SMART4SEA Conference & Awards
2018
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SMART4SEA Conference & Awards
2018
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Hutchison Ports to run Ahmed Bin Rashid Port

hutchinson
Mr. Sultan Saeed Al Ali (front left), Executive Director of the Umm Al Quwain Ports, Customs and Freezone Corporation, and Andy Tsoi, Hutchison Ports Managing Director of Middle East and Africa, prepare to sign the agreement in the presence of His Highness Sheikh Saud bin Rashid Al Mu’alla (back centre), Supreme Council Member and Ruler of Umm Al Quwain, and Eric Ip (back right), Group Managing Director of Hutchison Ports / Credit: Hutchinson Ports

Hong Kong-based port operator, Hutchison Ports, announced that it was awarded a concession to operate the Ahmed Bin Rashid Port in Umm Al Quwain, a key entry-exit point for container, general, Ro-Ro and bulk cargo in the northern UAE.

Hutchison Ports will run the four-berth facility with an 845-metre-long quay and a 23-hectare yard, which will be under the name of Hutchison Ports UAQ, the port operator said in a statement.

The financial details for this agreement were not disclosed.

Andy Tsoi, Managing Director of Middle East and Africa, stated: “The UAE economy is growing strongly and there is great demand for terminal facilities in the northern part of the Emirates. Our target is to improve the service level of the port to facilitate the emirate’s import and export trade. We look forward to contributing to the growth of the local economy.”

From his part, Mr. Sultan Saeed Al Ali, Executive Director, Umm al Quwain Ports, Customs & Free Zone Corporation believes that this agreement will help the port in Umm Al Quwain to serve better the local community as well as the existing companies by attracting future investment.

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