AD Ports Group installs first block for quay wall of new terminal at Khalifa Port ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
AD Ports Group has installed the first 90t block for the quay wall of the new CMA Terminals Khalifa Port – a major milestone in the construction of the terminal. Announced in September 2021, the development of the new terminal is said to be on track with a budgeted capital expenditure of US $898.4mn. The terminal is expected to be operational in H1 2025 and will be managed by a joint venture owned by CMA Terminals (70% ownership), a subsidiary of global shipping and logistics giant CMA CGM, and AD Ports Group (30% ownership). AD Ports Group said that it is developing a wide range of supporting marine infrastructure for the terminal, which will provide CMA CGM with a new regional hub. Senior

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