Dubai-based Trustworthy.ae Group has announced the groundbreaking of its first Inland Container Depot (ICD) and a third-party logistics (3PL) facility in Khalifa Industrial Zone Abu Dhabi (KIZAD).
Hayleys Advantis Limited, the transportation and logistics arm of multinational conglomerate Hayleys Group, will manage and operate the two facilities.
Trustworthy.ae Group’s ICD and 3PL facility, located in close proximity to the Khalifa Port, will be geared up to serve the expected rise of container volumes to 8.5 million twenty-foot equivalent units (TEUs) from existing 1.5 million TEUs per annum over the next five years.
According to the company, it will use “state-of-the-art equipment” in both the facilities that will help improve transit time and reduce costs for the trade. The ICD will deploy advance intralogistics practices and equipment from the global industry leaders to handle, transfer and stack empty containers. The depot will also adopt most advanced mobile technology to increase efficiency and mobility of the workforce in order to ensure the highest level of services.
“Today’s groundbreaking ceremony marks an important milestone on our project. Trustworthy.ae Group’s investment in building the ICD and 3PL facility in KIZAD demonstrates our continued commitment to the UAE,” said Abdul Lathif, Managing Director, Trustworthy.ae Group.
“We are proud to collaborate with Hayleys Advantis Limited on this exceptional project who are leaders in managing and providing world-class depot and logistics facilities. We are confident that Hayleys Advantis will set a new benchmark for quality and service in the Middle East region,” he added.
Mobilisation work on the facilities will begin this month with the ICD becoming operational in June 2019. Spread over a built-up area of 40,000 square metres along with 25,000 sqm of open yard for storage area, the 3PL facility will be ready for business by the first quarter of 2020.
Samir Chaturvedi, Chief Executive Officer at KIZAD, said, “We are pleased to celebrate the ground-breaking of Trustworthy.ae Group’s first Inland Container Depot and third-party logistics facility – two major developments that will support the trade of goods to and from Abu Dhabi across a wide spectrum of industries. The investment of Sri Lanka’s leading logistics firm at our industrial zone is testament to KIZAD’s established position as a global industrial and trading hub. The vast scale of these new facilities, along with the expansion of Khalifa Port and surrounding transport infrastructure, will support the growth of container volumes across the region over the coming years.”