AD Ports Group, SEG ENERA Group enters Uzbekistan logistics market via joint venture

AD Ports Group and SEG ENERA Group have announced the formation of a new joint venture, ADL-Ulanish, that will provide end-to-end global logistics services across Uzbekistan.

ADL-Ulanish will offer a variety of advanced services including, freight forwarding – air and land logistics, warehousing and storage, customs clearance services, and the development of inland container depots and dry ports.

The company will provide a range of digital solutions to boost service integration and efficiency, as well as bring expertise in food security and supply chains to support the creation of a food hub in Uzbekistan.

AD Ports Group will bring its expertise in global supply chain logistics and advanced technology to the new company through the new venture.

AD Ports Group’s goal is to address some of the logistics challenges faced by enterprises in Uzbekistan, which is a double-landlocked nation, surrounded by five additional landlocked nations.

SEG ENERA Group, a multisectoral holding company in Uzbekistan, will contribute its regional expertise, best practices, and industrial assets, including warehousing capacity, alongside rail and trucking fleets.

The two entities will serve the business needs of clients from a wide range of sectors in Uzbekistan through this venture, industrial project logistics, oil & gas, e-commerce, healthcare and pharmaceuticals.

Uzbekistan and the broader Central Asian region is a vital global land logistics hub, strategically located at the cross-roads between the Asian and European markets.

The nation’s regional GDP according to the World Bank is forecasted to grow from 3.9 per cent in 2023 to 4.3 per cent in 2024.

Farook Al Zeer, Chairman, Logistics Cluster, AD Ports Group, said: “The launch of ADL-Ulanish provides us with a platform to extend our extensive portfolio of logistics services and expertise to the key market of Uzbekistan, which is located within a region that is primed for future growth.

“By leveraging our global expertise, we are positioned to make a transformational impact across key industries, facilitated by advanced digital services and supported by a world-class team.”

In July 2022, AD Ports Group launched a joint venture with oil and gas company SEG to open new logistics and freight businesses in Uzbekistan and reach global markets.

More recently, AD Ports Group signed a Strategic Agreements with KazMunayGas and a Memorandum of Understanding (MoU) with Kazakhstan’s Ministry of Industry & Infrastructural Development.