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ABU DHABI / Emirates Business
Abu Dhabi celebrated on Saturday the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates.
The announcement came following an official event held at Novotel Fujairah, attended by Sheikh Saleh bin Mohammed Al Sharqi, Chairman of the Board of Port of Fujairah, Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, along with a delegation of Senior Managers, Key Stakeholders and Customers.
Earlier this year, Abu Dhabi Ports signed a 35-year concession agreement with the Port of Fujairah, under which ‘Fujairah Terminals’, a new operational arm wholly owned by Abu Dhabi Ports, was established with over AED 1 billion ear-marked for investment in in equipment, and infra and super structure.
Commenting on this major milestone occasion, Captain Al Shamisi said: “As we mark the official commencement of commercial operations, we express our pride, clear commitment and intention to bring the full breadth of our experience to the table; whether it is container, RORO, bulk, cargo or cruise, supporting expansion into the Indian sub-continent and East African markets, which is set to accelerate the economic and social development of the emirate, eventually becoming a strategic and vital artery for international trade.”
“The strong partnership has set in stone, strategic and robust plans, in line with our wise leadership’s vision to create a sustainable and diversified economy for future generations to benefit from, that promise a bright future for Fujairah, its community and businesses,†he added.