Home UAE Abu Dhabi UAE’s AD Ports to invest $30m in greenfield grain terminal in Kazakhstan The total investment in the grain terminal will exceed $50 million across both phases, with AD Ports contributing approximately $30m by Gulf Business January 15, 2025 Image credit: Emirates News Agency AD Ports Group and Semurg Invest have commenced the construction of a new grain terminal at Kuryk Port in Kazakhstan. Sarzha Grain Terminal, as the facility is known, will initially have the capacity to handle 570,000 tonnes of grain cargo annually in phase one. With the construction of phase two, its capacity will be expanded further to reach 1.5 million tonnes per year. The total investment in the grain terminal will exceed $50 million across both phases, with AD Ports contributing approximately $30m. The state-owned logistics firm holds a 51 per cent shareholding in the facility, and Semurg owns the remaining 49 per cent stake. With phase one scheduled for completion in H1 2026, Sarzha Grain Terminal is expected to advance global food trade by connecting Kazakhstan to Europe via the Transcaspian International Transport Route. “The investment demonstrates AD Ports Group’s dedication to expanding our presence in Central Asia, and in Kazakhstan in particular. Sarzha Grain Terminal will not only boost grain trade and handling at Kuryk Port but also leverage modern technologies and sustainable practices,” Abdulaziz Zayed Al Shamsi, regional CEO of AD Ports Group. The joint venture, which was initially unveiled in August 2023, follows AD Ports and its subsidiaries’ recent ventures in the Central Asian region. Meanwhile, AD Ports strengthened its global position in 2024 by expanding internationally and investing in promising projects, boosting its network, capabilities, and international presence while maintaining a strong focus on sustainable innovation and operations. Ventures in Angola, Egypt, Tanzania, Pakistan, and Georgia enabled the logistics firm to expand into global markets. AD Ports, controlled by state investor ADQ, operates the deepwater Khalifa Port in Abu Dhabi and other ports and logistics parks in the Middle East, Northern Africa, the Indian Subcontinent, Central and Southeast Asia, and Europe. The shipping and logistics group posted Dhs4.66bn in Q3 2024 revenue, a 10 per cent increase from the same period last year. Its net profit jumped 11 per cent to Dhs439m. Read: AD Ports expands global presence, boosts financial performance in 2024
