AD Ports Group, announced that it signed a 30-year concession agreement with the government of the Republic of the Congo for managing and operating the multipurpose New East Mole Terminal in Pointe-Noire in the Republic of the Congo.
In particular, under the terms of the new agreement, AD Ports Group will have the exclusive right to invest in the development, operation, management and maintenance of the “New East Mole Port” that will handle containers, general cargo, break-bulk and other types of cargo. The Agreement runs for thirty year from the date of signing and AD Ports Groups shall have the right to further extend it for a further period of twenty (20) years on the same terms and conditions.
Throughout the term of the Agreement, the Group will provide the new facility with digital services and technology solutions to enhance its efficiency including design, implementation and operation of a single-window, software development, digital architecture, business analytics, digital operations support and digital transformation.
By expanding our operations and presence in Congo, we are not only strengthening our position in the region, but also tapping into a new market with immense potential. We anticipate boosting trade and commerce between our countries and opening new trade routes, creating new employment opportunities, and contributing to the overall development of Congo.
..said Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group.
In line with the directions of our wise leadership, AD Ports Group continues to expand its operations globally, working with partners to develop world-class port, logistics and maritime facilities in key commercial hubs.
..Capt. Al Shamsi added.
We are delighted to partner with AD Ports Group in this exciting new agreement. This partnership represents a significant step forward in our efforts to promote economic growth and development in Brazzaville, Congo.
..said Mr. Denis-Christel Sassou Nguesso, Minister of International Cooperation and Promotion of Public Private Partnership of the Republic of the Congo.
