AD Ports Group and Aqaba Development Corporation Sign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure
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Sunday, December 19, 2021
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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.
Key Points:
- 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.
- 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.
- 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).
- Mohammad Al-Sakran, Executive Director, Transport & Logistics, Aqaba Development Corporation, noted: This strategic partnership will promote Aqaba as a major player in the regions supply chain.