Abu Dhabi Ports (AD Ports) Group has signed key strategic agreements with Angolan organizations to enhance maritime connectivity along Africa’s west coast.
In the presence of Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, during Abu Dhabi Sustainability Week 2023, AD Ports Group entered into a framework agreement with the Ministry of Transport of the Republic of Angola to begin collaboration on the development of maritime services and infrastructure across the country.
The Group has also entered into a Head of Terms agreement to form a joint venture with state-owned logistics and transportation company UNICARGAS, which manages the multi-purpose terminal at the Port of Luanda, Angola’s busiest port that handles more than 70 percent of the country’s international imports and 80 percent of its non-petroleum exports.
The new joint venture, with majority ownership by AD Ports Group, will work to modernize, manage, operate the multi-purpose terminal and the logistic business of UNICARGAS.
Areas highlighted under the strategic framework agreement with the Ministry for potential future joint investment and development include ferry and cabotage services, maritime passenger terminals, and logistics platforms, as well as a Maritime Academy in Angola. The framework agreement also covers plans to consider the development of the Caio Deepwater Terminal at Cabinda Port, located in Angola’s oil-rich northwest region.
“Our collaboration with the Republic of Angola demonstrates AD Ports Group’s commitment to supporting the UAE’s strong and evolving relationship with Angola in line with the directions of our wise leadership. We are focused on building fast and efficient maritime trade routes, and we are pleased to bring our robust knowledge base to Angola and the ports located on Africa’s west coast. These agreements reflect the trust the Ministry of Transport and the team at UNICARGAS have placed in us, and in our ability to contribute to Angola’s economic growth plans.”
Mr. Ricardo Viegas D´Abreu, Minister for Transport of the Republic of Angola, commented that “The development of the Republic of Angola’s port infrastructure is a key priority of our 2023-2027 National Development Plan. Modernizing our port infrastructure is a vital step for Angola to maximize the potential of our natural resources and promote economic growth for the benefit of our people. We are delighted to enter into the framework agreement with AD Ports Group and to benefit from its established knowledge and expertise as a global maritime player.”
Mr. Joaquim Nazaré Pimentel da Piedade, Management Committee Coordinator, UNICARGAS, said that “Our aim is to develop a state-of-the-art multi-purpose terminal to enhance the Port of Luanda’s position as Angola’s busiest port, to accelerate trade flows and contribute to economic growth. We are delighted to work with AD Ports Group, which has the technical and operational expertise to take services at the terminal to the next level.”