The Joint Venture will act as an asset-light freight forwarder in its initial phase
AD Ports Group has announced the signing of a Shareholder Agreement with AVESTO Group, one of Tajikistan’s largest private industrial conglomerates, to establish a new joint venture company that will deliver integrated logistics and freight forwarding services across the country.
Under the Shareholder Agreement, the Joint Venture will act as an asset-light freight forwarder in its initial phase, with exclusive rights to consolidate and manage all freight and logistics activities of AVESTO Group’s subsidiaries and provide services to third party clients in the market.
The Joint Venture will be established with AD Ports Group holding a 51% majority stake and AVESTO Group holding the remaining 49%. The partnership is structured in phases to support long-term growth and operational expansion.
Prime logistics solutions
“Through our collaboration with AVESTO Group, we aim to deliver world-class logistics solutions that strengthen the Middle Corridor and reinforce our position as a global trade enabler,” stated Abdulaziz Zayed Al-Shamsi, Regional CEO, AD Ports Group.
“Partnering with a global leader like AD Ports Group allows us to transform Tajikistan’s logistics landscape. Together, we are not just moving freight, we are building a modern strategic gateway that connects Central Asia to global markets and unlocks new economic potential for the entire region,” commented Muhamad Mirzo, General Director, AVESTO Group.
This partnership enhances the Group’s presence in Central Asia, providing access to critical land-based trade networks that connect Tajikistan to regional markets before traversing the Caspian Sea and continuing through Azerbaijan and Georgia toward Europe.
