AD Ports Group and Aqaba Development Corporation Sign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure
AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqaba Development Corporation that will see AD Ports Group support the development of tourism, logistics, transport, and digital infrastructure within Aqaba.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211219005040/en/
AD Ports Group and Aqaba Development Corporation Strategic Partnership Signing Ceremony (Photo: AETOSWire)
The signing ceremony took place in Aqaba in Jordan in the presence of H.E. Nasser Shraideh, Minister of Planning and International Cooperation, representing H.E. Dr. Bisher Al Khasawneh, Prime Minister of Jordan; H.E. Ahmed Ali Mohammed Al Baloushi, UAE Ambassador to the kingdom; H.E. Dr. Mohamad Al-Ississ, Minister of Finance; H.E. Eng. Khairy Amr, Minister of Investment; and H.E. Dr. Nawaf Tall, Minister of State for Follow-up and Government Coordination; and H.E Eng. Nayef Ahmad Bakheet, Chief Commissioner, Aqaba Special Economic Zone Authority, Chairman of Aqaba Development Corporation, along with a number of officials from both sides. The four strategic agreements and a Head of Terms Agreement were signed by Hussein Ali Alsafadi, CEO, Aqaba Development Corporation and Captain Mohamed Juma Al Shamisi, Group CEO, AD Ports Group.
The strategic partnerships concern the development of Marsa Zayed, a cruise terminal, and the development of an advanced digital Port Community System, in addition to Head of Terms agreements to explore the development and modernisation of a multipurpose port and King Hussein International Airport.
Marsa Zayed Land Agreement
The agreement is in relation to the development of a land area of 1.2 million sqm in phase 1 of the development of the 3.2 million Marsa Zayed area by AD Ports Group, which will include a cruise terminal, tourism, leisure, residential and other projects. The development is planned to position Aqaba as a major Red Sea destination of choice.
Cruise Terminal Agreement
Under this Agreement, which builds upon a Head of Terms Agreement announced earlier in the year, AD Ports Group will develop, manage and operate a new cruise terminal in Aqaba, which will serve as a gateway for passengers visiting the Red Sea.
Maqta Ayla, New Joint Venture
Maqta Gateway, the digital arm of AD Ports Group, has signed a joint venture Agreement with Aqaba Development Corporation establishing “Maqta Ayla” to develop and operate an advanced Ports Community System (PCS). The system will oversee the communication between the Port of Aqaba and terminal operators, as well as the Aqaba Special Economic Zone Authority (ASEZA), Aqaba Development Corporation, Jordan Maritime Commission and other stakeholders within the Port’s ecosystem. The system is expected to complete around two million digital transactions per year, generate considerable cost and time savings for stakeholders and customers, reduce CO2 emissions and streamline services.
HoT on the Development and Modernisation of a Multi-Purpose Port
The HoT sees the Aqaba Development Corporation and AD Ports Group cooperating on exploring the development and modernisation of a multi-purpose port with world-class facilities including Ro-Ro, general cargo, grain and livestock handling.
Development of King Hussein International Airport Agreement
The Agreement will see AD Ports Group collaborate with Aqaba Development Corporation on the development of King Hussein International Airport – Aqaba, to enable increasing volumes of international and domestic tourism, ensuring a seamless journey for passengers moving between the airport and the Aqaba Cruise Terminal, while enhancing air logistics and expanding Aqaba’s air network connectivity.
H.E Eng. Nayef Ahmad Bakheet, Chief Commissioner, Aqaba Special Economic Zone Authority, Chairman of Aqaba Development Corporation said: “We have found a key partner in AD Ports Group, which has the vision, expertise and track record necessary to develop world-class port and cruise and digital infrastructure.
“The agreements and HoT on the development of Marsa Zayed and a cruise terminal, exploring the modernisation of a multipurpose port, the development of King Hussein International Airport, and the establishment of “Maqta Ayla” for digital systems, represent a significant addition to our efforts that aim to develop Aqaba region, and enable rising volumes of visitors to come and experience the Golden Triangle of Jordan, with our unique tourism offerings of Wadi Rum, Aqaba and the ancient city of Petra.”
Captain Mohamed Juma Al Shamisi, Group CEO, AD Ports Group, said: “This strategic alliance will boost the wider efforts of the leadership of Abu Dhabi to drive trade and tourism with our neighbours in the region, and to develop world-class infrastructure to expand global reach.
