VSD Signs MOU with Zamil

Monday, July 11, 2011

VSD, LLC (VSD) has signed a Memorandum of Understanding (MOU) with The Zamil Group (Zamil) of Riyadh, Saudi Arabia to facilitate an international business relationship focused on establishing a National Maritime Training Center in the Kingdom of Saudi Arabia. The MOU was signed by Dr. Abdulrahman Al Zamil, chairman of The Zamil Group and Mr. Fred Stewart, director of international business development for VSD, LLC.

The two organizations have agreed to work cooperatively on a strategy to create new career fields and professional development in the maritime industry through the development of a joint venture aimed at building and implementing 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 program management and consulting services in support of Zamil’s business initiatives. “We are honored 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. We couldn’t be more pleased to be working with such an important and visionary partner as Zamil Group.”

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