PT PAL Indonesia and EDGE group’s ADSB sign MoU at Indo Defense 2022
Author : Pankaj Singh | Published Date : 2022-11-05
PT PAL Indonesia, the state-owned shipbuilder in Indonesia recently signed a Memorandum of Understanding (MoU) with EDGE entity ADSB, a leader in the UAE for the design, repair, building, maintenance, refit, and conversion of military and commercial boats.
The MoU is reportedly signed in order to produce a variety of landing craft, interceptors, and rigid-hull inflatable boats (RHIBs) for Indonesia's coast guard and naval requirements. Besides, it will also improve cooperation and leverage the capabilities of both parties.
CEO of PT PAL Indonesia, Dr. Kaharuddin Djenod, and MRO's director at ADSB, Maktoom Al Shehhi, inked the agreement on the 2nd day of the Indo Defense Expo & Forum 2022, which is taking place at JIExpo Kemayoran, Jakarta, Indonesia, and will continue till 5 November.
David Massey, ADSB's CEO, spoke at the event and said that this partnership with PT PAL will boost both the success of investment in Indonesia and the international export of the company’s world-class vessels. The cornerstone of EDGE and ADSB’s long-term strategies is the creation of strong strategic alliances, which also support the United Arab Emirate's sustained economic growth.
Dr. Kaharuddin Djenod, stated that the firm is pleased to ink this MoU with ADSB (Abu Dhabi Ship Building), which will assist the company's goal of bolstering the Indonesian navy and defense industry. The role of PT PAL in Indonesian naval technology development will also be strengthened by this relationship.
According to reports, ADSB operates 3 primary naval programs, offshore patrol vessels, corvettes, and rapid interceptor vessels. It runs one of the biggest and most technologically sophisticated shipyards in the Middle East. A whole range of services are also offered by the organization, including maintenance, design and engineering consulting, conversion, upgrade, and repair and refit.
For the unversed, ADSB is a component of the Platforms & Systems cluster at EDGE, a high-tech organization that is ranked among the top 25 global military suppliers.
About Author
Pankaj Singh . .
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- pankaj.s@fractovia.org | https://twitter.com/PankajSingh2605
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