“Collectively, these mega-projects represent one of the most significant integrated transport, logistics and tourism development programmes announced in the Hashemite Kingdom of Jordan in recent years.
“Working with our partners in the Aqaba Development Corporation, these ambitious projects will significantly expand the facilities available to travellers and businesses via sea, land and air. This in turn will help grow the trade and tourism sectors, while strengthening Aqaba’s status as a major regional hub and support the kingdom’s economic development plans.”
Hussein Alsafadi, CEO, Aqaba Development Corporation stressed the importance of this collaboration and strategic partnership which will help in creating investment and job opportunities, as well as foster the role of Aqaba as a key regional hub in trade, logistics, and maritime and air transportation.
Abdulla Al Hameli, Head of Industrial Cities & Free Zone Cluster, AD Ports Group said, “We are excited to partner with the Aqaba Special Economic Zone Authority for the development of a land area of 1.2 million sqm comprising real estate development projects, tourist residential complexes, hotels, chalets, commercial centres and theme parks. This significant project contributes towards positioning Aqaba as a major tourism and business destination in the region.”
Saif Al Mazrouei, Head of Ports Cluster, AD Ports Group, said: “We are delighted to be able to play our part in the development of the Port of Aqaba and the new cruise terminal, drawing on our expertise in the cruise sector and our experience in providing advanced services across the supply chain.
“We are confident that this cooperation will prove beneficial for both sides, as it combines Aqaba’s significant growth potential as a cruise destination and a regional hub on the Red Sea with AD Ports Group’s leadership in providing advanced services and infrastructure for cruise passengers and cargo ships.”
Dr. Noura Al Dhaheri, CEO of Maqta Gateway, Head of the Digital Cluster- AD Ports Group, said: “As a result of these partnership agreements, Aqaba’s cruise, logistics and shipping sectors will have to access a broad range of innovative technologies that support optimised services across land, sea and air. Digitalisation will introduce important efficiencies and eliminate risks from the supply chain, with a fully integrated platform that delivers the best possible customer experience.”
Eng. Mohammad Al-Sakran, Executive Director, Transport & Logistics, Aqaba Development Corporation, noted: “This strategic partnership will promote Aqaba as a major player in the region’s supply chain. The digital transformation resulting from this partnership will also create a new ecosystem that will enhance the resilience of the maritime sector in Aqaba”.
About AD Ports Group
About Aqaba Development Corporation
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Director Corporate Communications, +971506250890
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Ipsen Nominates Karen Witts as New Independent Board Member21.1.2022 07:00:00 CET | Press release
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220120006035/en/ Karen Witts (Photo: Business Wire) Ipsen (Euronext: IPN; ADR: IPSEY) announced today the nomination of Karen Witts to its Board of Directors as independent member. Karen Witts was Group CFO at Compass Group Plc until October 2021. Compass is the world’s leading food service company, operating in 43 countries and employing more than 500k people. She was responsible for corporate strategy and planning, business performance management and reporting, financial reporting and control, tax and treasury activities, M&A, internal audit and enterprise risk management, investor relations, and led the digital and technology function. Prior to this, Karen was Group CFO at Kingfisher Plc, the international home improvement company. She has also held various senior strategic finance positions at companies including Vodafone Group Services Ltd, and BT Plc. She
Peru Is Presenting Itself at FITUR 2022 as a Bio-safe Destination, Committed to Outdoor Experiences21.1.2022 02:48:00 CET | Press release
Peru is in attendance at the 42nd edition of FITUR 2022 to position itself as a safe and ready destination for international travellers, motivating them to rediscover the South American country, reported the Comisión de Promoción del Perú para la Exportación y el Turismo [Peruvian Export and Tourism Promotion Commission] (PROMPERÚ). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005812/en/ Inauguration of the Peru stand at FITUR 2022 by the executive president of PROMPERÚ, Amora Carbajal. ©PROMPERÚ In line with its promotion and recovery strategy, Peru is presenting a delegation made up of 19 co-exhibitors in order to show off the best of its tourist offering in the nature, adventure and culture segments. Likewise, it announced its collaboration with the Asociación Española de Agencias de Incentivos – IdeMICE, in order to enhance the attributes of the destination in this segment. In addition, the executive president of
McAfee Continues to Provide Leading Online Protection to Consumers21.1.2022 02:40:00 CET | Press release
