H E Jassim bin Saif Al Sulaiti, Minister of Transport and Communication, stated that the first phase of the project concerning equipment, operation and clearance has been completed. Later on, the port will go through some major changes during the second phase of the project.
Moreover, the Minister gave further information about the project while signing the Memorandum of Understanding between Qterminals and China Harbour Engineering Company. QTerminals is the newly-established operator of the first phase of Hamad Port. The latter signed an MoU with China Harbour Engineering Company aiming to create joint chances of employment and investments between both sides around the world.
QTerminals is a terminal operating company between Qatar Ports Management Company holding the 51% and Qatar Navigation holding the 49% to provide the container, general cargo, RORO, livestock and offshore supply services in Phase 1 of Hamad Port.
According to local media, the deal makes QTerminals' and China Harbour Engineering Company's relations more powerful since they have same terms to reference, provide certain resources and support to achieve the intended objectives of this partnership. The companies would agree on the working mechanisms about funding, designing, constructing, operating and managing the opportunities.
Under the MoU, which serves the objectives of China’s One Belt, One Road initiative and the Qatar National Vision 2030, the parties would identify and invest in potential maritime investment opportunities around the world.