JFC Marine, a leading provider of innovative marine solutions, and SI Global Solutions (Pvt) Ltd, a renowned expert in aids to navigation and aquaculture development, have signed an exclusive distribution agreement (EDA) to collaborate on the promotion and deployment of polyethene navigation buoys, aids to navigation and aquaculture products in Pakistan.
This strategic partnership between two partners aims to introduce JFC Marine’s cutting-edge polyethylene navigation buoys, aids to navigation to the maritime sector of Pakistani market.
The company will develop and promote sustainable aquaculture practices in Pakistan to enhance the country’s aquatic resources and food security.
It planned to bring FDI to Pakistan through the private sector via joint venture, paying way towards fostering knowledge sharing, capacity building, and technology transfer, as well as generating employment in Pakistan’s maritime sector.
The Exclusive Distribution Agreement signing ceremony was held at the Factory of JFC Marine at Galway, Ireland, and it was attended by Dr Noman Said, CEO of SIGBL and key executives of JFC Marine. “This partnership marks a significant milestone in our efforts to promote safe navigation in Pakistani Ports and introduce sustainable aquaculture practices in Pakistan,” said Mr Colin, on behalf of the CEO of JFC Marine. “We look forward to working together to drive innovation and growth in the industry.”
“SI Global Solutions (Pvt) Ltd is also committed to delivering innovative solutions for Pakistan’s maritime and aquaculture industries. Our partnership with JFC Marine will enable us to introduce world-class products, services and expertise to the local market,” added Mr Noman Said, CEO of SI Global Solutions.
This collaboration is poised to make a significant impact on Pakistan’s maritime sector, especially the use of Polyethylene Navigation Buoys, intelligent and state-of-the-art aids to navigation, and the introduction of the aquaculture industry. These will contribute to the country’s food security, economic growth, employment generation, and environmental sustainability.