The heads of NMDC and AD Ports Group sign the agreement.
National Marine Dredging Company (The Group), the UAE’s leading engineering, procurement, construction and marine dredging contractor in the Middle East covering vital industries, creating solutions that meet to the challenges of the future in the energy sector EPC, won a Dhs 1.3 billion contract from the AD Ports (ADP) group for the engineering and construction of Shamal Development’s maritime structures.
The new project won is part of the Group’s strategic expansion plans and aims to strengthen its position and expertise as a global engineering and construction powerhouse for the development of high-quality infrastructure in Abu Dhabi. in the service of the world.
The Shamal development is part of Khalifa Port located in Taweelah, Abu Dhabi, midway between Mina Zayed and Jebel Ali Port, which was built on a reclaimed man-made island reaching 4.5 km offshore.
Commenting on the project’s new victory, Eng. Yasser Zaghloul, Group CEO, NMDC, said: “The contract is part of our strategic plans to expand our operations into the UAE and beyond. We have strategic expansion plans for 2022 and beyond, and as a Group, we will enter new markets and strengthen our presence in existing markets by undertaking complex projects and sharing our expertise.
“As a trusted partner and national champion company, we will bring our global expertise to get the project done on schedule. The project will also create significant value in the country through our localized project execution, supporting the nation’s goals. “
Captain Mohamed Juma Al Shamisi, Group Managing Director and CEO, AD Ports Group, said: “Khalifa Port, our flagship deepwater port, provides vital infrastructure for the global maritime industry. “
“This new development will help us to further increase our infrastructure, operational and cargo handling capacities, supporting our growth and accelerating trade flows in the region. In turn, the expansion strengthens the position of Khalifa Port as a global trade and logistics hub. “
The scope of work will include dredging 16.8 million cubic meters, a 1.2 km quay wall and construction of a detached breakwater approximately 3.8 km long, as well as construction works. ‘soil improvement for 1 million square meters as well as environmental monitoring and protection measures. The entire project is expected to be completed in October 2023.
Last week, Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports Group (ADP), said the group aims to explore opportunities and partnerships in regional and international markets by signing international partnership agreements.
In his statement to the UAE News Agency, Al Shamsi said the group’s investments will help improve the emirate’s stature as a key supporter of international trade and logistics services, in line with the five joint strategic partnerships of the group with Aqaba Development Corporation (ADC) in Jordan.
Abu Dhabi Ports Group supports the national economy, accounting for 13.7% of Abu Dhabi’s non-oil GDP in 2020 and providing more than 200,000 jobs in the United Arab Emirates, as well as managing 55% of the country’s global industrial zones , he added. .
The strategic partnership agreements signed with ADC aim to strengthen the deep-rooted ties between the UAE and Jordan, as well as support Abu Dhabi Ports Group’s global expansion plans by capitalizing on the strategic location Aqaba as a regional Red Sea hub for attracting tourism from Europe, Al Shamsi said, noting that tourists are always keen to visit Aqaba, Wadi Rum and Petra in Jordan.
The CEO of Abu Dhabi Ports Group said mutual investments between the UAE and Jordan are valued at nearly $ 20 billion, and new projects will increase the value of Emirati investments in the kingdom.
“Abu Dhabi Ports Group is committed to strengthening its partnership with leading Jordanian companies and helping achieve their aspirations to strengthen Aqaba’s stature as a regional hub for trade, logistics, transport and tourism. We are convinced that these projects are only the beginning of a future fruitful cooperation ”, he added.
Meanwhile, Etihad Airways and ADQ on Thursday announced a proposed transaction that will support the ongoing transformation of Etihad Airways and the future growth of the civil aviation sector in Abu Dhabi. As part of the proposed transaction, a number of Etihad companies providing airline assistance services will be part of a new aviation company ADQ.
Upon completion of the transaction, the airline support services business will benefit from being part of ADQ’s broad mobility and logistics portfolio, which includes Abu Dhabi Airports and AD Ports Group.
The companies included in the proposed transaction are Etihad Engineering, Etihad Airport Services Cargo, Etihad Airport Services Ground, Etihad Aviation Training, Etihad Secure Logistics and Etihad Technical Training.