AD Ports Group Joins Forces With Saif Powertec For Port Development In Bangladesh

AD Ports Group, a prominent player in global trade, logistics, and industry, has signed a Memorandum of Understanding (MoU) with Saif Powertec Ltd. The agreement aims to explore potential collaborations on operational projects and developments across various ports in Bangladesh. The MoU was signed by Ahmed Al Mutawa, Regional CEO of AD Ports Group, and Tarafder Md Ruhul Amin, Managing Director of Saif Powertec Ltd., with senior officials from both organisations present.

The collaboration will focus on the development of ports, container depots, and logistics facilities in Chattogram, Mongla, and Dhaka. Both parties will form a joint working group to share expertise, conduct studies, develop strategies, provide technical assistance, and implement joint activities. This partnership aims to leverage the strengths of both companies to enhance port operations and logistics infrastructure in Bangladesh.

Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, emphasised the significance of this cooperation. He stated, "This cooperation highlights our ongoing commitment to unlocking fresh opportunities globally. Working alongside Saif Powertec Ltd. will provide a greater platform for us to offer our world-class services and experience on various projects in Bangladesh. The signing of this MoU further enhances the Group’s presence in Bangladesh and South Asia as we continue to grow and develop the close relationships we have built over the years in line with the vision of our wise leadership."

Tarafder Md Ruhul Amin from Saif Powertec Ltd. expressed his enthusiasm about the partnership. He said, "Today is another proud day for us as we continue our ongoing partnership with AD Ports Group, which could lead us to work together on big projects in Bangladesh. The MoU is yet another indicator of the strength of the relationship between Saif Powertec Ltd. and AD Ports Group and we’re looking forward to collaborating for many years to come. AD Ports Group brings a wealth of experience and know-how to the table when it comes to our industry, so teaming up with them to continue to grow our operations in Bangladesh makes total sense for us."

The MoU signifies a strategic move for both companies as they aim to expand their influence in South Asia. By combining their resources and expertise, they hope to create significant advancements in port operations and logistics within Bangladesh.

The agreement also reflects AD Ports Group's broader strategy of expanding its global footprint by forming partnerships that align with its vision for growth. This collaboration is expected to bring substantial benefits not only to the companies involved but also to the overall infrastructure development in Bangladesh.

In conclusion, this MoU between AD Ports Group and Saif Powertec Ltd. marks an important step towards enhancing port facilities and logistics services in Bangladesh. The joint efforts are anticipated to foster growth and improve operational efficiency across key locations such as Chattogram, Mongla, and Dhaka.

With inputs from WAM