The initiative encompasses a comprehensive development strategy aimed at improving handling efficiency, safety, and operational speed. It also seeks to attract new shipping lines and support digital transformation initiatives, including the implementation of AI-powered solutions for port operations. This aligns with Ajman's Vision 2030, which emphasises sustainable economic growth and technological advancement.
Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, witnessed the signing ceremony. He highlighted the project's significance in stimulating the local economy by enhancing supply operations and facilitating export and import activities through sustainable, eco-friendly infrastructure. The Crown Prince also underscored the importance of developing national talents and equipping them with modern port management skills.
Sheikh Dr. Mohammed bin Abdullah Al Nuaimi, Chairman of the Department of Port & Customs Ajman, and Andy Tsoi, Managing Director for the Middle East and Africa Division at Hutchison Ports, formalised the agreement. Sheikh Dr. Mohammed emphasised that the MoU reflects the aspirations of Ajman's leadership to establish strategic partnerships focused on technology transfer, expanding investment opportunities, and building an integrated operational system based on international standards in maritime and logistics operations.
Hutchison Ports, a global port investor, developer, and operator, brings extensive experience to the partnership. The collaboration aims to reinforce Ajman Port's position within the UAE's and the region's maritime transport network, building upon a successful partnership that has been in place since 2011.
The development plan includes the adoption of advanced technologies to enhance port operations. This encompasses the integration of AI-powered programmes to streamline processes, improve safety, and increase operational speed. Such technological advancements are expected to attract new shipping lines and bolster the port's competitiveness in the global logistics sector.
The investment also aligns with the UAE's broader digital transformation strategies and commitment to sustainable development. By focusing on eco-friendly infrastructure and the upskilling of the local workforce, the project aims to create a resilient and future-ready port that can adapt to the evolving demands of global trade.
As part of the 15-year plan, the port will undergo significant infrastructural enhancements to accommodate larger vessels and increased cargo volumes. These upgrades are designed to improve the port's handling capacity and efficiency, thereby reducing turnaround times and operational costs for shipping companies.
The strategic location of Ajman Port, coupled with the planned developments, is expected to attract foreign direct investment and stimulate economic growth in the region. The project is anticipated to generate employment opportunities and contribute to the diversification of Ajman's economy, reducing reliance on traditional revenue streams.
Incorporating AI and digital technologies into port operations is a growing trend in the maritime industry. Ports worldwide are leveraging these advancements to enhance productivity, safety, and environmental sustainability. Ajman Port's commitment to adopting such technologies positions it at the forefront of this global shift towards smarter, more efficient port management.
The partnership between the Department of Port & Customs Ajman and Hutchison Ports exemplifies a forward-thinking approach to infrastructure development. By combining local governance with international expertise, the project aims to create a model for successful public-private collaborations in the logistics sector.
Topics
UAE