Abu dhabi: AD Ports Group and SPG Yantai Port, a major government-owned enterprise operating in East China’s Shandong province, have entered into a preliminary strategic agreement aimed at establishing green automotive business parks. This collaboration seeks to enhance vehicle trade between Asia, the Middle East, and North Africa, while emphasizing sustainable energy practices.
According to Emirates News Agency, the partnership between AD Ports Group and SPG Yantai Port is a strategic move to create a comprehensive China-Middle East-Africa automotive logistics corridor. By combining their infrastructure, market positions, and expertise, the parties aim to establish an efficient supply chain for both new and second-hand vehicles. This initiative will capitalize on China’s status as the world’s largest automotive market with substantial export potential, alongside Abu Dhabi’s emergence as a rapidly growing trade and logistics hub.
As part of the agreement, the entities will explore the development and operation of an integrated bilateral terminal and auto hub network. This network will connect the Asia-Pacific Green Automotive Circular Economy Industrial Park in Yantai, Shandong, with AD Ports Group’s automotive terminals and hubs in the UAE and other key countries, facilitating a seamless vehicle supply chain. The plans include the creation of state-of-the-art auto hubs within ports, utilizing AI-driven technologies to enhance operational efficiency and provide competitive advantages in the automotive logistics sector.
The collaboration will also explore sustainable energy initiatives, leveraging SPG Yantai Port’s advanced energy infrastructure and logistics capabilities. AD Ports Group’s strategic location in the Middle East, coupled with its role in supporting the thriving energy sector, further underlines the potential benefits of this partnership. Captain Ammar Al Shaiba, CEO of Maritime and Shipping Cluster at AD Ports Group, highlighted that the development of these integrated green automotive industrial parks will bolster Abu Dhabi’s position as a key hub for the automotive market, contributing to economic diversification and supporting a circular economy.
With the international influence of Chinese automobile brands on the rise, China’s second-hand car export market is experiencing significant growth opportunities. The UAE, as the largest overseas market for these exports, holds particular strategic importance. The cooperation between SPG Yantai Port and AD Ports Group, leveraging their complementary strengths in port operations, logistics networks, and market channels, promises substantial strategic synergy value. This partnership is expected to significantly deepen economic and trade exchanges between China and the UAE.