UAE Ministry of Energy and Infrastructure ink agreement with AASTS
The UAE Ministry of Energy and Infrastructure will utilise the Arab Academy for Science Technology and Maritime Transport branch in Sharjah (AASTS’) capabilities and expertise of its workforce to develop the UAE’s maritime sector.
The agreement was signed by Hassan Mohammed Juma Al Mansouri, Under-Secretary of the Ministry of Energy and Infrastructure in the UAE and Ismail Abdel Ghaffar Ismail Faraj, President of the Arab Academy for Science, Technology and Maritime Transport.
Hassan Mohammed Juma Al Mansouri said: “In the UAE, we are determined to be ‘Number One’ in all areas and aim to become a unique example in sustainable development, ensuring the prosperity and wellbeing of the current and future generations in the post-oil era.
“This is the essence of the UAE’s strategy as we prepare for the next fifty years. The maritime economy and the maritime sector are key pillars to achieve this vision. Over 20,000 maritime establishments and companies operate in the UAE.
“This figure is the largest in the region. Our ports receive over 12 million containers annually, supporting the economic growth in the UAE and other GCC countries. Thus, boosting maritime investments, which are valued at USD65 billion, annually.”