Abu Dhabi, SONNA – The Ministry of Fisheries and Blue Financial system of the Federal Republic of Somalia has signed a memorandum of understanding (MoU) with Abu Dhabi Ports Group. This partnership goals to collectively spend money on and develop the fishing trade and port infrastructure in Somalia.
The settlement outlines a complete plan for efficient cooperation within the subject of fisheries, together with the event of fishing ports, institution of marine monitoring stations, enhancement of fishing trade infrastructure, and creation of coaching colleges for fishing expertise and strategies.
Kapten Mohamed Juma Al Shamisi, Normal Supervisor and CEO of Abu Dhabi Ports Group, expressed his enthusiasm for the collaboration, stating, “We need to discover alternatives to assist Somalia’s financial growth by establishing funding and cooperation plans in ports, maritime companies, and the nation’s fishing sector. Abu Dhabi Ports Group will work with the Ministry of Fisheries and Blue Financial system of Somalia to strengthen the capability of the nation’s maritime and fisheries sector.”
Minister of Fisheries and Blue Financial system, Mr. Ahmed Hassan Adam, highlighted the transformative potential of this partnership. “With the cooperation of Abu Dhabi Ports Group, we’re getting ready a path that can result in long-term sustainable development and the strengthening of port infrastructure, in addition to supporting the fishing sector within the nation. This partnership is not going to solely improve our capability however may even contribute to financial growth and supply new alternatives for our coastal communities that rely upon fish manufacturing.”
The Ministry of Fisheries and Blue Financial system goals to leverage the in depth expertise of Abu Dhabi Ports Group in port administration and logistics companies to learn Somalia’s fishing economic system. This partnership aligns with Abu Dhabi Ports Company’s current strategic expansions, together with lease agreements for ports, maritime companies, and logistics sectors in Egypt, the Republic of Congo, Angola, and Tanzania.
The collaborative efforts between Somalia and the UAE signify a shared imaginative and prescient of financial development and sustainable growth, with a concentrate on empowering native communities and advancing the fishing trade.
