"Abu Dhabi Ports" .. strategic projects that support Arab economic development paths
Abu Dhabi, July 19 / WAM / Abu Dhabi Ports Group continues to enhance its presence in the Arab markets by implementing quality projects and strategic investments in the port and logistical services sector, which contributes to supporting economic development paths and consolidating the region’s position as a central center for global trade.
In the context of its regional expansion, the group concluded a series of specific agreements and partnerships in a number of Arab countries, most notably Egypt, Jordan, Bahrain and Iraq, in line with the UAE’s vision in strengthening the bonds of economic and investment cooperation with sister countries.
On the level of strategic partnership with Egypt, the Abu Dhabi Ports Group has entered into a 50 -year user agreement with the General Authority of the Economic Zone of the Suez Canal to develop and operate an integrated industrial and logistical area in Port Said on an area of 20 square kilometers, including a first stage that extends at 2.8 square kilometers with initial investments estimated at $ 120 million.
The group is also preparing to operate a multi -purpose station in the port of Safaga on the Red Sea as part of a 30 -year concession agreement, where the station is equipped with three “Panamax” cranes and six hybrid bridge cranes at a total cost of 193 million dirhams, where the station extends over an area of 810 thousand square meters and includes integrated facilities for containers, general and liquid goods and rolled ships.
In the context of its expansion in the Egyptian market, the group concluded a memorandum of understanding with the Egyptian Ministry of Transport to develop an integrated logistical complex in Alexandria, and it also acquired the companies “Trancesar”, “TCI” and “B Ship in”, in addition to developing stations for tourist ships in the ports of Safaga, Hurghada, Ain Al -Sukhna and Sharm El -Sheikh.
In the Hashemite Kingdom of Jordan, the Abu Dhabi Ports Group has developed and operated the Aqaba Tourism Station, the first of its kind in Jordan, which represents a valuable addition to the group’s portfolio, and enhances its strategy to enrich the experience of travelers of tourist ships globally.
The Abu Dhabi Ports Group also began implementing the first phase of the “Marsa Zayed” project in Aqaba, in cooperation with the “Mag Holding Group” to convert an area of 3.2 million square meters from the waterfront into an integrated tourist and economic complex that includes resorts and residential and commercial facilities.
On the digital level, the Abu Dhabi Ports Group has concluded a shareholding agreement with the Jordanian “Aqaba Development Company” to establish the joint project “Alath”, through which a qualitative boom will be created in the operational operations of the Aqaba Port through the “Ports Society System”, and it will facilitate communication and transactions between both the Aqaba ports, the operators of the station, the authority of the Aqaba Special Economic Zone, the Aqaba Development Company, and the owners of the relationship, through A unified system, which enhances services and builds advanced capabilities for the Aqaba region and the Kingdom of Jordan.
The Abu Dhabi Ports Group won the management and operation of the “Amman -Al -Madouba” customs center, which extends over an area of 1.3 million square meters, as the project aims to improve Jordanian trade competitiveness through advanced digital customs solutions, including artificial intelligence technologies, Internet of Things, and blockchain technology.
The group also developed an integrated logistical center, as part of the “Great Welcoming Square” project adjacent to Umm Qasr, Basra Governorate in the Republic of Iraq, where the center employs advanced digital techniques and solutions, which contributes to facilitating and accelerating the movement of goods.
In the Kingdom of Bahrain, the group “Nawat Nahwat”, affiliated with the group, announced the start of its operational operations for its joint project with the “Arab Company for Building and Reforming Ships – Family” to provide integrated naval services.
Three initial agreements were recently signed to complement the joint project “captive for marine services” between the two parties, according to the first, the capabilities of dry ponds and shipbuilding in the Gulf Cooperation Council countries are enhanced, and expanding opportunities for expansion and growth in other markets and regions, while the second agreement concluded by the two parties with “JM Box”, an Indian company specialized in the field of marine services, ports, logistical services and technology It aims to reuse ship components and reduce waste to contribute to reducing carbon emissions, whereby ship recycling facilities will be established with sustainable and environmentally friendly methods, and under the third agreement, joint investment opportunities in ports and stations will be exploited, and cooperation in areas of common concern.
During the past year, a regional office was opened in Kuwait with the aim of expanding opportunities and enhancing capabilities within the marine sector wallet and shipping to the group.
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