Print
PDF
Abu Dhabi’s AD Ports Group has signed two notable strategic agreements in recent weeks that will enhance the group’s presence in Tanzania, as well as other markets. One is with India’s Adani Ports and SEZ (APSEZ), covering a series of joint investments in logistics infrastructure and services, including rail and maritime developments and the establishment of maritime academies, in Tanzania. The two companies say their aim is to help make Tanzania a regional hub for East Africa.
Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “Our strategic investment in Tanzania in infrastructure and solutions will enable international companies to enter African markets.”
AD Ports Group has signed another MOU with global terminal operator, Hutchison Ports. Together they will identify joint investment and business opportunities related to feedering, logistics, and port activities across the GCC, Africa and Asia.
Additionally, the two organisations will form a partnership to operate within Tanzania, where they will work closely together to explore opportunities to further enhance the capabilities and market competitiveness of port operations across the East African country, including Dar Es Salaam port. Potential areas of focus include improving services to several of Tanzania’s landlocked remote areas and neighbouring countries, cultivating more cargo sources, and the enhancement of existing supporting logistics and cargo processing facilities.
Eric Ip, Group Managing Director of Hutchison Ports, said: “Together, we look forward to working closely with the Tanzania Port Authority to further develop Tanzania International Container Terminal Services as we strive to ensure Dar Es Salaam Port remains the premier gateway to the East African region.”
