DP World and the Fujairah Ports Authority have signed a 50 year concession agreement to develop two multipurpose container ports, marking a major expansion of the emirate's maritime infrastructure.
The signing was witnessed by H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, and attended by Essa Kazim, Chairman of DP World Board of Directors, and Mousa Murad, Director of Fujairah Port.
The agreement covers development of the Al Rugaylat container terminal and Dibba Al Fujairah Port. Al Rugaylat is designed to handle up to 2.5 million TEUs annually along with 1.7 million tonnes of general cargo and 190,000 Car Equivalent Units, while Dibba will add up to 3.6 million tonnes of annual general cargo capacity.
Sheikh Mohammed described the deal as a strategic step supporting Sheikh Hamad bin Mohammed Al Sharqi's vision to establish Fujairah as a global maritime and logistics hub. He said the project would strengthen the emirate's economic infrastructure, attract investment, improve supply chain efficiency and generate new employment opportunities.
Once operational, the development will lift DP World's total UAE container handling capacity from 19.4 million TEUs to almost 22 million TEUs. The new terminals will connect to Jebel Ali through DP World's inland logistics network and integrate with Jafza, extending the company's end to end supply chain across the country.
Construction is expected to take between 24 and 30 months and will be delivered in phases.
Sheikh Saleh bin Mohamed Al Sharqi, Chairman of the Fujairah Ports Authority, called the partnership an important milestone for the emirate's development as a regional maritime gateway.
Kazim said the investment reflected DP World's confidence in the UAE's future as a global trade hub, while Group CEO Yuvraj Narayan said Fujairah would complement Jebel Ali by adding capacity for long term growth and greater supply chain flexibility for cargo owners.
News Source: Dubai Media Office
