Fujairah Terminals, a subsidiary of AD Ports Group, has entered into a Memorandum of Understanding (MoU) with the Fujairah Free Zone Authority (FFZA). This collaborative partnership aims to enhance Fujairah’s standing as a pivotal hub in the global maritime industry. By combining the unique strengths of Fujairah Terminals and the FFZA, the MoU seeks to attract further investment, streamline operations, and foster sustainable growth within Fujairah’s maritime ecosystem.
Furthermore, the MoU aims to explore collaboration that would encompass the exchange of statistical data, business forecasts, and other information regarding container movement by road and sea, as well as joint participation in events and roadshows, a statement outlined.
Captain Mohamed Al Yahyaei, CEO of Fujairah Terminals said, “Fujairah Terminals is strategically located to serve as the premier gateway to the Indian Subcontinent, African trade lanes, and global markets. This MoU paves the way to further collaboration with the Fujairah Free Zone Authority, that will unlock new growth opportunities, enhance service offerings, and deliver greater value to our customers and stakeholders, solidifying Fujairah’s position as a leading maritime hub.”
Mohamed Sharief Habib Al Awadhi, Director General Fujairah Free Zone Authority added, “The Fujairah Free Zone Authority plays a crucial role in attracting foreign investment and fostering a vibrant business community. This MoU with Fujairah Terminals, part of AD Ports Group, creates a powerful synergy, enabling us to offer a compelling value proposition to maritime businesses. Together, we can enhance competitiveness, drive economic diversification, and strengthen Fujairah’s global maritime standing.”
Fujairah Terminals, located on the UAE’s eastern coast, serves as a premier gateway for trade with the Indian Subcontinent, African trade lanes, and global markets. Established in 2017, this multi-purpose terminal boasts a quay wall extending to 1000m and a depth of 15m, enabling it to handle larger vessels, the statement noted.
