Trustworthy.ae Group has announced the groundbreaking of its first inland container depot and a third-party logistics facility in Khalifa Industrial Zone Abu Dhabi
Dubai-based Trustworthy.ae Group has announced the groundbreaking of its first inland container depot and a third-party logistics facility in Khalifa Industrial Zone Abu Dhabi (KIZAD).
Hayleys Advantis Limited, the transportation and logistics arm of multinational conglomerate Hayleys Group, will manage and operate the two facilities.
Trustworthy.ae Group's facilities, located in close proximity to the Khalifa Port, will be geared up to serve the expected rise of container volumes to 8.5 million twenty-foot equivalent units (TEUs) from existing 1.5 million TEUs per annum over the next five years.
Mobilisation work on the facilities will begin this month with the depot becoming operational in June 2019 while the logistics facility will be ready for business by the first quarter of 2020.
"Today's groundbreaking ceremony marks an important milestone on our project. Trustworthy.ae Group's investment in building the ICD and 3PL facility in KIZAD demonstrates our continued commitment to the UAE," said Abdul Lathif, managing director, Trustworthy.ae Group.
"We are proud to collaborate with Hayleys Advantis Limited on this exceptional project who are leaders in managing and providing world-class depot and logistics facilities. We are confident that Hayleys Advantis will set a new benchmark for quality and service in the Middle East region," he added.
Samir Chaturvedi, CEO at KIZAD, said: “We are pleased to celebrate the ground-breaking of Trustworthy.ae Group’s first Inland Container Depot and third-party logistics facility – two major developments that will support the trade of goods to and from Abu Dhabi across a wide spectrum of industries.
"The investment of Sri Lanka's leading logistics firm at our industrial zone is testament to KIZAD’s established position as a global industrial and trading hub.”For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.