International Finance
Ports and Shipping

Abu Dhabi Ports to invest Dh3.8 billion for port expansion projects

Abu Dhabi Ports expansion
The UAE ports company will invest Dh2.2 bn for Khalifa Port and South Quay development, and Dh1.6 bn for Abu Dhabi Terminals expansion

Abu Dhabi Ports will invest Dh3.8 billion for further expansion of Khalifa Port, South Quay and Abu Dhabi Terminals, according to media reports. Khalifa Port’s expansion will increase the terminal capacity in order to meet evolving customer needs.

Abu Dhabi Ports will invest Dh2.2 billion in Khalifa Port’s logistics area and South Quay development. Additionally, it will invest Dh1.6 billion in Abu Dhabi Terminals expansion.

The expansion will increase the capacity of Abu Dhabi Ports. The Abu Dhabi Terminal’s capacity will increase to equal to five million units measuring 20 feet from 2.5 million by 2025. Khalifa Port’s development and expansion will create more than 2,800 jobs. Also, it is expected to contribute Dh3.2 billion to Abu Dhabi’s GDP by 2025, the local media reported.

Khalifa Port is one of the most fast developing ports in the world. It is strategically located between Abu Dhabi and Dubai.

Ahmed Al Mutawa, CEO of Abu Dhabi Terminals, told the media that, “The latest investment of Dhs1.6 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.”

In June 2019, Khalifa Port became the first GCC port to receive calls from capesize vessels at its quay, the local media reported. But the port’s facility will still have to be expanded to accommodate capesize vessels regularly. For that reason, the facility’s approaches were deepened from 16.5 to 18.5 m and widened from 250 to 280 m.

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