AD Ports & India’s Adani Ports to explore investment opportunities in Tanzania

AD Ports & India’s Adani Ports to explore investment opportunities in Tanzania

Abu Dhabi-based leading logistics, industry, and trade facilitator, AD Ports Group has signed a preliminary agreement with India’s Adani Ports in order to explore joint investment opportunities in Tanzania.

AD Ports said in a statement that the two companies will collaborate on potential end-to-end logistics infrastructure and solutions, which include services for rail, maritime, port operations, digital services, and an industrial zone.

According to the company, “The move is part of a flurry of agreements the Abu Dhabi company has signed to expand its international presence.”

Mohamed Juma Al Shamisi

MD & Group CEO

Abu Dhabi Ports “This MoU with Adani Ports and SEZ Ltd is significant in its impact on both Tanzania’s ability to transform itself into an African trading hub, as well as our ability to further develop our global capabilities and connections that will bring goods to market faster and more efficiently. Our strategic investment in Tanzania in infrastructure and solutions will enable international companies to enter African markets. In line with the direction of the UAE’s leadership, we are positioning Abu Dhabi as a global leader in logistics and industry.”

Mr. Karan Adani, CEO of Adani Ports and SEZ Ltd, said that, “We are pleased to be partnering with AD Ports Group