AD Ports Group has announced the signing of several collaboration agreements with Shandong Port Group (SPG), a Chinese conglomerate that provides port operations.
The arrangement utilises the ‘Sister Ports’ agreement between Shandong Port and Khalifa Port, which was announced in December 2021, to build a collaboration and deepen cooperation between the two.
SPG will carry passenger automobiles from its Chinese ports to Autoterminal Khalifa Port, where they will be kept and displayed at KEZAD facilities.
The agreements, which include all elements of operation, exhibition, and services, were signed during a ceremony held at Autoterminal Khalifa Port, which has already received the first batch of automobiles.
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The new collaboration aims to boost Abu Dhabi’s standing as a preferred location for the Chinese automotive industry.
Abdullah Al Hameli, CEO of Economic Cities & Free Zones, AD Ports Group said: “Our agreement leverages the value various clusters of AD Ports Group brings to businesses.
“We will continue to work with like-minded conglomerates like SPG to achieve this aim. Both Groups are active players in implementing China’s Belt and Road Initiative, further promoting trade cooperation and accelerating growth.”
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Saif Al Mazrouei, CEO of Ports Cluster, AD Ports Group stated: “We are pleased to be entering into this collaborative partnership with Shandong Ports Group, an agreement that signifies the convergence of shared vision and mutual growth.
“The impressive infrastructure and the unrivaled operational efficiency of Khalifa Port and KEZAD is a testament to the exceptional vision and strategic foresight of the UAE Leadership.
“As we embark on this journey together, we are poised to redefine logistics and port operations, setting new benchmarks for the industry at large, whilst driving prosperity and further strengthening our position globally.”
