The MoU will explore potential collaborations in integrating fish ports and processing plants
AD Ports Group recently signed a Memorandum of Understanding (MoU) with the Somali Ministry of Fisheries & Blue Economy to explore the possibility of jointly investing and developing the nation’s fisheries, ports, and maritime sectors.
The MoU will explore potential collaborations in integrating fish ports and processing plants, developing a maritime monitoring centre and stations, upgrading port infrastructure, building integrated fishing ports, and establishing a technical vocational training school.
AD Ports Group brings a wealth of experience in managing ports, economic cities, and free zones, in addition to providing integrated multimodal logistics services in the UAE and globally. In collaboration with the Somali Ministry of Fisheries & Blue Economy, AD Ports Group will look for opportunities to develop the maritime and fisheries sectors and explore other potential projects.
Enhancing capacity
“This collaboration will not only enhance our capacity but also drive economic development and provide new opportunities for our communities reliant on the maritime economy,” stated HE Ahmed Hassan Aden, Minister of Fisheries & Blue Economy, Somalia.
“AD Ports Group will explore supporting Somalia’s positive economic growth through potential investments and other collaborations in the nation’s ports, fisheries and maritime sectors,” remarked Captain Mohamed Juma Al Shamisi, Managing Director & Group CEO, AD Ports Group.