The Government of Umm Al Quwain has awarded the Hong Kong-based port operator Hutchison Ports a concession to operate Ahmed Bin Rashid Port in Umm Al Quwain (UAQ).
UAQ is a key entry-exit point for the container, general, Ro-Ro and bulk cargo trade in the northern United Arab Emirates (UAE).
Under the patronage of His Highness Sheikh Saud bin Rashid Al Mu'alla, Supreme Council Member and Ruler of Umm Al Quwain, the Hong Kong-based port operator will run the facility under the name of Hutchison Ports UAQ.
Hutchison Ports UAQ is a four-berth facility with an 845-metre-long quay and a 23-hectare yard. With excellent road connections to the northern UAE and in close proximity to regional trade lanes, the facility is poised for significant growth.
No financial details were disclosed.
The agreement follows another recent development in the region by Hutchison Ports as it announced that terminal operations had started at Saqr Port in the northern UAE emirate of Ras Al Khaimah (RAK) this week.
Learn why Pakistan is in a prime location on the East-West trade routes by reading the 'Pakistan’s High-tech Port of Call' technical paper by Captain Syed Rashid Jamil, Chief Executive Officer, Hutchison Ports Pakistan
Commenting on the latest addition to Hutchison Ports’ 51-port global network, Andy Tsoi, Managing Director of Middle East and Africa, stated: “The UAE economy is growing strongly and there is great demand for terminal facilities in the northern part of the Emirates.
“Our target is to improve the service level of the port to facilitate the emirate’s import and export trade. We look forward to contributing to the growth of the local economy.”
Sultan Saeed Al Ali, Executive Director, Umm al Quwain Ports, Customs & Free Zone Corporation commented: “The port in Umm Al Quwain has a long, rich history. With the presence of Hutchison Ports, we expect the terminal to be better positioned to serve the local community.
“This will help support our existing businesses while also helping to attract future investment into the emirate.”