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AD Ports Group is to kind a three way partnership with Uzbekistan’s Enter Engineering Group, which is able to launch new companies offering logistic and freight forwarding companies within the Central Asian nation.
In a press release to Abu Dhabi Securities Change (ADX), the port and logistics operator stated it has signed a head of phrases settlement to determine the three way partnership, which is able to embrace air, sea, land and rail logistics in addition to warehousing, contract logistics and customs clearance.
“AD Ports Group can even assist Enter Engineering Group’s work on tenders within the UAE, with a specific deal with the vitality sector,” the assertion stated.
Enter Engineering, based in 2012, is predicated within the Uzbek capital of Tashkent and says it has carried out $2.5 billion of development contracts, in addition to engineering, procurement and development (EPC) contracts, since its inception.
(Writing by Imogen Lillywhite; modifying by Seban Scaria)
imogen.lillywhite@lseg.com
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