Abu Dhabi (Etihad)
Capt. Mohammed Zuma Al Shamsi, Managing Director and Chief Executive Officer of the Abu Dhabi Port Group; The two agreements were signed by the Abu Dhabi Ports Authority and China’s Shandong Port Group in the presence of Li Fengl.
The first agreement provides for the establishment of a center in Gizad, dedicated to tire storage and distribution for the first time in the region, and was signed by Abdullah al-Hamli, head of the Department of Industrial Cities and Free Zones – Abu Dhabi Ports Group, and Zhang Kuancheng, Chairman of the Shandong Port Group of Directors for Foreign Business Development.
Second, it is a “dual ports” agreement signed by Captain Ammar Al Shaiba, CEO of the Port Operations Company and General Director of the Abu Dhabi Port Group and Deputy Director General of Shandong Port Zia Faning. Establishing a partnership between the group, and ports, and strengthening business cooperation between the two sides.
The agreement was signed with the arrival of the first shipment to be acquired, which provides an innovative approach to tackle current and future challenges related to the shortage of containers in the region, by supporting the import of tires in bulk. They will be packed in containers and shipped elsewhere.
This cooperation coincides with the fiftieth anniversary of the founding of the United Arab Emirates, as both agreements support efforts to diversify the economy and attract foreign direct investment, and establish a leading business, logistics and industry position in the Emirate of Abu Dhabi. Basically, in line with the strategy to promote the industry followed by the government.
The new tire storage and distribution center utilizes the Abu Dhabi Ports Group’s capabilities as a leading trading and logistics machine, which will provide integrated services to the Shandong Port Group in its business segments, with an area of over 150,000. Square meter in the kitchen.
Capt. Mohamed Zuma Al Shamsi, Managing Director and CEO of Abu Dhabi Ports Group, noted that the agreement with the Chinese Shandong Port Group is a key step for the Group and highlights the unique benefits and logistics services provided by Abu Dhabi Emirate. Reflects the integration of the Group’s services across its various business sectors.
He said: “Thanks to the guidance of brilliant leadership, the UAE has become a leading driver of global trade and a fast-growing industrial destination, able to play a key role in the Chinese belt and road initiative, and we are pleased to see this growth. Industrial interest of Chinese companies to invest in the Emirate of Abu Dhabi.”
He added: “Strengthening economic partnerships in ports and free economic zones is a strategic pillar in the context of the country’s efforts for economic diversification, and we welcome cooperation with the Shandong Port Group, which stabilizes the country’s key economic position. “
For his part, Li Fengel, General Manager, Shandong Port Group, expressed his delight at the signing of the agreement, stressing his confidence in the potential of this collaboration with the Abu Dhabi Ports Group. The ports and logistics sectors are driven by significant advances in the global supply chain and increasing demand from consumers.
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