VSD and Zamil Group sign Memorandum of UnderstandingTraining // July 8, 2011
VSD LLC (VSD) signed a Memorandum of Understanding (MOU) on June 29 with Zamil Group (Zamil) of Riyadh, Saudi Arabia to facilitate an international business relationship focused on establishing a National Maritime Training Centre in the Kingdom of Saudi Arabia.
The MOU was signed by Dr Abdulrahman Al Zamil, chairman of Zamil Group and Fred Stewart, director of international business development for VSD, LLC.
The two organizations have agreed to work co-operatively on a strategy to build and operate a National Maritime Training Center. Goals of this venture include offering the Royal Saudi Naval Forces additional training alternatives, expansion of Saudi Arabia’s national merchant commerce initiatives, supporting the Kingdom with additional capacity to repair and overhaul capital warships and merchant vessels, and most important, new job creation.
VSD will provide programme management and consulting services in support of Zamil’s business initiatives.
“We are honoured and thrilled to be working with Zamil on such a venture,” said VSD Managing Director Chuck Wythe. “With the Saudi Naval Expansion Project (SNEP II) imminent and the envisioned expansion of the commercial maritime industry in the Kingdom, VSD is proud to bring our expertise to the team and help to facilitate job creation in the Kingdom of Saudi Arabia."