The UAE's eight ports handle 61 per cent of the GCC's trade, a top UAE official said Wednesday.
Abu Dhabi Ports Company (ADPC) yesterday said that it would open Khalifa Port and the adjacent industrial zone — Khalifa Industrial Zone Abu Dhabi (Kizad) — for business in the fourth quarter of this year. Kizad, located in Taweelah between Abu Dhabi and Dubai cities — already is the site of Emirates Aluminium.
Dr Sultan Ahmad Al Jaber, Chairman of ADPC, said: "Today, ports in the UAE account for 61 per cent of the trade volume among GCC countries, having seen a 13 per cent annual growth in volume in recent years and growth projections remain positive. With this remarkable, fast-paced growth, ports are striving to be more competitive, efficient and productive for their customers." ADPC announced the arrival of the first batch of Super Post Panamax ship to shore (STS) container cranes at Khalifa Port. This marks a significant milestone for the port as it readies for Phase 1 completion at the same time as the opening of Kizad in the fourth quarter of this year.
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