PHOTO
Business growth due to robust infrastructure projects and business activities
· RoRo volumes up 31%
· General and bulk cargo increases 13%
· Container cargo edges up 5%
Abu Dhabi, UAE: Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the Emirate, has attained double-digit growth in two major cargo sectors during the first quarter of 2016.
Roll-on-roll-off (RoRo) traffic at Khalifa Port witnessed a 31 per cent increase with 33,687 vehicles, up from 25,709 vehicles in the same period in 2015. The trend highlights Khalifa Port's growing status as a premier RoRo hub in the region with its yard and facilities that could cater to the growing demand.
Meanwhile, general and bulk cargo across Abu Dhabi Ports saw a 13 per cent upturn, and stood at 3.98 million freight tonnes (FT), as compared to 3.5 million FT registered in the first quarter of 2015. The increased volume of general and bulk cargo indicates vigorous import and export activities related to the industrial and infrastructure development projects in the Emirate. Increased business activities of companies operating across the Emirate, especially in Kizad and Musaffah industrial area, have also contributed to this growth.
The first quarter results for Khalifa Port Container Terminal, which is operated by Abu Dhabi Terminals - a subsidiary of Abu Dhabi Ports, showed that it handled five per cent more containers compared with the same period in 2015. The terminal moved 316,996 TEUs (twenty foot equivalent units/containers), up from 302,151 TEUs in the first quarter of 2015. Continuing the last year's upward trend, the container cargo volumes indicate increasing demands from the Abu Dhabi market.
Commenting on the business growth, Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said: "These achievements demonstrate Abu Dhabi Ports' commitment to its strategy of sustaining performance and growth across all its operations. With the guidance of our leadership coupled with the support from our stakeholders and the UAE's economic stability, we are able to witness such success."
"We aim to continue investing in innovative technologies and solutions, remaining customer focused in our service offerings and in building the capabilities of our national workforce," Al Shamisi added.
Khalifa Industrial Zone also witnessed increased business activities during the first quarter of 2016. Four prominent companies, including KSB Service LLC and Polysys Additive Technologies Middle East (PAT ME), commenced operations from within the industrial zone and National Food Products Company (NFPC) and Gulf Printing and Packaging Company, started construction of their facilities.
Kizad has a total of more than 90 national and international investors, and 13 million square metres of land leased that represent a total investment of more than AED 55 billion.
-Ends-
About Abu Dhabi Ports:
Established in 2006, Abu Dhabi Ports celebrates ten years of innovation, growth and partnership, embarking on another decade of facilitating economic diversification through enabling maritime and trade development. This is done by delivering high quality maritime services, supporting partners' infrastructure projects and setting up new companies and joint ventures in the ports and logistics sectors.
The flagship state-of-the-art Khalifa Port and Khalifa Industrial Zone Abu Dhabi (Kizad) play a pivotal role in the diversification of the economy. Khalifa Port was inaugurated on 12/12/12 by the UAE President H.H Sheikh Khalifa bin Zayed Al Nahyan. The port's semi-automated container terminal handles all of Abu Dhabi's container traffic, after its transfer from Zayed Port, the historic port in the city centre.
Khalifa Port's current capacity is 2.5 million TEUs (twenty foot equivalent units/containers) and 12 million tonnes of general cargo. Further phases of development will occur as market demand requires. When all phases are complete, Khalifa Port will be able to handle 15 million TEUs and 35 million tonnes of general cargo per year.
Abu Dhabi Ports manages ten commercial, logistics, community and leisure ports, and Khalifa Industrial Zone that is serving a range of logistics and manufacturing investors. Abu Dhabi Ports is boosting Abu Dhabi's economic growth and diversification, in line with the Abu Dhabi's Economic Vision.
Follow us on twitter: @AbuDhabiPorts
© Press Release 2016
