s growth in the cement production sector and enhances the role of the bare trains of the trains is a major engine for industrial growth environmentally responsible by reducing carbon emissions through railway transportation, and promotion Border trade, and the wheel of economic integration in line with the national strategies of both countries.

The strategic partnership with the Oman Minerals Development Company aims to enhance the supply of high -quality industrial minerals, to supervise the supply of industrial materials, according to the approved standards.

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