ADP Diversification

AD Ports Group is further diversifying cargo activities. The company has signed a strategic agreement with Alexander Global Logistics of Germany to develop a pulp and paper products hub at its flagship facility, Khalifa. Stage 1 will be operational in Q3 2022 with 20,000m2 of quayside warehousing for forest products distribution. In 2021, ADP signed a 50-year land lease with Anchorage Investment for grain storage and processing.