ASIA

New terminal to aid China trade flows

8 years ago

This week saw the inauguration of a 35-year Abu Dhabi Ports–COSCO SHIPPING Ports concession deal that will let China COSCO SHIPPING Corporation (COSCO) develop and run a new Khalifa Port container terminal to support trade flows anticipated from China’s Belt and Road Initiative.

Khalifa Port is located halfway between Dubai (pictured) and Abu Dhabi Photo: bulletrain743/Pixabay/CC0 Creative Commons

This week saw the inauguration of a 35-year Abu Dhabi Ports–COSCO SHIPPING Ports concession deal that will let China COSCO SHIPPING Corporation (COSCO) develop and run a new Khalifa Port container terminal to support trade flows anticipated from China’s Belt and Road Initiative.