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Abu Dhabi, March 6, 2018. Abu Dhabi Ports Group and SEG Enera Group, one of the largest multi-sector holding companies in Uzbekistan, today announced the formation of a new joint venture, ADL-Ulanish, to provide integrated global logistics services. in Uzbekistan.
Through the new joint venture, the Abu Dhabi Ports Group will offer its extensive experience in global supply chain logistics and advanced technologies to the new company, with the aim of addressing the logistical challenges faced by companies in Uzbekistan, given that the country is landlocked and is surrounded by five other landlocked countries.
In turn, SEG Enera will share its best practices, regional expertise and industrial assets that include warehousing capabilities, rail connectivity and its road fleet of trucks to serve the project.
Through the joint venture, the two sides will cater to the commercial needs of SEG Enera and other players in the Uzbekistan market operating in a number of sectors including industrial project logistics, oil and gas, e-commerce, healthcare and pharmaceuticals.
ADL-Ulanich will offer a variety of advanced services that include freight forwarding, air and land logistics, warehousing, customs clearance, as well as the development of inland container depots and dry ports. In addition, the company will provide a range of digital solutions that enhance the integration and efficiency of services, and will also use its expertise in the field of food security and supply chain to support the establishment of a food center in Uzbekistan.
Thanks to its strategic location at the crossroads of trade routes between Asian and European markets, Uzbekistan and the Central Asian region are an important land logistics hub, and the World Bank forecasts that their GDP will grow from 3.9% in 2023 to 4.3% in 2024.
Farouk Al-Zeer, Chairman of the Board of Directors of the Logistics Sector – Abu Dhabi Ports Group, said: “The launch of ADL-Ulanish provides a platform that allows us to expand our logistics portfolio and enhance our services in the main market of Uzbekistan, which is located in the Central Asian region, which is on the path to achieving tangible future growth. Shipping and warehousing services are currently witnessing a growing demand in Uzbekistan, which has achieved tangible economic growth over the past few years thanks to major reforms and development and modernization efforts made by the country.”
He added: “By employing our global expertise, we are able to make a radical change in a number of sectors, benefiting from advanced digital services and a team with global expertise.”
For his part, Timofey Smirnov, CEO of SEG Enera Group, said: “We are proud to conclude this vital partnership with the Abu Dhabi Ports Group, which has huge logistical capabilities and extensive experience that have contributed to supporting a number of strategic industrial sectors in the Middle East and North Africa region. The group is now seeking to enable its partners in many countries around the world thanks to the significant expansion it has witnessed recently.
He added: “Uzbekistan is one of the countries that produce a number of major exports, including oil, gas, gold, copper, cotton, food and other strategic commodities and products needed by the global economy. The development of our logistics sector contributes to providing a wide range of economic opportunities that enable us to support the growing role of Uzbekistan as a hub.” trade between East Asia and Europe.
It should be noted that the UAE and Uzbekistan signed a memorandum of understanding in June 2022 to support operations in 27 sectors and implement initiatives to modernize the work of the government sector in order to benefit from the country’s expertise and strengthen bilateral relations between the two sides.
