Abu Dhabi Ports Group and Avisto Group Form Strategic Partnership
Abu Dhabi Ports Group announced today that it has entered into a shareholders’ agreement with Avisto Group, one of the largest private industrial conglomerates in Tajikistan. This agreement aims to establish a joint venture focused on providing comprehensive logistics solutions and goods transportation services across the country.
Initial Operations and Objectives
Under the terms of this partnership, the joint venture will initially operate as a provider of light cargo shipping services. It will have exclusive rights to consolidate and manage all shipping and logistics activities for Avisto Group’s companies, while also offering services to third-party clients in the market.
Avisto Group’s Role
Avisto Group is recognized as a leading player in Tajikistan’s private sector, managing over 30 companies and factories across various industries. The group holds partnerships with eight major international institutions through joint projects.
Ownership Structure
Abu Dhabi Ports Group will hold a majority stake of 51% in the joint venture, while Avisto Group will retain a 49% share. A phased structure has been adopted to support long-term growth and enhance the operational capabilities of the venture.
Statements from Leadership
Abdulaziz Zayed Al Shamsi, Regional CEO of Abu Dhabi Ports Group, stated that this collaboration marks a pivotal step in expanding Abu Dhabi Ports’ presence and sustainable growth in Central Asia. He noted that Tajikistan’s growing industrial base and strategic geographical position provide a solid platform for developing advanced logistical infrastructure that supports regional trade flows and connects global markets. He expressed optimism about delivering integrated, world-class logistics solutions through the partnership with Avisto Group, which would enhance the efficiency of the Central Trade Corridor and solidify Abu Dhabi Ports’ role as a leader in global trade facilitation.
Mohammad Mirzo, General Director of Avisto Group, remarked that the group is a key driver of the industrial sector in Tajikistan, playing a crucial role in connecting local products to global markets. He emphasized that collaborating with a global leader like Abu Dhabi Ports Group represents a significant advancement for logistics services in Tajikistan. Mirzo looks forward to enhancing cargo transport and shipping services, establishing a modern strategic gateway linking Central Asia to worldwide markets, and opening new avenues for economic growth in the region.
Conclusion
This partnership is a significant milestone in Abu Dhabi Ports Group’s efforts to strengthen its presence along the Central Trade Corridor and enhance trade connections between the East and West. It also bolsters the group’s partnerships in Central Asia, providing direct access to major land trade networks that connect Tajikistan to regional markets before crossing the Caspian Sea and completing the route through Azerbaijan and Georgia to Europe.