AD Ports Group eyes regional, international markets
ABU DHABI, December 27, 2021
AD Ports Group aims to explore opportunities and partnerships in regional and international markets by signing international partnership agreements, said its Managing Director and Group CEO.
The group's investments will help improve the emirate's stature as a key supporter of international trade and logistical services, in line with the group's five joint strategic partnerships with the Aqaba Development Corporation (ADC) in Jordan, Captain Mohamed Juma Al Shamisi was quoted as saying in report by the Emirates News Agency (WAM).
AD Ports Group supports the national economy, accounting for 13.7 percent of Abu Dhabi’s non-oil GDP in 2020, and providing over 200,000 jobs in the UAE, as well as managing 55 percent of overall industrial zones in the country, he added.
The strategic partnership agreements signed with the ADC aims to strengthen the deep-rooted ties between the UAE and Jordan, as well as support AD Ports Group’s global expansion plans by capitalising on the strategic location of Aqaba as a regional hub in the Red Sea to attract tourism from Europe, Al Shamisi said, noting that tourists are always keen to visit Aqaba, Wadi Rum and Petra in Jordan.
Al Shamisi affirmed that mutual investments between the UAE and Jordan are valued at nearly $20 billion, and new projects will boost the value of Emirati investments in the kingdom.
"AD Ports Group is committed to strengthening our partnership with leading companies in Jordan and helping achieve their aspirations to reinforce Aqaba’s stature as a regional hub for trade, logistics, transport and tourism. We are confident that these projects are just the beginning of a fruitful future cooperation," he added.