Hayleys Advantis in landmark partnership to manage Abu Dhabi Container Facility View(s):Hayleys Advantis Ltd (Advantis), the transportation and logistics arm of Hayleys PLC, has announced that it has entered into a landmark deal with Dubai-based Trustworthy.ae Group. Advantis is to operate and manage a state of the art Inland Container Depot (ICD) and third-party Container Freight Station (CFS) being developed by Trustworthy.ae Group in the Khalifa Industrial Zone Abu Dhabi (KIZAD). Its container volumes are expected to grow exponentially from 1.5 million TEUs to 8.5 million TEUs over the next five years. In line with this, the Trustworthy.ae Group is investing nearly US$100 million to develop an ICD, CFS and other port-related services in KIZAD over this period. Commenting on this partnership, Executive Director of Trustworthy.ae Group, Jalal Essudeen said, “Going ‘Beyond commitment to deliver with Passion’ implies many things.

Source: Sunday Times January 12, 2019 19:14 UTC