The team presents progress achieved in Tbilisi Dry Port Project
A senior delegation from AD Ports Group headed by HE Ahmed Bin Ali Al Sayegh, Minister of State, were recently welcomed by the Levan Davitashvili, First Vice Prime Minister, Minister of Economy and Sustainable Development of Georgia in Tbilisi, to present progress achieved in the development of Tbilisi Dry Port, a new custom-bonded and rail-connected intermodal logistics hub in Georgia.
The state-of-the-art, rail-linked and custom bonded intermodal logistics hub – on track for operations in January 2025, links manufacturing centres in Western Asia to consumer markets in Eastern Europe, via the Middle Trade Corridor by leveraging a network of sea and dry ports across Kazakhstan, Azerbaijan, Armenia, Georgia and Türkiye.
AD Ports Group has recently announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake. The new logistics hub will be operated by AD Ports Group’s Logistics Cluster.
“Both nations have a mutual commitment towards strengthening bilateral trade, in addition to empowering SMEs, and enhancing global supply chains, in line with the vision and guidance of our wise leadership,” HE asserted.
“Our investment in Tbilisi Dry Port further complements AD Ports Group’s presence in the Middle Trade Corridor, regarded as the shortest trade route between Asia – Europe, and expected to experience considerable growth in container volumes, with the potential to reach 1.9mn Twenty Foot Equivalent Units (TEUs) by 2040,” explained Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group.