AD Ports Group and SPG Yantai Port signed a preliminary strategic agreement to establish sustainable automotive industrial parks, promoting vehicle trade between Asia, the Middle East, and North Africa and boosting sustainable energy.
The parties will combine their infrastructure, market positions, and expertise to deliver an efficient supply chain for both new and used vehicles. The initiative will leverage China’s position as the world’s largest automotive market, with significant export potential, alongside Abu Dhabi’s role as a rapidly growing commercial and logistics hub.
According to the agreement’s terms, the parties will explore the establishment and operation of an integrated network of bilateral terminals and automotive hubs, connecting the Asia-Pacific Green Automotive Circular Economy Industrial Park in Yantai, Shandong, with AD Ports Group’s terminals and automotive hubs in the United Arab Emirates and other key countries, to create a smooth and efficient vehicle supply chain.
The development of state-of-the-art automotive hubs integrated into the ports will be considered, using AI-based technologies to enhance operational efficiency and generate competitive advantages in the automotive logistics sector. This will include exploring sustainable energy initiatives, leveraging SPG Yantai Port’s advanced energy infrastructure and logistics capabilities, along with AD Ports Group’s strategic location in the Middle East and its role in supporting the region’s thriving energy sector.
Captain Ammar Al Shaiba, CEO of the Maritime and Shipping Cluster at AD Ports Group, stated that “building on our long-standing relationship with SPG Yantai Port, this strategic agreement reflects our shared vision of strengthening trade and logistics links between China, the United Arab Emirates, and global markets at large.
The development of integrated green automotive industrial parks will elevate Abu Dhabi’s role as a key hub for the automotive market, contributing to economic diversification, driving a circular economy, and creating sustainable value for customers in Asia, the Middle East, and North Africa.”
In recent years, with the continuous increase in the international influence of Chinese automobile brands, used car exports are opening a significant period of development opportunities. As the largest foreign market for Chinese used car exports, the strategic position of the United Arab Emirates is particularly significant.
The strategic cooperation between SPG Yantai Port and AD Ports Group, based on the complementary advantages of both parties in the fields of port operation, logistics network, and marketing channels, offers strategic synergy value and will strongly drive the deepening of economic and trade exchanges between the two countries.
