Partnership to explore development and operation of container operations at Shuaiba Port
AD Ports Group recently announced the signing of a Memorandum of Understanding (MoU) with the Kuwait Ports Authority (KPA), the principal developer and operator of commercial ports and logistics zones, to explore the development and operation of container operations at Shuaiba Port.
The MoU signing, held in Kuwait City was witnessed by HE Dr. Noura Al Mashaan, Minister of Public Works of the State of Kuwait and HE Dr. Thani Bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade.
The MoU was signed by Sheikh Khaled Salem Al Sabah, Director General of the Kuwait Ports Authority; and Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group.
Feasibility studies
Under the terms of the MoU, AD Ports Group will prepare the technical, environmental, and financial feasibility studies, in accordance with internationally recognised specifications and standards agreed by both parties, in addition to identifying infrastructure requirements for the project.
In support of this collaboration, the Kuwait Ports Authority will designate the project site at Shuaiba Port and collaborate with AD Ports Group in completing the required studies.
“We are confident that this collaboration will enhance the port’s capabilities and strengthen its role in supporting maritime trade and transport in the State of Kuwait,” remarked Sheikh Khaled.
“As a leading provider of integrated trade and logistics solutions and a global developer of ports, terminals and related infrastructure, AD Ports Group would leverage its extensive experience to ensure the success of this project,” commented Captain Al Shamisi.
