AD Ports Group, a United Arab Emirates-based port development firm, has signed a memorandum of understanding with Somalia’s Ministry of Fisheries and Blue Economy to help the East African country increase the output of its marine fisheries.
The agreement aims to make upgrades to Somalia’s port infrastructure, and integrate the infrastructure with existing and planned seafood-processing plants, according to a statement by AD Ports Group.
“AD Ports Group will explore supporting Somalia’s positive economic growth through potential investments and other collaborations in the nation’s fisheries and maritime sectors,” AD Ports Group Managing Director and Group CEO Mohamed Juma Al Shamisi said in a release.
The collaboration also aims to establish …
