AD Ports tapped for grain storage + processing plant: AD Ports Group has inked a 50-year land lease agreement with Emirates Food Industries Group — a member of National Holding Group — to develop an AED 2 bn grain storage and processing complex at Khalifa Port’s South Quay, according to a statement.
Starting with silos…: The firm will initially set up grain silos at the port, with the facility — spanning some 100k sqm — slated to have a storage capacity of around 150k metric tons. The complex will have direct access to deep-water berths, in a bid to streamline the journey from vessel to silo.
…and a processing plant later down the line? The firm is expected to launch a grain processing plant at the port complex at a later stage, the statement said, without disclosing a timeline.
The move will boost the UAE’s storage capacity for strategic food commodities — in turn supporting national food security. “The access to Khalifa Port’s world-class facilities will enable us to optimize our supply chain, expand our storage capacity, and ensure a consistent flow of essential food products to meet the growing regional demand,” Emirates Food Industries Group CEO Joseph Abdo said.
Khalifa Port’s been getting a lot of attention: AD Ports inked a 50-year land lease agreement with flour producer Al Ain Mills to establish a grain storage and processing facility at Khalifa Port’s South Quay in February. It also inked a 50-year land lease agreement with Oylz Terminals to build a 600k cbm petroleum storage facility in March. The firm also opened a new container terminal at Khalifa Port under a JV with CMA Terminals back in December.