AD Ports Group and Saif Powertec Limited to Explore Cooperation on Multiple Port Projects in Bangladesh

Abu Dhabi, UAE – 26 June 2024: AD Ports Group (ADX: ADPORTS), one of many world’s main facilitators of worldwide commerce, logistics, and trade, and Saif Powertec Ltd. have signed a Memorandum of Understanding (MoU) to doubtlessly cooperate on operational tasks and tasks below growth in varied ports in Bangladesh.

The MoU was signed by Ahmed Al Mutawa, Regional CEO, AD Ports Group, and Tarafder Md Ruhul Amin, Managing Director of Saif Powertec Ltd., in the presence of senior officers from each events.

Under the phrases of the MoU, each events will discover working carefully collectively to conduct joint actions and discover working on the event of Ports, container depots and logistics services in Chattogram, Mongla, and Dhaka.

Both events will set up a joint working group to share experience, research, methods, technical help, and the implementation of joint actions.

Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO – AD Ports Group, mentioned: “This cooperation highlights our ongoing dedication to unlocking contemporary alternatives globally. Working alongside Saif Powertec Ltd. will present a larger platform for us to provide our world-class companies and expertise on varied tasks in Bangladesh. The signing of this MoU additional enhances the Group’s presence in Bangladesh and South Asia as we proceed to develop and develop the shut relationships we’ve constructed through the years in line with the imaginative and prescient of our sensible management.”

Tarafder Md Ruhul Amin from Saif Powertec Ltd. mentioned: “Today is one other proud day for us as we proceed our ongoing partnership with AD Ports Group, which could lead on us to work collectively on huge tasks in Bangladesh. The MoU is yet one more indicator of the power of the connection between Saif Powertec Ltd. and AD Ports Group and we’re trying ahead to collaborating for a few years to come. AD Ports Group brings a wealth of expertise and know-how to the desk when it comes to our trade, so teaming up with them to proceed to develop our operations in Bangladesh makes whole sense for us.”

Saif Powertec Ltd. is on a mission to rigorously enhance the standard of its experience and companies in order that it could possibly present the very best consequence to its purchasers and improve the corporate’s capabilities to deal with contemporary challenges day-after-day, and finally turn out to be one of the superior and progressive corporations in Bangladesh. Having been established in 2003 the corporate now finds itself as a visionary chief by offering energy and materials dealing with options in the engineering enviornment of Bangladesh.