Abu Dhabi Ports continues global expansion in Asia, Africa, and Middle East in 2024

Abu Dhabi Ports continues global expansion in Asia, Africa, and Middle East in 2024

Saif Al Mazrouei, CEO of the Ports sector at Abu Dhabi Ports Group, has reiterated the Group's unwavering commitment to expansion and acquisition in Asia, Africa, and the Middle East throughout 2024.

In a statement to the Emirates News Agency (WAM), Al Mazrouei shared details about several imminent investment projects set to be unveiled this year. He emphasised that the global expansion of the Group is intricately linked to the progressive development of the Ports sector, including ongoing infrastructure enhancements at Khalifa Port, poised to reach a remarkable capacity of 11 million TEUs by year-end. Notably, the Ports sector currently manages a vast network of over 30 ports worldwide.

Al Mazrouei elaborated on the Group's ambitious global expansion goals, highlighting continued international acquisitions through companies like Nawah Port Services, a key contributor to their international business growth.

He cited the recent 50-year concession agreement with Karachi Port Trust for container terminal development and a 30-year agreement for Safaga port operations in Egypt as prime examples. He further indicated significant investments in Jordan, underlining the robust economic and investment ties between the UAE and Egypt.

Highlighting the strategic location and skilled workforce in Egypt, Al Mazrouei pointed out further planned investments in the transportation sector,