"International Governments".. Agreement between "Dubai Ports and Customs" and"Cordyan Capital"

Dubai, February 11 / WAM / The Ports, Customs and Free Zone Foundation in Dubai, and “Cordyante Capital”, the global infrastructure and real asset investor, signed an agreement to enhance their strategic cooperation to support the agricultural value chain in Dubai and enhance food security initiatives.
This came during a ceremony within the World Summit of Governments 2025, which will be held in Dubai from February 11 to 13.
According to the conditions of the Memorandum of Understanding, the two parties will cooperate to explore the opportunities available to improve the agricultural value chains from the countries supplied to Dubai through infrastructure investments, strategic commercial corridors, and supply chains solutions.
This cooperation depends on the announcement of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, “may God bless him”, in July 2024 to establish the “Food, Fruits and Vegetables Market”, which will be the largest of its kind in the world, which enhances the position Dubai as a global commercial center.
The agreement was signed by His Excellency Sultan Ahmed bin Selim, President of the Ports, Customs and Free Zone Foundation, and Sidreik Garnier – Landorier, partner and head of the agricultural value chain in Cordyan Capital.
Cooperation between the Ports and Customs Corporation and the free zone and the “Cordyante Capital” pave the way for the two parties to cooperate in a number of fields such as building advanced cooling chain networks and includes developing advanced logistical systems for the cooling series that maintains the freshness of products from the farm to the consumer, which reduces food waste and ensures Fixed quality for damageable products.
Cooperation reinforces Dubai’s position as a global center for fresh food by taking advantage of the logistical capabilities of the Ports, Customs and Free Zone Foundation and the “Cordyante Capital” experience in investing in agricultural supply chains.
It also paves the way for promoting national food security, employing advanced technologies such as smart sensors, artificial intelligence analyzes, and blockchain -based trace systems, to enhance transparency and efficiency in the supply chain.
Sultan Ahmed bin Selim stressed that Dubai’s strategic location enabled it to become a global market for food trade, especially fruits and vegetables.
He said, “We are pleased to announce our strategic partnership with Cordyante Capital, where we work together to achieve tangible progress in the global agricultural sector and the agreement highlights our joint commitment to promoting food security in Dubai, the UAE, and the wider Arab Gulf region by benefiting from our experiences in improving supply and services chains The refrigerated logistics, as well as the strategic investments of Cordyante Capital, with the aim of strengthening the agricultural value chain from the producing countries to Dubai Ports This cooperation will contribute to developing reliable food supplies systems, in line with Dubai’s vision to become a global center for fresh food and safe supply chains. “
For his part, Cedric Garnier-Landorier, partner and head of the agricultural value chain in “Cordyante Capital” said that this cooperation with the Ports, Customs and Free Zone Corporation represents an advanced strategic step in our mission to support vital investments in the infrastructure of the agricultural sector and its value chain and by unifying our efforts We are confident of our ability to implement influential projects that enhance food security, improve food distribution channels, and enhance economic sustainability in Dubai and abroad.
The agreement is in line with the ongoing efforts of the Ports and Customs Corporation and the free zone to expand its capabilities in the vital sectors of global trade and economic development. Through partnership with “Cordyante Capital”, the Foundation will strengthen its presence in the agricultural sector, and contribute to achieving the UAE’s targets in food security, economic diversification, and sustainable growth.
The Cordyante Capital launched the Investment Fund in the Dubai Cooling Series in conjunction with the Global Permanent Crops Investment Fund, “Luxembourg headquarters”, to support food security efforts in Dubai and the region by investing in operational assets for the cooling series and logistical services.
It is noteworthy that the “Cordyante Capital” pumped more than a billion US dollars into global diets, and has long experience in providing customized financing solutions that support the growth of medium -sized agricultural institutions, which enhances productivity, profitability and food security and its strategy depends on deep experience in industry, and operational knowledge Wide, financing experience, which enables it to invest in the agricultural sector with high efficiency.

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