Tuesday, March 19, 2024
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HomeBusinessEconomyNew UAE logistics hub to be created in Guyana, say president Ali

New UAE logistics hub to be created in Guyana, say president Ali

GEORGETOWN, Guyana, (DPI) –  His Excellency Dr Irfaan Ali announced recently that Guyana wants to build a strong partnership with Abu Dhabi Ports; and to create a new logistics hub for the United Arab Emirates that will connect business opportunities in South America, Central America, the Caribbean, North America and West Africa.

President Ali made the statement while visiting Abu Dhabi Ports’ ultra-modern temperature-controlled vaccine storage warehouse facility. The venue is also the home of the Hope Consortium at KIZAD and the Khalifa Port.

Chief Executive Officer (CEO) of Abu Dhabi Ports and owner, operator, developer and regulator of Abu Dhabi’s maritime infrastructure and Khalifa Industrial Zone (KIZAD), Mohamed Juma Al Shamisi, said that his company is very serious about investing in Guyana.

“Thank you for that trust. We are serious about Guyana, and I promise you we passed the time of thinking, now we are in the implementation stage. So what you will see today is the capability of Abu Dhabi Ports.”

President Ali said that Guyana’s contingent, which features a large delegation from the local private sector, is on “a very serious mission” in the UAE with the drive to have meaningful discussions and to make impactful decisions.

“We want to be in strong partnerships with Abu Dhabi Ports, seriously connected to opportunities in Brazil in the oil and gas sector, and creating a new logistics hub for the UAE in Guyana.”

The president emphasised to the group that his government is willing to facilitate the project by creating incentives and by ensuring that investments made are feasible for all parties involved.

“We are ready to work with you on having that deepwater port ready for not only Guyana but for the region. And for the most important strategic positioning for the UAE in South America, the Caribbean – in Latin America. I think we could just think about it as an upscaled Panama [Canal] development.”

After the discussions, the CEO took the head of state and his delegation through a guided tour, explaining the operation of the specific departments of the company as well as their work around the globe.

The president was joined by Sheikh Ahmed Dalmook Al Maktoum of the UAE and representatives of the Guyanese private sector as well as government ministers, senior minister within the office of the president with responsibility for finance, Dr Ashni Singh; minister of tourism, industry and commerce, Oneidge Walrond and minister of culture, youth and sport, Charles Ramson Jr.

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