AMN
The Government of Maharashtra has signed an MoU with the Abu Dhabi Ports Group and the Investment Resource & Presidential Office of Abu Dhabi, marking a new era of international maritime cooperation.
The partnership aims to promote technological collaboration, port modernization, and logistics development, while creating new maritime employment opportunities. It will also facilitate investments up to 2 billion US dollars across sectors such as shipbuilding, ship-breaking, water transport, port infrastructure, and sports management.
The signing and exchange ceremony was presided over by Chief Minister Devendra Fadnavis, in the presence of Ahmad Al Mutawa, CEO of Abu Dhabi Ports; Salah Al Nasser, CEO of Equiline Group; Ambar Ayade, MD & CEO of Rural Enhancers Group; and other dignitaries.
This strategic collaboration is expected to boost coastal development, attract foreign investment, and strengthen Maharashtra’s position as a key maritime hub in India.
Representatives from the Abu Dhabi Ports Group noted that Maharashtra’s strategic location and robust industrial ecosystem make it an ideal partner for long-term collaboration. They expressed confidence that the MoU would open new avenues for investment and trade between India and the United Arab Emirates (UAE), further deepening bilateral economic ties.