The two sides expressed their shared willingness to explore further opportunities in support of Qatar’s national development goals, with a particular focus on strengthening sovereign capabilities in the maritime sector.
Qatar Navigation Q.P.S.C. (Milaha), Qatar’s leading maritime and logistics solutions provider, has signed a strategic Memorandum of Understanding (MoU) with Fincantieri that sets the framework for potential cooperation in areas such as maritime services, project management and technology integration.
The signing ceremony in Doha was attended by Fincantieri’s CEO and General Manager Pierroberto Folgiero and Dario Deste, General Manager of the Naval Vessels Division. For Milaha, the Chairman, H.E. Sheikh Jassim bin Hamad bin Jassim bin Jaber Al-Thani, and the Group’s Chief Executive Officer, Fahad Saad Al-Qahtani, participated.
The two sides expressed their shared willingness to explore further opportunities in support of Qatar’s national development goals, with a particular focus on strengthening sovereign capabilities in the maritime sector
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Folgiero commented: “This agreement represents a further step in the consolidation of Fincantieri’s presence in a region of strategic importance for the development of advanced shipbuilding and maritime services. Qatar is a key partner with whom we have built a long-lasting relationship.
The collaboration with Milaha reflects our shared ambition to continue on this path, leveraging our industrial and technological know-how to support the country’s maritime sovereignty and contribute to the objectives outlined by the Qatar National Vision 2030”.
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Fahad Saad Al-Qahtani, CEO of Milaha Group, said: “The signing of this MoU is an important step for Milaha in pursuing our strategic objectives as a Qatari company aligned with national priorities. Partnering with a global leader such as Fincantieri provides access to advanced international expertise while fostering the development of sustainable capabilities within Qatar.
This partnership will facilitate localization, promote industrial autonomy and enable effective transfer of know-how, in line with the goals of Qatar National Vision 2030. It also reaffirms Milaha’s commitment to strengthening its role as a regional maritime player operating according to international standards. With this agreement, Milaha confirms its contribution to national development and its reliability as a partner for the country’s long-term maritime ambitions.”
The signing of this agreement represents an important evolution in Milaha’s mission to redefine logistics and naval support capabilities in the region, while contributing to the economic diversification goals outlined in Qatar Vision 2030.
“For Fincantieri, this agreement strengthens its position as a reliable industrial partner, supporting Qatar’s ambition to develop a high-value and self-sustaining maritime sector,” the statement reads. “In collaboration with Milaha – Qatar’s leading maritime and logistics company – this partnership combines Fincantieri’s consolidated know-how and advanced technological capabilities in shipbuilding, digitalization and sustainability, with Milaha’s deep local knowledge and operational excellence. Together, the two companies are ideally positioned to contribute to the development of an integrated, competitive and forward-looking maritime ecosystem in the country.”
Source : Press release = Shipping Italy
