ICD, Nouadhibou Free Zone, Aqaba authority sign joint cooperation deal

Aqaba Special Economic Zone Authority, Nouadhibou Free Zone Authority and the Islamic Corporation for Development of the Private Sector (ICD), member of the Islamic Development Bank group, have signed a tripartite memorandum of understanding for joint cooperation to establish a framework for fruitful cooperation and exchange of experience promoting cooperation between Jordan and Mauritania.
For the signature ceremony, Aqaba authority was represented by its Chairman Kamel Mahadin, Nouadhibou Authority by its Secretary General Gilani Ould Cheikh and ICD by Farid Masmoudi, director of Business Development and Partnerships.
ICD intends to launch a package of technical cooperation and expertise exchange programs between Aqaba and Nouadhibou authorities based on the advanced expertise of Aqaba Special Economic Zone.
These programs include corporate support, capacity building of structures and officials of Nouadhibou Authority as well as strengthening the capacities of Nouadhibou Free Zone Authority in port services, urban planning, infrastructure, property management, data collection procedures, assessment, and the development of work systems in the fields of investment, development and management of integrated projects.
Mahadin welcomed ICD and Nouadhibou Authority delegations and said: "The authority is seeking to develop its relations with similar Arab institutions aiming at strengthening joint cooperation in the fields of economy based on successful examples."
Mahadin also confirmed Aqba Authority’s support to Nouadhibou Authority and praised ICD initiative aiming at strengthening cooperation and enabling economic growth in both countries.
Cheikh said the cooperation between Aqaba and Nouadhibou authorities enables them to accelerate the development of a strategic action plan to achieve the desired results and to benefit from Aqba Special Economic Zone capacities in the areas of human resources and qualified trained staff.
Masmoudi extended the greetings of Khaled Al-Aboudi, CEO and GM of ICD, and explained the ICD’s vision of the deal.