Emirates Utilities Company Holding (EUCH), a subsidiary of Al Qudra Holding and Kharafi Group signed a memorandum of agreement with Integrated Logistics Co. and Boubyan Bank of Kuwait. The agreement aims to set up a corporation that will specialize in logistical services by offering the latest global equipment for all private and public sector developments.
“Abu Dhabi is witnessing a robust growth in the business sector over the past few years and EUCH will experience significant increases in customer demand for logistical activities,” said Eng. Salah Salem Bin Omeir Al Shamsi, Chairman and Managing Director, Al Qudra Holding & EUCH. “Al Qudra Holding has identified the increasing demand for quality and innovative service equipment. The decision to establish a logistics company stems from Al Qudra Holding’s strategy and vision that thrives to offer foundational services to any development project,” he added.
“Our strategic partnership with Integrated Logistics Co. and Boubyan Bank of Kuwait will assist us in tapping the potential that exists in Abu Dhabi Market, as well as contributing to our accelerated growth as a company by extending our reach to a wider customer base,” added Eng. Al Shamsi.
The MOU will serve as the beginning of an arrangement to establish a cooperation agreement between the companies and guide their partnership and collaboration through the sharing of knowledge and information. Logistical activities will range from mobilizing equipment to fixed generators, material handling to offloading vessels, cargo handling, as well as heavy metals and hazardous substances. Management all of these services will be supervised and managed by technical experts who will help provide innovative solutions and related maintenance work around the clock.
