Government signs MoU with Dubai Ports World
23 Mar 2015, 1:30 PM
Minivan News
The Maldivian government signed a Memorandum of Understanding (MoU) with Dubai Ports (DP) World on Thursday (March 19) to develop a port at Thilafushi as a free trade zone.
In a press statement on Sunday (March 22), DP World said the MoU was signed for the development of the Maldives’ “ports and logistics industry” by DP World Chairman Sultan Ahmed Bin Sulayem and Tourism Minister Ahmed Adeeb.
“The Maldives has been growing rapidly, driven largely by its tourism development. We are working with them to help diversify the economy through building infrastructure, logistics and transport links needed to make this happen,” said Bin Sulayem.
“The UAE has much experience and expertise in this area thanks to the vision of our leaders to explore new growth strategies. We are proud to share our expertise with the Maldives as they develop their capabilities in the global supply chain industry.”
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