Yesterday, AD Ports Group and Kazakhstan Temir Zholy Express announced the launch of operations for their joint venture, Gulf Link, aimed at providing comprehensive logistics services in Central Asia.
The joint venture is structured with a 51% ownership stake held by AD Ports Group and 49% by Kazakhstan Temir Zholy Express, a leader in multimodal transport and logistics services, which is a subsidiary of Kazakhstan Temir Zholy, the national railway company of Kazakhstan.
This initiative seeks to revolutionize the logistics landscape in Central Asia, as AD Ports Group continues its efforts to strengthen its presence in Kazakhstan, Uzbekistan, and Georgia.