AD Ports marks milestone in construction of new terminal at Khalifa Port
AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port in Abu Dhabi.
Announced in September 2021, the development of the new terminal is on track with budgeted capital expenditure of AED3.3bn.
The terminal is expected to be operational in H1 2025 and will be managed by a joint venture owned by CMA Terminals (70% ownership), a subsidiary of global shipping and logistics giant CMA CGM, and AD Ports Group (30% ownership).
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