Fincantieri-Milaha’s Strategic Partnership for Maritime Sector: DOHA, QATAR – Qatar Navigation Q.P.S.C. (Milaha), a leading provider of maritime and logistics solutions in the region, has signed a pivotal Memorandum of Understanding (MoU) with Fincantieri, one of the world’s largest shipbuilding groups. This strategic agreement sets a framework for potential collaboration in crucial areas including maritime services, project management, and technological integration, aiming to significantly enhance Qatar’s national development objectives, particularly in strengthening its maritime sector’s sovereign capacities.
The signing ceremony in Doha saw key representatives from both organizations. Fincantieri was represented by Pierroberto Folgiero, Chief Executive Officer and General Manager, and Dario Deste, General Manager of the Military Ships Division. Representing Milaha were its President, H.E. Sheikh Jassim bin Hamad bin Jassim bin Jaber Al-Thani, and Group CEO, Fahad Saad Al-Qahtani.
Both parties underscored their shared eagerness to explore further opportunities that align with Qatar’s national development goals, emphasizing the critical need to bolster the country’s independent maritime capabilities.
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Pierroberto Folgiero, CEO and General Manager of Fincantieri, commented on the significance of the agreement, stating, “This agreement represents a further step in consolidating the presence of Fincantieri in a region of strategic importance for the development of advanced shipbuilding and marine services. Qatar is a key partner with whom we have built a 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 maritime sovereignty of the country and contribute to the objectives outlined by Qatar National Vision 2030.”
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Fincantieri-Milaha MoU Signing Ceremony.
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Fahad Saad Al-Qahtani, Group CEO of Milaha, echoed this sentiment, highlighting the alignment with national priorities. “The signing of this MoU represents an important step for Milaha in pursuing our strategic objectives as a Qatar company aligned with national priorities. Collaborating with a global leader like Fincantieri enables access to advanced international skills and at the same time promotes the development of sustainable skills within Qatar,” Al-Qahtani said. He added that the partnership will “facilitate localization, promote industrial autonomy and enable an effective transfer of know-how, in line with the objectives of Qatar National Vision 2030. It also reaffirms Milaha’s commitment to strengthening its role as a regional maritime actor operating according to international standards.”
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This MoU marks a significant evolution in Milaha’s ongoing mission to redefine logistics and naval support capabilities across the region, directly contributing to the economic diversification objectives outlined in Qatar Vision 2030.
For Fincantieri, the agreement solidifies its position as a reliable industrial partner supporting Qatar’s ambition to cultivate a high-value, self-sufficient maritime sector. The collaboration with Milaha, Qatar’s leading company in the marine sector and logistics, combines Fincantieri’s established expertise and advanced technological capabilities in shipbuilding, digitization, and sustainability with Milaha’s deep understanding of the local context and operational excellence. This synergy ideally positions both companies to contribute to the development of an integrated, competitive, and future-ready maritime ecosystem within Qatar.
