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AD Ports Group to Form Logistics JV with Tajikistan's Avesto

MT Newswires·12/17/2025 06:14:00
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06:14 AM EST, 12/17/2025 (MT Newswires) -- Abu Dhabi Ports (ADX:ADPORTS), d/b/a AD Ports Group, agreed to form a logistics and freight forwarding joint venture with Tajikistan's industrial conglomerate Avesto Group. In its initial phase, the venture will provide asset-light freight forwarding services in Tajikistan, according to a Wednesday release. It will also hold exclusive rights to consolidate and manage all freight and logistics activities of Avesto's subsidiaries. It will be owned 51% by AD Ports, with Avesto holding the remaining 49% stake.