Abu Dhabi, UAE — AD Ports Group has signed a Foundation Agreement with SEMURG INVEST (Semurg), the owner and developer of the Sarzha Multifunctional Marine Terminal at Kuryk Port, Kazakhstan.
Under the terms of this agreement, AD Ports Group owns a 51 percent stake and Semurg owns a 49 percent stake in the partnership Sarzha Grain Terminal.
The partnership has commenced constructing a greenfield grain terminal at Kuryk Port. Following the completion of phase one, this grain terminal will have the capacity to handle 570,000 tons of grain cargo per year. With the construction of phase two, the terminal’s capacity is set to expand further, reaching 1.5 million tons per year.
Sarzha Grain Terminal will see a total investment of just over US$50 million over the two phases, with AD Ports Group contributing around US$30 million.
With phase 1 scheduled for completion in the second half of 2026, Sarzha Grain Terminal is set to enhance global food trade, connecting Kazakhstan via the Transcaspian International Transport Route with Europe through a network of sea and dry ports in Central Asia.
This partnership initially announced in August 2023, follows AD Ports Group and its subsidiaries’ recent ventures in the Central Asian region, driven by their strategic priority to enhance the transportation of resources to global markets, while connecting diverse regions and fostering economic growth.