The agreement, to be detailed in the near future with the signing of a Memorandum of Understanding (MoU), falls within Fincantieri development strategy in the Middle East, promoting the development of local activities both in the shipbuilding segment and in the services and after sales activities to be carried out in the Region. Fincantieri and ADSB will establish a working group to define and prepare common proposals, maximizing the local content where possible, for the future programs involving the UAEs Navy, as well as the Critical Infrastructure and Coastal Protection Authority (CICPA), which provide for the construction of new vessels, as well as refitting and maintenance activities of the future fleet of the UAEs Navy.
In the last decade, Fincanxcellent relationship with the United Arab Emirates Navy. In fact, it is present on the local market since 2008 and has delivered three vessels built in the Groups Italian yards in 2013, one Abu Dhabi class corvette of 90 meters in length and two Falaj 2 class patrol vessels, all operating within the UAE Navys fleet with full customer satisfaction. Moreover, Fincantieri established the local joint venture Etihad Ship Building to support the maintenance and the full operational capability of the units delivered to