ADFD-funded AED24m project raises efficiency of fishing port

ADFD-funded AED24m project raises efficiency of fishing port

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony at the fishing port of Tanit in Mauritania of an ice factory that would enhance the port’s efficiency. The Fund also supervised the project, carried out for AED24 million ($6.5 million) by the Emirati company Talc Investment, which is keen ...

ABU DHABI / WAM

Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony at the fishing port of Tanit in Mauritania of an ice factory that would enhance the port’s efficiency. The Fund also supervised the project, carried out for AED24 million ($6.5 million) by the Emirati company Talc Investment, which is keen to invest in Africa and Latin America.

The project was inaugurated by Mohamed Ould Cheikh El Ghazouani, President of Mauritania, with the ceremony attended by Hamad Ghanem Hamad Al Muhairi, Ambassador of the UAE to Mauritania, and Mauritanian officials.

Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development, said that the objective of the strategic initiative is to enhance the operational efficiency of the port, raise the quality of its services, and improve fishermen’s living standards through the provision of better access to local and international markets. The ice factory