Pakistan and Abu Dhabi Ports Group signed on Friday 4 memoranda of understanding (MoUs) to boost collaboration in a number of fields together with rail, airport infrastructure and maritime delivery and logistics.
MoUs have been signed as a delegation of buyers led by UAE Minister of State for Overseas Commerce Thani bin Ahmed Al Zeyoudi referred to as on Prime Minister Shehbaz Sharif right here, in line with a PM Workplace press launch.
The prime minister noticed the trade of agreements referring to the ministries of maritime affairs, aviation, railways and Federal Board of Income with the Abu Dhabi (AD) Ports Group.
As per MoUs, Pakistan and AD Ports Group “will discover potential collaboration in customs, rail, airport infrastructure and maritime delivery and logistics sectors.”
The MoUs are aimed toward enhancing digital customs controls, creating devoted freight rail corridors, upgrading Pakistan’s maritime fleet and marine providers, and Pakistan’s worldwide airports.
Within the assembly with the delegation, the prime minister expressed gratitude to UAE President Sheikh Mohamed bin Zayed and PM Mohammed bin Rashid Al Maktoum for his or her assist to Pakistan.
He underlined that the fraternal Pakistan and UAE ties have been “rooted in shared historical past and tradition.”
The prime minister highlighted the financial partnership between the 2 nations throughout sectors reminiscent of commerce, vitality, and funding, which had contributed to development and prosperity in each international locations.
PM Shehbaz highlighted that the go to demonstrated the dedication of the UAE authorities to additional improve its funding footprint in Pakistan.
He underscored that the investments by the UAE would play a “essential position” in boosting Pakistan’s economic system.
Thani bin Ahmed Al Zeyoudi thanked the prime minister for the nice and cozy welcome and hospitality. Whereas displaying his satisfaction on the current investments of AD Ports in Pakistan, he expressed eager curiosity to additional broaden funding in Pakistan in delivery, ports effectivity enhancement, logistics and digitisation of customs.
The UAE delegation additionally included Kaheel Group Chairman Sheikh Ahmed Dalmook Al Maktoum, Abu Dhabi Ports Group Managing Director & Group Chief Government Officer Capt. Mohamed Al Shamisi and UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi.
The Pakistani delegation included Deputy Prime Minister Ishaq Dar, Defence Minister Khawaja Asif, Commerce Minister Jam Kamal, Finance Minister Muhammad Aurangzeb, Maritime Affairs Minister Qaiser Ahmed Sheikh, and SAPM Tariq Fatemi.
