AD Ports Group, the region’s premier logistics, industry and trade facilitator, has signed an agreement with China-based Shandong Port Group to establish a Tire Hub in KIZAD for tire storage and distribution .
Agreement between AD Ports Group and Shandong Port Group comes as UAE’s efforts intensify on the country’s 50th anniversary to foster economic diversification, attract foreign direct investment and consolidate Abu’s position Dhabi as a leading trade, logistics and manufacturing base, in line with the country’s industrialization strategy.
The Tire Hub leverages the strength of AD Ports Group as a key catalyst for commerce and logistics by offering Shandong Port Group integrated services from its clusters. AD Ports Group will provide space for an upcoming 150,000 square meter facility to KIZAD as part of its industrial towns and free zone
Group.
This will include warehouse management, logistics, distribution and re-export services offered by MICCO as part of the logistics cluster of the AD Ports group, and SAFEEN Feeders, as part of the maritime cluster.
Captain Mohamed Juma Al Shamisi, Group Managing Director and CEO, AD Ports Group, said: Group for its various clusters.
“The intensification of economic partnership through ports and free economic zones is a strategic issue
imperative in our nation’s efforts towards economic diversification. We welcome cooperation with SPG as it strengthens UAE’s crucial role as a key partner in China’s BRI and our long-standing commitment to create opportunities for businesses to thrive.
Li Fengli, Managing Director of Shandong Port Group, said, “We are delighted with the agreement and are confident that our synergy with AD Ports Group will create opportunities for the port and logistics industry.
The outlook remains positive as consumer demand triggers major transformations in the global supply chain.
“The establishment of SPG in August 2019 ushered in a new era in the reform and development of coastal port integration in Shandong Province. Since its inception, we have focused on accelerating the construction of a world-class port economy. “
AD Ports Group and SPG signed two agreements in the presence of Al Shamisi and Fengli.
The agreement for the establishment of the tire storage and distribution center was signed by Abdullah Al Hameli, head of the Industrial Cities & Free Zone cluster, and Zhang Quancheng, president of
Shandong Port Overseas Development Group.
Abdullah al Hameli, Head of Industrial Cities & Free Zone Cluster, AD Ports Group, said: “KIZAD serves as a catalyst for businesses and aims to increase the competitiveness of Abu Dhabi economic zones in the region. We are keen to continue playing a significant role in adding to Abu Dhabi’s economic diversification by attracting global concepts such as the region’s first Tire Hub to Abu Dhabi.
Captain Ammar Al Shaiba, CEO of Ports Operating Company and Managing Director of Zayed Port and Jia Funing, Deputy Managing Director of Shandong Port Group also signed a “Sister Ports” agreement to forge a friendship ports partnership and strengthen the business cooperation. The signing coincided with the acquisition and arrival of the first vessel acquired under the agreement.
Saif Al Mazrouei, Head of Ports, AD Ports Group, said: “As the leading operator of industrial and economic zones in the region, AD Ports Group offers a multitude of strategic opportunities to large Chinese companies seeking to expand their presence. in the Middle-East. . We welcome the signing of an agreement with Shandong Port Group, which will enhance information and technology exchange for advancement in the fields of port and maritime industry.
“We remain committed to developing vital business infrastructure, boosting industrial investment flows to the United Arab Emirates, and helping accelerate Abu Dhabi’s economic growth and industrialization.”
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