2024-06-27 13:09:00
Bangladeshi firm Saif Powertech Restricted has signed a Memorandum of Understanding (MoU) with United Arab Emirates (UAE) AD Ports Group to work collectively on a number of port initiatives in Bangladesh.
As the primary Bangladeshi firm, that is the primary settlement with an organization within the delivery and logistics sector overseas.
AD Ports Group, the Abu Dhabi Ports Authority, mentioned in a press release that the highest officers of the 2 corporations signed it in Abu Dhabi on Wednesday (June 26).
The MoU was signed by AD Ports Group Managing Director and Chief Govt Officer Captain Mohammad Juma Al Shamisi and Saif Powertech Managing Director Tarafdar Md. Ruhul Amin. In response to the MoU, each events will work collectively to develop numerous container depots and logistics services together with Chittagong, Mongla for conducting joint actions.
Captain Mohammed Juma Al Shamisi mentioned, “This cooperation highlights our ongoing dedication to work globally. This MoU will additional improve the Group’s presence in Bangladesh and South Asia.
Tarfdar Md. Ruhul Amin mentioned, “We’re persevering with our ongoing partnership with AD Ports Group, which is able to encourage us to work collectively on main initiatives in Bangladesh.
It must be famous that earlier in April 2022, Saif Powertech signed an settlement with Safin Feeder Firm of United Arab Emirates to start out enterprise in delivery and logistics sector overseas as the primary Bangladeshi firm. Saif Powertech, the nation’s solely terminal operator, handles about 58 % of the containers at Chittagong port. The corporate additionally handles containers at Mongla and Pangaon ports.