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Abu Dhabi Ports has announced expansion plans worth AED 4 billion at its flagship Khalifa Port, seven years after it first opened.
Aimed at boosting handling capacity, the two new projects will create more than 2,800 direct and indirect jobs and contribute more than AED 3.2 billion to Abu Dhabi’s gross domestic product by 2025.
An investment worth AED 2.2 billion will be made to develop South Quay and Khalifa Port Logistics whilst AED 1.6 billion will be allocated for the expansion at Abu Dhabi Terminals.
The South Quay development comprises a 3 km quay-wall with 18.5 metres alongside draft for general cargo, ro-ro and bulk usage. It will also include eight berths and 1.3 million sq m of the terminal yard. The Khalifa Logistics expansion will encompass a 3.1 km quay wall with an 8-metre draft, 15 berths and land plots.
Phase 1 of the South Quay expansion will be completed by Q4 2020, whilst phase 2 and the Khalifa Logistics expansion will be completed in Q1 2021.
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… Khalifa Port is developing sustainably and has become one of the fastest-growing ports in the world.”
Speaking about the handling capacity, Jakob Larsen, Chief Commercial Officer of Abu Dhabi Terminals, said: “Annually our handling capacity is 2.5 million twenty-foot equivalent units (TEU). We will grow our capacity to five million TEU by the end of 2020, which is happening through an investment of AED 1.6 billion that has already been put in place.”
Cavendish Maxwell is the MENA region’s leading firm of property consultants and chartered surveyors. If you are looking for professional real estate consultation or advice on property related matters, please view our services.
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ACCEPTxSiddhi Sainani
Content and Communications Manager
Siddhi Sainani is a business and finance writer and a public relations professional with experience across markets in the UAE, Oman, India and the United States.
At Cavendish Maxwell, Siddhi is responsible for crafting research and marketing communications material for the firm’s various stakeholders including clients and government entities. She also leads the public relations activities for the firm, focusing on media outreach, reputation management and spokesperson profiling.
In her previous roles, Siddhi has reported on the financial markets for news outlets, developed institutional research for several institutions, and undertaken corporate communications initiatives for leading firms across sectors such as real estate, finance, banking, audit and advisory, and technology, among others.
Siddhi has a Bachelor of Mass Media degree with a specialisation in journalism and also holds a Post-Graduate Diploma in Integrated Communications covering advertising, marketing and public relations from Xavier Institute of Communications, Mumbai, India.
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Sarah-Jane Carter
BA (Hons) DipM
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Sarah-Jane joined Cavendish Maxwell in January 2020 as Head of Marketing and is responsible for the development of the marketing strategy and execution across the Middle East region. An energetic and results driven marketer, Sarah-Jane possesses a wealth of multi-channel marketing experience, within both B2B and B2C environments which she has gained over a 25 year career. Prior to joining Cavendish Maxwell, Sarah-Jane held senior marketing positions for major developers in Dubai including Emaar, Dubai Properties and Dubai Sports City. She also worked for IWG as the Regional Marketing Director responsible for the MEA and APAC regions. Before relocating to the UAE in 2005, Sarah-Jane held various management roles in public and private sector companies in the UK including ten years at Royal Mail and seven years at the Bank of America.
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