logo
AD Ports Group inaugurates Tbilisi Intermodal Hub in Georgia

AD Ports Group inaugurates Tbilisi Intermodal Hub in Georgia

Al Etihad03-06-2025
4 June 2025 00:46
ABU DHABI (ALETIHAD)AD Ports Group (ADX: ADPORTS), has announced the inauguration of the Tbilisi Intermodal Hub, Georgia's first modern, bonded container and intermodal terminal, and a key logistics link in the Group's emerging Central Asian transport strategy.The state-of-the-art, rail-linked logistics centre connects the Caspian and Black Seas through Georgia, forming a vital part of the Middle Corridor, the shortest trade route between Asia and Europe.The inauguration was attended by Ahmed bin Ali Al Sayegh, Minister of State in the UAE Ministry of Foreign Affairs, the Honourable Irakli Kobakhidze, Prime Minister of Georgia, Levan Davitashvili, First Vice Prime Minister of Georgia, Ahmed Ebrahim AlNuaimi, UAE Ambassador to Georgia, Giorgi Janjgava, Ambassador Extraordinary and Plenipotentiary, the Georgian Ambassador to UAE, as well as Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, Abdulaziz Zayed Al Shamsi, Regional CEO - AD Ports Group, and Mr Jemal Inaishvili, Founder of Inveco LLC.Ahmed bin Ali Al Sayegh, Minister of State, UAE Ministry of Foreign Affairs, said: 'Under the visionary leadership of the UAE Government, we are committed to enhancing international cooperation with strategic global partners who share our vision for mutual benefit and sustainable prosperity. The inauguration of AD Ports Group's Tbilisi Intermodal Hub exemplifies this commitment by actively developing global trade routes and creating market opportunities for both UAE and Georgian businesses."AD Ports Group owns a 60 per cent stake in Tbilisi Intermodal Hub, and the rest is held by Inveco LLC, a local Georgian investment advisory firm, and Wilhelmsen Group.The first phase of Tbilisi Intermodal Hub is Tbilisi Dry Port, an Inland Container Depot (ICD) handling container cargo delivered by rail and truck. The Group and its partners plan to expand the facility significantly by early 2026 to add long-term warehousing, additional container yards and truck parking, and a fourth railway spur, to transform it into a full-service import-and-export logistics hub for all of Central Asia, a fast-growing region that AD Ports Group is targeting as a strategic growth corridor.Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, of AD Ports Group, said: 'The inauguration of Tbilisi Intermodal Hub is a significant step in our long-term plan to develop the Middle Corridor into a viable East-West trade corridor through Central Asia, where the volume of goods is expected to triple by 2030, according to The World Bank. Under the wise guidance of our leadership in the UAE, AD Ports Group is dedicated to pioneering the strategic, low-impact trade corridors of a sustainable future. With our investments in Tbilisi and elsewhere along the Middle Corridor, we are strengthening global supply chains through investments that foster economic growth and job creation, by creating efficient trade pathways that cater to the emerging economies of Central Asia.' As it expands, Tbilisi Intermodal Hub will process many types of cargo, including containerised vehicles, and forms of containerised bulk and break-bulk commodities such as minerals, ores, and fertilisers playing an important role in the supply chains of Georgia, Armenia, and Azerbaijan, as well as an East-West crossroads for goods between China and Europe.Tbilisi Intermodal Hub's soft launch commenced on 3 May when it received its first shipment of 30 containers, each carrying over 26 tonnes of cargo, via rail link from an MSC ship docked at Georgia's Black Sea Port of Batumi.An inland extension of Batumi and the Port of Poti, Georgia's key seaports, Tbilisi Intermodal Hub will play a vital role as a logistics staging hub accelerating trade flows across the Caucasus region and Central Asia. The facility has received both customs zone authorisation and Georgia's first railway infrastructure operation and safety certification, from the state Rail Transport Agency.Jemal Inaishvili, Founder of Inveco LLC, Georgia, said: 'The inauguration of Tbilisi Intermodal Hub is a major step for the development of the logistics sector in Georgia and Central Asia. Leveraging its extensive expertise in port operations and logistics, AD Ports Group is introducing advanced management practices to Georgia's logistics sector. This collaboration not only enhances the operational efficiency of the Tbilisi Intermodal Hub but bolsters economic ties between the UAE and Georgia.'The inauguration of the Georgian intermodal logistics hub is a milestone in the Group's strategy of developing the Middle Corridor into a viable, modern high-volume trade corridor linking China and Europe by overland route through Central Asia with the Group's ports and maritime assets in Türkiye and Pakistan.Spanning 7,000km and requiring a journey of 10 to 15 days, the Middle Corridor is expected to handle up to 1.9 million Twenty-Foot Equivalent Units (TEUs) of container cargo annually by 2040, as manufacturers seek to avoid longer seaborne routes.Beyond serving the Georgian Black Sea ports of Poti and Batumi as a depot for international shipping lines, the intermodal facility will function as a regional logistics hub for goods destined for neighbouring countries such as Armenia and Azerbaijan.Tbilisi Intermodal Hub is designed for scale and efficiency, featuring three, 600-metre-long railway spurs, two dedicated locomotives for shunting connected to the main rail sorting station, a 50,000m² container yard equipped with brand-new three-unit reach stackers, and Class B warehouse, covering 2,500m², and a fleet of forklifts and customs-licensed weighing scales. In a second phase to be completed by early 2026, a fourth rail spur will be added, as well as a Class A warehouse covering 9,800m2, and additional container yards. Tbilisi Intermodal Hub will initially handle up to 96,000 TEUs annually. The facility enables flexible cargo flows from Central Asia and the Far East via multiple transport modes such as railcars, shipper-owned containers, and trucks, with seamless cross-docking to ocean carriers for global distribution, and vice versa.By early 2026, the second phase of construction will more than double the annual handling capacity of the Tbilisi Intermodal Hub to up to 200,000 TEUs.Besides its connection to Georgia's national rail network, Tbilisi Intermodal Hub has direct access to the country's international highways, bypassing city congestion, and close proximity to major border crossings, being only 70 km from both Armenia and Azerbaijan and just 7km from Tbilisi International Airport.
The inauguration of the Tbilisi Intermodal Hub marks a significant milestone in AD Ports Group's mission to enhance global trade routes and logistics capabilities. This state-of-the-art facility not only strengthens the economic ties between the UAE and Georgia but also positions both nations as pivotal players in the Middle Corridor.
Source: Aletihad - Abu Dhabi
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi properties see robust capital appreciation in Q2 2025: ValuStrat report
Abu Dhabi properties see robust capital appreciation in Q2 2025: ValuStrat report

