Abu Dhabi Ports and Cosco Shipping Ports Limited, CSP, have held their ground-breaking ceremony for the CSP Abu Dhabi Container Terminal during a high-level event at Khalifa Port, in the presence of H.H.
The ceremony was presided over by Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of Abu Dhabi Ports, and Ning Jizhe, Deputy Director of China’s National Development and Reform Commission, NDRC, who witnessed the unveiling of the ground-breaking plaque as well as the signing ceremony for the new CFS by Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports and Zhang Wei, Vice Chairman and Managing Director of CSP.
A new agreement between CSP, the world’s leading ports operator, and Abu Dhabi Ports was also signed during the ceremony for development of the largest container freight station in the region. The new container freight station will provide Abu Dhabi trade with a state of the art facility offering bonded ‘LCL/FCL’ consolidation and de-consolidation services, cross stuffing, cargo weight reduction, short term warehousing for de-consolidated cargo as well as easy connectivity with the container terminals in Khalifa Port.
Speaking on the occasion, Dr. Sultan Al Jaber said, “Following the guidance and vision of the leadership, Abu Dhabi Ports has played an important role in expanding trading links between the UAE and China, which is now the UAE’s second largest trading partner. The partnership between Abu Dhabi Ports and Cosco Shipping Ports to develop the region’s largest container freight station will add a new dimension to UAE-China trade relations and is fully aligned with Abu Dhabi’s Vision 2030 to drive growth, attract investment, support economic diversification and create sustainable jobs.”
Jizhe in turn said, “Khalifa Port is one of the fastest growing ports and an important gateway port in the region, with huge potential and prospect. Cosco Shipping Ports is marching another step forward in the port development project with Abu Dhabi Ports.”
“The solid progression of the CFS project writes a new chapter between China and the UAE, in terms of infrastructure investment, construction and service sector, and bears new fruit for the Belt and Road cooperation between the two countries, injecting new energy to solidify and promote China-UAE economic and trade cooperation, thus providing new contributions,” he concluded.
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