Abu Dhabi Ports announces US$1.1bn expansion at Khalifa Port
Abu Dhabi Ports has announced that Khalifa Ports is to undergo a further AED4bn (US$1.1.bn) expansion, as competition for transhipment volumes in the Middle East heats up.
The development includes the investment of AED2.2bn (US$600m) in the development of South Quay and Khalifa Port Logistics, as well as the AED1.6bn (US$440m) expansion at Abu Dhabi Terminals (ADT).
The South Quay development, which will be completed by Q1 2021, is composed of a 3 km quay-wall with 18.5 m along-side draught for general cargo, roll-on roll-off (ro-ro) and bulk usage. It will also include eight berths, and 1.3m sq m of terminal yard.
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