AD Ports Group and Economic Development Board of Madagascar join forces to explore port and maritime service development.

Post by : Elena Malik

Photo : Abu Dhabi Media Office

AD Ports Group, a global leader in facilitating trade, logistics, and industry services, has forged a promising partnership with the Economic Development Board of Madagascar. The collaboration, sealed through a signed agreement, aims to invigorate commercial prospects within Madagascar's maritime, industrial, and logistics sectors.

The agreement, inked by Mohamed Eidha Al Menhali, Regional CEO of AD Ports Group, and Josielle Rafidy, General Manager of the Economic Development Board of Madagascar, delineates a strategic roadmap for mutual cooperation. Among the focal points are the development of economic cities and free zones, augmentation of port infrastructure, advancement of digital logistics services, and establishment of a maritime academy.

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Notably, the partnership extends to bolstering Madagascar's fisheries sector, with an emphasis on sustainable practices, infrastructure enhancement, and technological innovation. Through concerted efforts, both entities aim to elevate Madagascar's standing as an investment destination and stimulate economic growth.

Mohamed Eidha Al Menhali expressed AD Ports Group's dedication to global collaboration, underscoring the shared commitment to unlocking new opportunities and fostering mutual prosperity. Similarly, Josielle Rafidy emphasized the Economic Development Board of Madagascar's role in facilitating investment and promoting economic development.

To facilitate the execution of joint initiatives, a joint working group comprising representatives from both parties will be established. This collaborative endeavor reflects a shared vision for co-development and underscores the commitment to realizing tangible outcomes for both economies.

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