Abu Dhabi Ports Group , a leading global enabler of trade, industry, and logistics, today announced the signing of a shareholders’ agreement with Avesto Group, one of Tajikistan’s largest private industrial conglomerates, to establish a joint venture to provide integrated logistics and freight solutions nationwide.
Under the agreement, the joint venture will initially operate as a light freight forwarding service provider, holding exclusive rights to consolidate and manage all freight and logistics activities for Avesto Group companies and to offer services to third-party clients within the market.
Avesto Group is a leading private sector player in the country, operating more than 30 companies and factories across diverse sectors and holding joint ventures with eight major international organizations.
Under the agreement, Abu Dhabi Ports Group will hold a 51% majority stake in the joint venture, while Avesto Group will hold a 49% stake. A phased structure has been adopted to support the long-term growth and expansion of the venture’s operational capabilities. On this occasion,
Abdul Aziz Zayed Al Shamsi, Regional CEO of Abu Dhabi Ports Groupsaid : “This collaboration represents a pivotal step in strengthening our presence and sustainable expansion in Central Asia. Tajikistan’s growing industrial base and strategic geographic location provide a strong platform for developing advanced logistics infrastructure that supports regional trade flows and connects regional and global markets. Through our partnership with Avesto Group, we look forward to delivering integrated, world-class logistics solutions that enhance the efficiency of the Central Trade Corridor and solidify our position as a leading enabler of global trade.”
For his part, Mohammed Mirzo, General Manager of Avesto Group, said : “Avesto Group is a key driver of the industrial sector in Tajikistan and plays a pivotal role in bringing local products to global markets. Our collaboration with a leading global partner like Abu Dhabi Ports Group represents a significant leap forward for logistics services in Tajikistan. Together, we look forward to enhancing freight transport and shipping services, creating a modern strategic gateway connecting Central Asia to global markets, and opening new horizons for economic growth across the entire region.”
It is worth noting that this cooperation represents a qualitative step within the framework of Abu Dhabi Ports Group’s efforts to enhance its presence along the Middle East trade corridor and strengthen trade links between East and West. It also enhances the group’s partnerships in the Central Asia region and provides direct access to the main land trade networks that connect Tajikistan to regional markets before crossing the Caspian Sea, and completing the route through Azerbaijan and Georgia to Europe.
