AD Ports Group has signed an agreement with China-based Shandong Port Group, to establish a Tyre Hub at KIZAD for the storage and distribution of tires.
AD Ports Group will provide space for an upcoming 150,000 sqm facility in KIZAD under its Industrial Cities and Free Zone Cluster.
This will include warehouse management, logistics, distribution, and re-export services offered by MICCO under the AD Ports Group’s Logistics Cluster, and SAFEEN Feeders, under the Maritime Cluster.
Mohamed Juma Al Shamisi, Group CEO, AD Ports Group, said, “The agreement with Shandong Port Group is a momentous step that highlights the unique logistics offering of Abu Dhabi and the significance of the synergies created by the AD Ports Group for its various clusters.”
“Under the vision of the leadership, the UAE is emerging as a principal facilitator of global trade and a fast-developing industrial destination that complements China’s Belt and Road Initiative (BRI). We are pleased to see a greater level of Chinese industrial interest and investment in Abu Dhabi,” he said.
Li Fengli, General Manager of Shandong Port Group, said, “The outlook remains positive as consumer demand triggers major transformations across the global supply chain.”
“The establishment of SPG in August 2019 ushered in a new era in the reform and development of Shandong province’s coastal port integration. Since its inception, we have focused on accelerating the construction of a world-class ports economy.
He said the SPG actively implements the Belt and Road Initiative (BRI) and promotes trade cooperation to boost economic growth.
“We look forward to working together with AD Ports Group, utilizing Shandong Port’s comprehensive logistics advantages and KIZAD’s advanced infrastructure, industry-leading service capabilities and unparalleled experience to promote the trade and shipping links,” he said.
