Fujairah Terminals, a subsidiary of AD Ports Group (AD Ports), has announced the signing of a Memorandum of Understanding (MoU) with the Fujairah Free Zone Authority (FFZA).
By leveraging the unique strengths of both Fujairah Terminals and the FFZA, the MoU aims to attract further investment, streamline operations, and promote sustainable growth within Fujairah’s maritime ecosystem.
Furthermore, the MoU aims to explore collaboration that would encompass the exchange of statistical data, business forecasts, and other information regarding container movement by road and sea, as well as joint participation in events and road shows.
The agreement also sets the ground for Fujairah Terminals and Fujairah Free Zone Authority to create a seamless and efficient environment that caters to the evolving needs of global shipping lines, logistics providers, and maritime service companies, reported AD Ports.
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Captain Mohamed Al Yahyaei, CEO of Fujairah Terminals, said: “Fujairah Terminals is strategically located to serve as the premier gateway to the Indian Subcontinent, African trade lanes, and global markets.
“This MoU paves the way to further collaboration with the Fujairah Free Zone Authority, that will unlock new growth opportunities, enhance service offerings, and deliver greater value to our customers and stakeholders, solidifying Fujairah’s position as a leading maritime hub.”
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Mohamed Sharief Habib Al Awadhi, Director General, Fujairah Free Zone Authority, said: “The Fujairah Free Zone Authority plays a crucial role in attracting foreign investment and fostering a vibrant business community.
“This MoU with Fujairah Terminals, part of AD Ports Group, creates a powerful synergy, enabling us to offer a compelling value proposition to maritime businesses. Together, we can enhance competitiveness, drive economic diversification, and strengthen Fujairah’s global maritime standing.”
