(MENAFN) Abu Dhabi Ports, the developer of the emirate's commercial and community ports, has inked a 35-year concession deal to enhance, manage and operate Fujairah Port.
Under the agreement, the entities have proclaimed the establishment of Fujairah Terminals, a new operational arm owned by Abu Dhabi Ports.
Accordingly, the concession agreement shows Abu Dhabi Port's and Port of Fujairah's efforts to improve infrastructure in the UAE in line with the leadership"s vision to help drive economic and trade growth.
In addition, Fujairah port looks forward to work with Abu Dhabi Ports in making this tie mutually beneficial both in the short and long term and enhancing Fujairah Port's capabilities.
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