Middle East Business: AD Ports, SEG to set up logistics and food trading hub in Uzbekistan – Gulf Digital News

Middle East Business: AD Ports, SEG to set up logistics and food trading hub in Uzbekistan – Gulf Digital News

AD Ports Group, the leading facilitator of global trade, logistics, and industry, has launched a joint venture with SEG, one of the largest oil and gas companies in Uzbekistan, to open new logistics and freight businesses.

The two companies also signed a Memorandum of Understanding (MoU) to develop a food trading hub in Uzbekistan, according to statmentt issued by AD Ports Group.

At a signing ceremony in Tashkent, the two companies signed the key agreements to support the collaboration, which aims to develop logistics infrastructure and services that will enable Uzbek and SEG’s refined products to reach global markets at competitive costs.

The ceremony attendees from the UAE included Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (ADDED); Dr Saeed Matar Al Qemzi, UAE Ambassador to the Republic of Uzbekistan; Captain Mohammed Juma Al Shamisi, Managing Director and Group CEO AD Ports Group; Saeed Al-Bahri Salem Al-Ameri, Director General of Abu Dhabi Department of Agriculture and Food Safety; and Hamad Al Hammadi, Executive Director, Energy and Utilities at ADQ.

Attendees from Uzbekistan included Ilkhom Makhkamov, Minister of Transport of Uzbekistan; Aziz Voitov, First Deputy Minister of Investments