AD Ports Group signs MoU to review operations at Kuwait's Shuaiba Port

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today announced the signing of a Memorandum of Understanding (MoU) with the Kuwait Ports Authority (KPA), the principal developer and operator of commercial ports and logistics zones, to explore the development and operation of container operations at Shuaiba Port.

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The MoU signing, held in Kuwait City was witnessed by Dr Noura Al Mashaan, Minister of Public Works of the State of Kuwait; and Dr Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade.

The MoU was signed by Sheikh Khaled Salem Al Sabah, Director-General of the Kuwait Ports Authority; and Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group.

Under the terms of the MoU, AD Ports Group will prepare the technical, environmental, and financial feasibility studies, in accordance with internationally recognised specifications and standards agreed by both parties, in addition to identifying infrastructure requirements for the project.

In support of this collaboration, the Kuwait Ports Authority will designate the project site at Shuaiba Port, and collaborate with AD Ports Group in completing the required studies, as well as facilitate the obtention of all necessary licences and approvals from relevant Kuwaiti authorities.