Today, McAfee Corp. (NASDAQ: MCFE, “McAfee”), a global leader in online protection, provided an update regarding its pure-play consumer offering and the previously announced divestiture of its enterprise business. In July 2021, McAfee completed the sale of its enterprise business. This transaction allowed McAfee to singularly focus on its consumer business and accelerate its strategy to be the leader in online protection for consumers. “McAfee continues to safeguard the privacy, security and identity of our consumers as the digital world evolves rapidly,” said Gagan Singh, Executive Vice President & Chief Revenue and Product Officer, McAfee. “We continue to stand firm that meaningful protection is a personal right for consumers and have recently rolled out major updates and industry firsts, including McAfee Total Protection and Protection Score, that look out for consumers online, including their privacy and identity.” The McAfee Enterprise business was purchased by Symphony Technology
Velodyne Lidar Named Finalist for 2022 SXSW Innovation Awards20.1.2022 22:30:00 CET | Press release
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution was selected as a finalist for the 24th annual SXSW Innovation Awards taking place March 14 during the South by Southwest® (SXSW®) Conference and Festivals. Velodyne’s smart city solution provides traffic monitoring and analytics to improve road safety, efficiency and air quality, and help cities plan for smarter, safer transportation systems. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220120005876/en/ Velodyne Lidar announced its Intelligent Infrastructure Solution was named a finalist for the 24th annual SXSW Innovation Awards at the South by Southwest® (SXSW®) Conference and Festivals. Velodyne’s smart city solution provides traffic monitoring and analytics to improve road safety, efficiency and air quality, and help cities plan for smarter, safer transportation systems. (Photo Credit: Velodyne Lidar) Velodyne’s Intellig
HCL Technologies Named Top Employer 2022 in 17 Countries Globally20.1.2022 20:00:00 CET | Press release
HCL Technologies (HCL), a leading global technology company, has been named a Top Employer in 17 countries by Top Employers Institute, a global authority in recognizing excellence in people practices. HCL emerged as a Top Employer, among some of the world’s largest and best-known enterprises, based on its dedication to fostering employee growth while continuing to drive value for clients around the globe. HCL has been awarded this status in Australia, Brazil, Canada, France, Germany, Guatemala, Malaysia, Mexico, the Netherlands, New Zealand, the Philippines, Poland, Singapore, South Africa, Sweden, the United Kingdom and the United States. Recognized for the sixteenth time in a row in the United Kingdom, HCL is also ranked first in Poland, Sweden and the Philippines. Each year, Top Employers Institute certifies organizations that are focused on putting their people first through their exceptional HR policies. The Top Employers Institute program certifies organizations based on the part
MPEG LA Offers One-Stop License for ATSC 3.020.1.2022 17:50:00 CET | Press release
MPEG LA, LLC today announced the availability of the ATSC 3.0 Patent Portfolio License (“ATSC 3.0 License” or “License”), providing one-stop access to patents that are essential to the next generation broadcast standard developed by the Advanced Television Systems Committee (ATSC). ATSC 3.0, already available in South Korea and many U.S. television markets, improves the television viewing experience with higher audio and video quality, improved compression efficiency, robust transmission for reception on fixed digital televisions and converter boxes as well as mobile devices, and enhanced accessibility, personalization, interactivity, and advanced emergency alert service capability. “MPEG LA is proud to continue its role in support of the broadcast industry’s next generation terrestrial broadcast system that began with our licenses for the ATSC 1.0 standard and the MPEG-2 video compression standard used in ATSC 1.0,” said MPEG LA President and CEO Larry Horn. “As a convenience to ATSC
Xylem Clocks 113,000 Volunteer Hours in 2021, Doubling Time Donated to Help Tackle Water Challenges in 55 Countries20.1.2022 16:30:00 CET | Press release
Global water technology company, Xylem (NYSE:XYL), announced today that almost 80 percent of its 16,000 employees volunteered their time to help solve urgent water challenges in 2021. Xylem’s global team collectively donated 113,000 hours in their communities, across 55 countries. The commitment of volunteer hours doubled from 2020 to 2021, despite the challenges of COVID-19. Xylem employees stepped up both in person, in their own communities, and virtually, finding new ways to make a difference. Initiatives included cleaning up waterways, supporting disaster response teams, and providing water education. "Volunteering is one way we invest in our mission to solve the world’s biggest water challenges,” said Austin Alexander, Vice President of Sustainability and Social Impact at Xylem. “Our colleagues, customers and NGO partners showed real passion, last year – doubling the number of hours they volunteered, compared with 2020. It was particularly encouraging to see this uplift in the fac
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom