Agreement to Explore Opportunities for Establishing an Alternative Export Gateway on the Eastern Coast of the UAE
Abu Dhabi Ports Group and Borouge PLC are seeking to enhance their collaboration through a new agreement aimed at exploring opportunities to establish an alternative export gateway on the eastern coast of the UAE. This initiative is part of ongoing efforts to improve export efficiency and provide more flexible logistics solutions. This partnership is expected to support export operations and enhance logistical capabilities.
Expanding Logistic Cooperation
Abu Dhabi Ports Group announced the signing of a partnership agreement with Borouge PLC to explore opportunities for expanding cooperation between the two parties with the goal of enhancing the flexibility of export operations and increasing operational efficiency. Through this agreement, both parties will work together to establish an alternative international export gateway on the eastern coast of the UAE, reflecting a shared vision to enhance export capabilities.
Infrastructure and Leveraging Logistic Networks
The agreement focuses on leveraging the strong maritime connectivity provided by Abu Dhabi Ports Group, including access to its integrated services at Fujairah ports. The development of specialized infrastructure for polyolefins in this region will also be studied. This approach contributes to enhancing the efficiency of export operations and ensuring their continuity through an effective logistics network.
Providing New Supply Chain Solutions
Both parties will also assess ways to reduce reliance on congested maritime corridors. By collaborating with shipping lines, greater flexibility in vessel scheduling and routing can be achieved, aiding in the efficient movement of shipments through Fujairah ports. These efforts combine the development of logistics operations with the enhancement of export flow stability.
Future Insights
Saif Al Mazrouei, CEO of the Ports Sector at Abu Dhabi Ports Group, stated that the group looks forward to exploring collaboration opportunities with Borouge to enhance industrial exports and develop global trade connectivity. Meanwhile, Hazim Sultan Al Suwaidi, CEO of Borouge PLC, praised the strategic partnership as an important step in supporting sustainable growth and building a flexible logistics network, thereby enhancing the company’s position as a reliable supplier. This agreement highlights the shared vision of both parties in enhancing supply chain resilience, reflecting the UAE’s broad ambitions as a global destination for logistics and industrial services.
These collaborations bolster ambitious investments aimed at improving and facilitating export operations on the eastern coast, supporting increased effectiveness and efficiency in the supply chain for several vital industries.