UAE Business: UAE President opens $1.089bn Khalifa Port expansion – Gulf Digital News

UAE Business: UAE President opens $1.089bn Khalifa Port expansion – Gulf Digital News

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has inaugurated Khalifa Port’s expansion - a major development project with a total investment of AED4 billion ($1.089 billion) in Abu Dhabi.

His Highness was briefed by 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 10 years ago, and reviewed future plans for the leading port in the region.

The President 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 Sheikh Khaled bin Mohamed bin Zayed, member of the Executive Council and Chairman of Abu Dhabi Executive Office, Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan, Advisor of Special Affairs at the Presidential Court, Dr Sultan bin Ahmed