AD Ports sets its sights on Madagascar
AD Ports Group and Madagascar’s economic development board have agreed to explore their collaboration in developing Madagascar's ports, maritime, and logistics sectors.
Signed by Mohamed Eidha Al Menhali, regional CEO of AD Ports Group, and Josielle Rafidy, general manager of Madagascar’s economic development board, the MOU aims to enhance commercial opportunities and focuses on developing economic cities, free zones, ports, marinas, cruise facilities, and digitalising logistics and maritime services.
It also includes the establishment of a maritime academy and the development of Madagascar's fisheries sector, involving sustainable practices, infrastructure, and technology adoption.
A joint working group will oversee the implementation of these projects, fostering mutual economic growth and cooperation. (pb)