Deal inked with Anchorage Investment
Abu Dhabi Ports has inked a 50-year land lease agreement with Anchorage Investment, for the development of grain storage and processing plants at Khalifa Port, to be managed by National Feed, one of the largest Agro commodity processors in Abu Dhabi.
Set to be developed on a 100,000-sqm plot, and with an initial design capacity of 300,000mt, the facility will introduce grain storage and processing capabilities to the multi-purpose port for the production of key food and animal feed ingredients.
Providing Abu Dhabi Ports’ customers with direct access to competitive food ingredients, the facility will utilise grain resources to convert wheat into flour for baked goods, corn into starch and glucose, barley, corn, and wheat by-products into animal feed.
“Furthering the capabilities of our multi-purpose port and bolstering our ongoing activities within the region’s food supply chain, the operation will introduce several key advantages for the benefit of new and existing manufacturing customers,” commented Saif Al Mazrouei, Head of Ports Cluster, Abu Dhabi Ports.
Following the official handover of the land plot in the first quarter of 2021, the new project will house several grain silos capable of storing grain for an extended period, providing Abu Dhabi and the wider UAE with a long-term storage solution contributing to national food security.
“A robust logistical offering can play a fundamental role in the accessibility and cost structure of food commodity supply chains. With its deep-water capabilities, a strategic geographical location, and access to an extensive road and future rail network, Khalifa Port will unlock new opportunities for National Feed,” remarked Edward Hamod, General Manager, National Feed.
