AD Ports Group has completed the acquisition of a 60% stake in Georgia’s Tbilisi Dry Port, which is scheduled to be operational in October.
This move is expected to strengthen the Group’s role in connecting Asia and Europe, via the Middle Trade Corridor, linking manufacturing centres in Western Asia to the consumer markets of Eastern Europe, by leveraging a network of sea and dry ports across Kazakhstan, Azerbaijan, Armenia, Georgia and Türkiye.
Abdulaziz Zayed AlShamsi, Regional CEO of AD Ports Group, commented, “The agreement highlights AD Ports Group’s unwavering commitment towards strengthening global supply chains, and we recognise the growing influence of the Middle Corridor on global trade. We are fully focused on successfully operating this important logistics hub, which enhances connectivity between Western Asia and Eastern Europe, and positions AD Ports Group at the forefront of global trade. This is the latest in a number of strategic international investments by AD Ports Group, in line with our wise leadership’s vision, to advance economic growth, job creation and mutual benefit.”
The new hub is strategically positioned between the Caspian Sea and Black Sea, at the heart of the Middle Corridor, and integrates multiple facilities including a container freight station, warehouses and a car storage park. Serving as an important point of entry, exit, and regional transit, it accommodates manufactures, shippers and consignees moving containers, vehicles and various goods for distribution and storage. The project has direct westward railway links to Türkiye and Georgian ports of Poti and Batumi, further connecting European Black Sea ports in Bulgaria and Romania.
The project will be completed in three phases. By the end of the initial phase, the handling capacity is expected to reach 96,500 TEUs, with 10,000 m² of warehouse and a car storage yard. Upon the completion of final phase, the project will have a handling capacity of 286,000 TEUs, 100,000 m² of warehouse and a significantly expanded car storage yard.
AD Ports has noted that further land plots have already been secured and can be developed as and when needed.
