AD Ports kicks off new Central Asian logistics JV: AD Ports Group has partnered with Kazakhstan Railways’ freight arm KTZ Express to launch its new Central Asian logistics joint venture (JV), according to a statement. The Abu Dhabi-based port operator holds the majority share in the JV — known as GulfLink — at 51%, while KTZ Express owns the remaining 49%.
Expanding trade links…: GulfLink aims to offer new cargo routes for Central Asia — connecting through Pakistan, Turkey, the GCC, and the Indian subcontinent. The new firm will utilize KTZ’s 16k km of rail lines in Central Asia to boost trade flows and expand transport infrastructure. Nearly 70% of freight moves through Kazakhstan via rail.
…and supporting ongoing projects: Under the JV, AD Ports looks to revamp Central Asia’s logistics infrastructure and support its existing ventures in Kazakhstan, Uzbekistan, and Georgia. The firm also recently agreed to expand its existing partnership with Kazakhstan National Shipping Company (KMTF) on container shipping in the Caspian Sea. AD Ports Group is also investing over USD 50 mn to develop the Sarzha Grain Terminal at Kuryk Port in partnership with Kazakhstan’s Semurg.
REMEMBER- The UAE inked USD 5 bn in MoUs with Kazakhstan spanning energy, infrastructure, AI, and logistics back in May.