Abu Dhabi Ports announced said that Khalifa Port’s expansion -- announced in late 2019 -- is on pace for completion, despite challenges presented in the face of COVID-19.
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The addition of land plots with adjacent quay wall and deep-water access at Khalifa Port provides a host of new customer opportunities, particularly for industrial producers requiring prime land plots in proximity to Khalifa Port Industrial Zone (KIZAD) and cargo owners that wish to import, export and trans-ship with global markets via Khalifa Port’s multimodal touch points.
One example lies with Arabian Chemical Terminals (ACT) which recently signed a 50-year agreement to establish the first commercial bulk liquid and gas storage terminal at Khalifa Port that will be located on a plot with 16-metre direct deep-water quay access within the newly developed KPL. This project is well underway with the Front-End Engineering Design (FEED) having been awarded in May 2020.
Khalifa Port’s assets and future growth plans were discussed during an exclusive Khalifa Port trade and investment webinar headlined by H.E. Abdulla Al Saleh Undersecretary of the UAE Ministry of Economy.