Abu Dhabi to host inaugural World Ports and Trade Summit in 2011
Abu Dhabi Ports Company (ADPC) today announced plans to host the industry’s first World Ports & Trade Summit in 2011 under the patronage of H.H. General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
In a show of strength from the industry, Abu Dhabi Terminals and the Arab Sea Ports Federation joined ADPC and event organisers Turret Media and Seatrade, at a press conference to pledge their support for the inaugural Summit in Abu Dhabi. Other confirmed partners include Bechtel as platinum sponsor and Abu Dhabi Tourism Authority as exclusive destination partner.
Scheduled for 28-30 March 2011 at the Abu Dhabi National Exhibition Centre, internationally renowned economists, ports authorities, terminal operators, shipping companies, global cargo owners and investors will be brought together to study the alternative futures facing the industry; to learn about new projects; to understand the investment opportunities taking shape and to find suppliers who can make projects happen.
“The World Ports & Trade Summit will deliver a vital exchange of knowledge as the ports and shipping industries look to evolve development strategies in line with economic management and recovery.”
“ADPC is extremely proud to be a key partner of this brand new event in the United Arab Emirates. As ADPC continues to make the Khalifa Port and Industrial Zone (KPIZ) a reality, the company is now taking centre stage in the diversification of Abu Dhabi’s economy. KPIZ is set to become a major trade and business hub for the Middle East and we look forward to sharing our plans and developing our strategies alongside industry peers and experts at the Summit.”
The UAE isn’t the only country with grand designs in place for its coastal development. Despite the global economic downturn, spending on port developments in the Middle East is still growing, and industry sources state that $46.5bn worth of port development projects are now planned or under way. The market for building and expanding the region’s ports has proved to be far more resilient than the wider construction sector as Governments and investors try to look beyond the current economic conditions and towards recovery and the future infrastructure needs of the Middle East.
“We are consulting with port authorities, terminal operators, shipping companies, investors, and they are all thirsty for knowledge as Governments work towards economic recovery.”
Chris Hayman, Chairman of Seatrade, added:
“The aim for the Summit is to deliver an unrivalled information exchange and networking platform for the industry in a city spearheading the development of ports and associated industrial zones.”
Sheikha Lubna Al Qasimi, Minister of Foreign Trade of the UAE has already confirmed participation as a keynote speaker.
Comprising a carefully designed mix of keynote conference sessions, panel debates, training workshops and round table discussions, the Summit will also include an international exhibition and a fringe programme of networking events, association meetings, investor workshops and hosted tours of ports facilities in the UAE.
Company’s being invited to exhibit include port equipment manufacturers and service suppliers, port and marine construction contractors and consultants, port authorities, terminal operators and government departments. Companies already requesting participation include Bechtel, Archirodon, Boskalis, SGS, Kone Cranes, ALE, Liebherr, Uzmar Shipbuilding, ADTA and ADBIC.
For further information and announcements visit www.WorldPortsAndTradeSummit.com