Business

Abu Dhabi Ports announces AED4 billion expansion projects at Khalifa Port

Abu Dhabi Ports announces AED4 billion expansion projects at Khalifa Port

After seven record years of operational growth, the Abu Dhabi Ports flagship Khalifa Port is set for further expansion, said company executives.

Khalifa Port, strategically situated halfway between Abu Dhabi and Dubai, was officially inaugurated on 12th December 2012, by President His Highness Sheikh Khalifa bin Zayed Al Nahyan.

Of particular note is the investment of AED2.2 billion in the development of South Quay and Khalifa Port Logistics, as well as the AED1.6 billion expansion at Abu Dhabi Terminals, ADT.

The South Quay development, which will be completed by Q1 of 2021 comprises a 3km quay-wall with 18.5 metres along-side draft for general cargo, ro-ro and bulk usage. It will also include eight berths and 1.3 million square metres of the terminal yard.

The Khalifa Logistics expansion, for multi-purpose usage, will encompass a 3.1km quay wall with an 8-metre draft, 15 berths and land plots, which can be tailored to individual customers.

Phase 1 of the South Quay expansion will be completed by Q4 of 2020, while Phase 2 and the Khalifa Logistics expansion will be completed by Q1 of 2021. These two expansion projects will create more than 2,800 direct and indirect jobs and contribute more than AED3.2 billion to the emirate’s GDP by 2025.

The expansion at ADT will include an extension of the quay from 1,400 to 2,265 metres and an addition of 10 new ship-to-shore quay cranes effectively doubling ADT’s handling capacity from 2.5 million to 5 million TEUs.

With this capacity expansion project in place, Khalifa Port will see its container handling capacity jump from the current 5 million to 7.5 million TEUs, which sets it firmly on the path towards its 9 million TEU milestone over the next five years.

Capt. Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, said, "As global trade volumes increase over time, the world’s leading port operators must think decades ahead in their planning and execution. Through strategic collaboration with partners and top industry players, such as ADT, MSC, China’s CSP, and Autoterminal Barcelona, Khalifa Port is developing sustainably and has become one of the fastest-growing ports in the world.

Ahmed Al Mutawa, CEO, ADT, said, "The latest investment of AED1.6 billion, which doubles our handling capacity to 5 million TEUs by 2020, will see ADT take its place among the top 40 largest container terminals in the world, and positions us well for future growth."

Naser AlBusaeedi, Deputy CEO, CSP Abu Dhabi Terminal, said, "COSCO continues to view Abu Dhabi as a logistics and trade hub of tremendous strategic global importance. We look forward to the complete optimisation of the CSP terminal, raising cargo volumes to new highs and bolstering trade between markets far and wide."

Mohamed Eidha Tannaf Al Menhali, Acting Director, Khalifa Port, said, "The South Quay and Khalifa Logistics expansion delivers enormous competitive advantages for Khalifa Port and KIZAD, as industrial producers and cargo owners shipping to global markets value deep-water access and the ability to base operations on prime land in investor-friendly Abu Dhabi."

Featuring state-of-the-art maritime infrastructure, including 23 (current) of the world’s largest ship-to-shore quay cranes, Khalifa Port will be the first in the UAE to be linked to the new Etihad Rail network, which is currently under construction.