The Dubai Maritime Cluster Office (DMCO) of Dubai Maritime City Authority (DMCA) has joined forces with the Irish Maritime Development Office (IMDO) to further boost maritime collaboration between the two organisations. Both bodies have committed to work towards strengthening their countries’ respective maritime industries by building a “smart, vibrant, and sustainable” maritime platform.
The cooperation is the latest in a string of strategic partnerships established by DMCA with various international maritime bodies and organisations, in line with the objectives of Dubai Plan 2021.
Under the terms of the recently signed MoU, DMCO and IMDO will jointly promote trade opportunities as well as identify mutually beneficial initiatives in key maritime areas. There was also agreement to mutually refer business opportunities in areas where the other has a specialty; identify reciprocal investment opportunities for Irish and Dubai maritime companies; and share knowledge and exchange best practices and expertise.
Liam Lacey, IMDO Director, said: “We welcome the opportunity to work with the DMCA and look forward to cooperating and collaborating with them to the benefit of both our maritime economies.”
The MoU is also expected to pave the way for the cultivation of stronger relationships between DMCA and Irish maritime companies and other relevant bodies. It will also be an opportunity for Irish companies to explore ways to better position themselves to work with DMCA and DP World as well as learn more about the Authority’s functions and its upcoming projects.