Al Etihad

timean hour ago

  • Al Etihad

Abu Dhabi properties see robust capital appreciation in Q2 2025: ValuStrat report

5 Aug 2025 16:35 ABU DHABI (ALETIHAD)Abu Dhabi's residential property market continued its robust upward trajectory in the second quarter of 2025, with the capital values recording an 8.1% year-on-year (YoY) and 2.2% quarter-on-quarter (QoQ) rise across both villas and apartments. The report by ValuStrat highlights a market driven by limited supply, resilient demand, and increasing investor outpaced apartments in capital appreciation, with villa prices rising 10.1% YoY and 2.6% QoQ. Apartment prices rose by 5.9% annually—the strongest growth in three years—and 1.7% quarterly. The average citywide home value stood at Dh966 per sq ft, with villas averaging Dh795 per sq ft and apartments Dh1,037 per sq Island led villa capital gains with a 21.2% annual rise, while Hydra Village remained flat. For apartments, Saadiyat Island again topped the list with an 8% annual increase, followed by Al Reef (7.3%), Al Muneera Island (7%), and Al Reem Island (5.8%).Rental values also saw strong growth, with average rents rising 9.5% YoY and 1.5% QoQ. Apartments outperformed villas in rental growth, with apartment rents rising 12.5% YoY and 2% QoQ, while villa rents grew 7% annually but remained flat quarterly. Average citywide gross yields stood at 8.1%, with apartments yielding 8.5% and villas 7%.Citywide apartment asking rents averaged Dh117,000 per annum. Studios fetched Dh65,000, one-beds Dh91,000, two-beds Dh128,000, and three-beds Dh183,000. Among communities, Al Reef posted the highest quarterly increase at 5.4%. Villa rents averaged Dh249,000, with three-beds at Dh185,000, four-beds Dh249,000, and five-beds Dh313,000. Mohammad Bin Zayed City saw the strongest villa rent growth at 3.7% supply remains constrained, with only 7.1% of the projected 2025 pipeline delivered by mid-year. A total of 12,499 units are scheduled for completion this year, and 33,000 units are expected by 2030. Several new launches were announced, including Modon's Wadeem project on Hudayriyat Island, Bloom Holding's Granada Phase 2, and Seamont Autograph Residences on Al Reem activity rebounded sharply. Off-plan transactions surged 53.1% QoQ but were still 51.8% lower YoY. The average off-plan property price stood at Dh1,781 per sq ft, with a 38.1% annual increase. The average ticket size rose to Dh3 million, reflecting strong demand for high-end units. Off-plan deals made up nearly 30% of all residential home sales grew by 6.4% QoQ and 3% YoY. The average transaction price for ready homes was Dh1,180 per sq ft, and the average ticket size was Dh2.4 million. Total mortgage-backed transactions reached Dh8.3 billion, matching cash transactions, which also stood at Dh8.2 billion. Mortgages accounted for 50% of all ready property sales, supported by steady US interest office market remained buoyant, with average asking rents rising 6.1% QoQ and 28.3% YoY, driven by high occupancy rates in central business districts, which reached 90.5%. Masdar City Square added 50,000 sq m of new office space in Q2. In the hospitality sector, the emirate recorded an 83.7% occupancy rate in the first four months of the year. The average daily room rate reached Dh623, while revenue per available room (RevPAR) climbed to Dh521, up 26.8% YoY. The market welcomed 1.7 million guests during the same period. The planned Disney theme park resort on Yas Island is expected to reinforce Abu Dhabi's growing tourism appeal. Source: Aletihad - Abu Dhabi

