His Highness Sheikh Mohamed bin Zayed Al Nahyan, president of the UAE, inaugurated Khalifa Port’s expansion - a major development project with a total investment of AED 4 billion.
His Highness was briefed by His Excellency Falah Mohammed Al Ahbabi, Chairman of AD Ports Group, and Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, on the key milestones of Khalifa Port expansion projects since its opening ten years ago, and reviewed future plans for the leading port in the region. His Highness also toured the new, expanded facilities and logistics available to serve import and export operations.
His Highness said: “Khalifa Port Expansion is a major national project that is considered an important addition to the UAE's ports and logistic services and will further enhance the UAE's position in the global trade”, adding “Khalifa Port, along other national ports, are important cornerstones to the development and diversification of the national economy”.
The inauguration ceremony was attended by His Highness Sheikh Khaled bin Mohamed bin Zayed, member of the Executive Council and Chairman of Abu Dhabi Executive Office, His Excellency Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan, Advisor of Special Affairs at the Presidential Court, His Excellency Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, His Excellency Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, and a number of senior officials.
The official inauguration of the expansion programme by the UAE President marks another major milestone in a year that has seen AD Ports Group list on the Abu Dhabi Securities Market (ADX), open new trade corridors, complete a series of major acquisitions, rapidly transform its business and portfolio of services, and build strong relations with existing and emerging trade partners for the UAE.
As part of the expansion, which includes the development of the port’s South Quay, Khalifa Port Logistics, and Abu Dhabi Terminals at a total investment of AED 4 billion, Khalifa Port has grown from 2.43 km2 to 8.63 km2, while its quay wall has been significantly extended from 2.3 kilometres to 12.5 kilometres. It now provides 21 berths and offers a range of bespoke services for key strategic industries, positioning it among the global elite of deep-water ports, with an estimated value of AED 20.4 billion.
For more information:
AD Ports Group
Al Mina Street - Port Zayed
Abu Dhabi, UAE
Tel.: +971 800 10 20 30