Partnership between "Abu Dhabi Ports" And ports "Chinese Shandong" To develop industrial compounds for environmentally friendly cars
Abu Dhabi, October 3/ WAM/ The Abu Dhabi Ports Group has announced the signing of an initial strategic partnership agreement with the Chinese Shandong Ports Group, which owns the Chinese government, which runs the Yanai port in addition to major ports in the eastern China Shandong Province.
The agreement aims to create environmentally friendly car compounds, to enhance vehicle trade between Asia, the Middle East and North Africa, and to benefit from sustainable energy sources.
Based on the promising opportunities and great capabilities to create an integrated logistical corridor for cars between China, the Middle East and Africa, the two sides will seek to benefit from their infrastructure, market place and extensive experience to provide a flexible and effective supply chain for new and used vehicles.
The two sides will benefit from the position of China as the largest car market in the world and its great export capabilities, in addition to the role of Abu Dhabi as a commercial and logistical center.
According to the provisions of the agreement, the two parties will explore the opportunities for cooperation to create and operate an integrated network of bilateral stations and car centers, linking the industrial zone for the circular economy for environmentally friendly cars in Yanai, Shandong Province, Asia and the Pacific, to the car stations and centers of the Abu Dhabi Ports Group in the Emirates and other major countries, with the aim of establishing a series of flexible supply supplies For vehicles.
The terms of the agreement also stipulates the development of modern and integrated car centers within the ports, which depend on artificial intelligence technologies to enhance operational efficiency and provide competitive advantages in the logistical services sector for cars, in addition to the joint exploration of sustainable energy initiatives, by taking advantage of the advanced infrastructure of the energy sector and the logistical capabilities enjoyed by the Yanai Port of the Port of the Port of the Port Group Shandong, along with the strategic location of the Abu Dhabi Ports Group in the Middle East and its pivotal role in supporting the prosperous energy sector in the region.
Based on the established relationship with the Chandong Ports Group and its Yantai Port, this strategic agreement reflects the common vision to enhance commercial and logistical ties between the Republic of China and the UAE and other global markets.
The development of these integrated industrial groups for environmentally friendly cars will contribute to the consolidation of Abu Dhabi’s position as a major center for the car market, in order to support economic diversification, enhance the circular economy, and provides sustainable value to customers throughout Asia, the Middle East and North Africa
The agreement comes in light of the growing international presence of Chinese brands in the automotive sector over the past few years, as used car exports from China are witnessing a qualitative boom, and promising opportunities for development and growth.
As the largest external market for Chinese car exports, the strategic location of the UAE is gaining special importance, while the strategic partnership between the Yanai port of the Shandong Ports Group reflects the Abu Dhabi Ports Group, which is based on the integrative benefits of both parties in the areas of ports, logistical services and market channels, a great strategic value, and will contribute to Deepening economic and commercial exchanges between the two countries.
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