Minerals, energy, and data in race for AI supremacy, new TRENDS study reveals
Minerals, energy, and data in race for AI supremacy, new TRENDS study reveals

Al Etihad

time3 hours ago

  • Al Etihad

Minerals, energy, and data in race for AI supremacy, new TRENDS study reveals

5 Aug 2025 14:28 ABU DHABI (ALETIHAD)A recent study published by TRENDS Research & Advisory found that geopolitical shifts in the age of artificial intelligence (AI) were no longer limited to technological or software superiority. Instead, they have expanded to include control over physical infrastructures such as semiconductors, data centres, rare earth minerals, and undersea fibre-optic cables—all of which have become critical tools in reshaping the global balance of study — Features of Geopolitical Shifts in the Age of Artificial Intelligence: From Code to Control — warns that the interdependence among states in technological supply chains creates strategic chokepoints that major powers can exploit as instruments of political and economic pressure. The study highlights that China dominates between 70 per cent and 90 per cent of global rare earth refining, while the manufacturing of advanced semiconductor chips is concentrated in Taiwan and South Korea. This puts global supply chains at risk of geopolitical by the TRENDS Virtual Office in Germany, the study points out that data centres, which consume massive amounts of energy, may account for up to 9.1 per cent of U.S. national electricity consumption by 2030, increasing pressure on energy resources and raising sustainability concerns. It also underscores the fragility of undersea fibre-optic cables, which carry 95 per cent of the world's data, noting that recent reports have revealed deliberate threats to sever these cables, such as in the 2024 Red Sea study foresees the emergence of a 'dual digital world order' with a Western bloc led by the United States and the European Union and an Eastern bloc led by China and Russia. It also points to the growing role of middle powers, such as the UAE and India, in reshaping the global digital map. The study asserts that dominance in AI is no longer measured solely by algorithmic capabilities but increasingly by control over critical resources such as energy, water, and minerals. This could lead to a new form of 'digital stratification,' exacerbating inequalities between nations. It calls for establishing a global charter to govern the fair distribution of AI-related resources. It stresses that the future will belong to those who control the infrastructure, not just the software. Source: Aletihad - Abu Dhabi

Dubai introduces three new advisory services to enhance governance, growth within family enterprises
Dubai introduces three new advisory services to enhance governance, growth within family enterprises

Al Etihad

time4 hours ago

  • Al Etihad

Dubai introduces three new advisory services to enhance governance, growth within family enterprises

5 Aug 2025 13:48 DUBAI (ALETIHAD)The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has launched three new specialised advisory services to support the sustainable growth of family businesses. The initiative aims to strengthen the governance of family-owned enterprises operating in Dubai, enhancing their future readiness and enabling them to navigate the evolving economic landscape, overcome challenges, and capitalise on promising new services reflect the Dubai Centre for Family Businesses' ongoing commitment to enhancing the economic contribution of family businesses in support of Dubai's future development plans. The centre aims to strengthen the competitiveness of this vital sector by safeguarding its interests, streamlining operations, and investing in leadership development to ensure long-term a press release on Tuesday, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: 'Family businesses remain a vital engine of growth, diversification, and innovation within Dubai's economy. Ensuring their continued success is essential to enhancing the emirate's competitiveness and driving sustainable long-term growth." He said: "The Dubai Centre for Family Businesses is committed to empowering these companies to navigate economic developments and embrace global best practices, which contribute towards strengthening the local private sector and reinforcing Dubai's position as a global hub for trade and investment.'The first new service is the Current-State Assessment & Family Constitution Review, which offers an in-depth evaluation of a family business's current governance framework. This includes a thorough review of existing Family Constitutions, leveraging the centre's automated Family Business Governance Assessment Tool to evaluate the maturity of their governance processes against regulatory requirements, leading industry practices, and global standards. To complement this assessment, individual interviews are conducted with key family and business stakeholders to identify any gaps and challenges within existing structures, providing actionable recommendations for improvement. This service assesses governance frameworks, identifies gaps and risks, encourages alignment among stakeholders, and provides tailored recommendations for enhanced governance and long-term second service, Family Constitution Drafting, provides a strategic roadmap for family businesses, outlining policies, governance structures, and decision-making processes crucial for long-term sustainability. The centre will assist in drafting these vital documents, drawing insights from interviews with family members and key stakeholders. Through facilitated workshops and discussions, the service ensures alignment and buy-in from all family members, designing a document that captures their collective vision and values, alongside clear nomination, eligibility criteria, and decision-making processes relevant to the organisation's governing bodies. This service defines roles and responsibilities, formalises shared vision and values, fosters open dialogue, and establishes clear rules to prevent future conflicts. The third new service is the Family Office Blueprint service, which guides families in establishing a private platform dedicated to managing their wealth, investments, and personal affairs. The centre facilitates workshops designed to enhance understanding of Family Offices, supporting families in defining their specific objectives, the range of services it will provide, and the necessary staffing requirements. This service clarifies the purpose, scope, and strategic goals of a Family Office, explores the full range of services for wealth management and legacy planning, and identifies the key skills and roles required for an effective Family Office structure.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store