+
Adani Ports inks MoU with AD Ports for Tanzania ventures
WAREHOUSING & LOGISTICS

Adani Ports inks MoU with AD Ports for Tanzania ventures

Adani Ports and SEZ Ltd (APSEZ) has signed a memorandum of understanding with Abu Dhabi-based AD Ports Group for joint investments in the infrastructure sector in Tanzania. The agreement makes way for joint investments in logistics infrastructure and solutions, including rail, maritime services, port operations, digital services, an industrial zone and setting up of maritime academies in Tanzania.

Karan Adani, chief executive officer of APSEZ, said, “We are pleased to be partnering with AD Ports Group in the development of key quality infrastructure in Tanzania, especially in the ports and maritime sector.”

Captain Mohamed Juma Al Shamisi, managing director and group chief executive of AD Ports Group, said, “This MoU with Adani Ports and SEZ Ltd is significant in its impact on both Tanzania’s ability to transform itself into an African trading hub, as well as our ability to further develop our global capabilities and connections that will bring goods to market faster and more efficiently.”

See also:
Sri Lankan crisis to boost global trade logistics of India 
Leasing in logistics and industrial sectors fell by 9% YoY


Adani Ports and SEZ Ltd (APSEZ) has signed a memorandum of understanding with Abu Dhabi-based AD Ports Group for joint investments in the infrastructure sector in Tanzania. The agreement makes way for joint investments in logistics infrastructure and solutions, including rail, maritime services, port operations, digital services, an industrial zone and setting up of maritime academies in Tanzania. Karan Adani, chief executive officer of APSEZ, said, “We are pleased to be partnering with AD Ports Group in the development of key quality infrastructure in Tanzania, especially in the ports and maritime sector.” Captain Mohamed Juma Al Shamisi, managing director and group chief executive of AD Ports Group, said, “This MoU with Adani Ports and SEZ Ltd is significant in its impact on both Tanzania’s ability to transform itself into an African trading hub, as well as our ability to further develop our global capabilities and connections that will bring goods to market faster and more efficiently.” See also: Sri Lankan crisis to boost global trade logistics of India Leasing in logistics and industrial sectors fell by 9% YoY

Next Story
Infrastructure Urban

Naidu Seeks Rs 563 Crore For AP Sports Infrastructure

Andhra Pradesh Chief Minister N Chandrababu Naidu has sought Rs 563 crore from the Centre to boost sports infrastructure in the state, including Rs 538 crore for stadium development and Rs 25 crore to host the Khelo India Martial Arts Games 2025. Naidu made the request during a meeting with Union Youth Services and Sports Minister Mansukh Mandaviya in New Delhi on Wednesday.The CM urged early completion of Khelo India infrastructure projects in Tirupati, Rajahmundry, Kakinada, and Narasaraopeta, and called for an international-standard badminton training centre and a national aquatic sports hu..

Next Story
Infrastructure Transport

Tough Bidding Norms Slow NHAI Road Project Awards

Stringent bidding rules imposed by the Ministry of Road Transport & Highways (MoRTH) have led to a slowdown in project awards by the National Highways Authority of India (NHAI), despite a robust Rs 3.5 trillion pipeline. According to an HDFC Securities report, the shift to more cautious developer models now favours firms with strong balance sheets, as tighter qualification norms limit aggressive bidders.The revised norms mandate additional performance security, targeting the exclusion of players that previously submitted low bids—often 25 to 40 per cent below NHAI cost estimates—raisin..

Next Story
Infrastructure Transport

Mumbai Gets Coastal Nod for Next Promenade Phase

As Mumbai prepares to open two major sections of its expansive seafront promenade this week, the city’s civic authority has secured a key coastal clearance to advance further construction. The Maharashtra Coastal Zone Management Authority (MCZMA) has approved the commencement of work on the segment between Haji Ali and Baroda Palace, with tendering expected soon after project cost assessments.The promenade, stretching 7.5 km in length and 20 metres wide, is being designed as a flagship open space for walkers, joggers, and cyclists. Two critical stretches—2.75 km from Tata Garden to Haji Al..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?