UAE and China put pen to paper

Under the terms of a 50-year partnership, China-UAE Industrial Capacity Co-operation (Jiangsu) Construction Management Co, a UAE company newly established by Jiangsu Provincial Overseas Co-operation and Investment Co, or JOCIC, will occupy and develop around 23.7m sq ft of free trade zone capacity for exclusive use by the Chinese province.

According to ADP, this slot allocation represents approximately 2.2% of available free zone space in the Khalifa Industrial Zone Abu Dhabi (KIZAD), located between Abu Dhabi and Dubai adjacent to the Khalifa Port Container Terminal.

The agreement, signed by ADP chairman Sultan Ahmed Al Jaber and the executive vice-governor of Jiangsu Provincial People’s Government Ms Huang Lixin, also coincided with an announcement of the first five companies planning to invest in the lease space. This includes Hanergy Thin Film Power Group, Jiangsu Fantai Mining Development (Group) and the Guangzheng Group.

ADP expects the new tenants to invest over Dirham1bn ($272m), into KPFTZ, creating 1,400 jobs in the process.

China is the UAE’s second-largest trading partner and the biggest exporter to the country.

Last year, Cosco Shipping signed an agreement with ADP to use Khalifa Port as its central Middle Eastern hub, a move that is expected to raise annual capacity to as much as 6m teu. In 2016, Khalifa Port handled around 1.6m teu.

Source used: Lloyds loading list

Industry Specific Guidance and Logistics Advice

Oil and Gas

We have been providing logistics services to the oil and gas industry for many years. Our specialist team have worked on many projects across the world and understand the demands of this sector more than most.

Exhibitions and Events

When fast reactions and quick solutions are required, you can count on Tudor International Freight to provide a dedicated team and exceptional service to help make your event a resounding success.

Chemicals

The chemical goods industry has experienced significant changes over recent years with a much larger emphasis being placed on logistics compliance and regulation. Tudor provide businesses with specialist chemical logistics advice and guidance.

Aerospace

Tudor International Freight provide a wide range of supply chain solutions to the aerospace sector. Our staff are familiar with industry terms and jargon – we understand and speak your language.

Manufacturing

Tudor International Freight manage the supply chain movements of many large international manufacturing companies. Our team appreciate the complex issues and unique logistical challenges facing this sector.