Middle East

ADPC keen to invest overseas

 

Abu Dhabi: Abu Dhabi Ports Company (ADPC) has plans to take a leaf out of neighbour DP World and build up a global network of ports. 

Captain Mohammed Al Shamsi, chairman of Abu Dhabi Terminals, said: "ADPC is proceeding with local development plans, in terms of trade and tourism, but that does not prevent us from accessing global tenders to manage and develop overseas ports, in case there are appropriate opportunities that match the company's strategy.”

Seperately ADPC has signed a deal with logistics firm Agility to reduce Agility’s road freight tariffs, with ADPC’s ports, for a period of one year.

The terms of the agreement will see Agility provide road freight for container and other cargo for pick-up to and from Khalifa Port, and from any location in the city of Abu Dhabi, including Musaffah. 

The new rate of AED800 per truck, for road freight, represents a 33.3% reduction on previous tariffs.  [21/03/13]

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