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Agthia Group expand Abu Dhabi Ports footprint

Agthia Group expand Abu Dhabi Ports footprint
Agthia Group, a leading Abu Dhabi-based food and beverage company, is to expand its footprint at Zayed Port after signing a 25-year lease agreement with Abu Dhabi Ports.

The contract incorporates an additional 85,700 sq m plot of land which will include dedicated bulk grain silos, logistics warehousing and onsite bagging facilities when fully developed.

It will expand Agthia Group’s existing “Grand Mills Flour and Animal Feed” facilities at Zayed Port, the emirate’s oldest terminal in the city centre.

The new agreement was signed by Captain Mohamed Juma Al Shamisi and Iqbal Hamzah, the ceo’s of Abu Dhabi Ports and Agthia Group respectively.

Al Shamisi said Abu Dhabi Ports were committed to partnerships and investing in the equipment available at Zayed Port given the positive impact it had on Abu Dhabi’s economy.

“This agreement is an important addition to our list of partnerships that will contribute towards driving the investment, growth and development of the trade and maritime sectors,” Al Shamisi said.

“This expansion undertaken by Grand Mills, a subsidiary of Agthia, is an important economic boost that will support the growth and progress of the food and beverage sector [and] cater to the needs of the local consumers.”

Established as Flour Mills and Animal Feed Company in 1978 by the late HH Sheikh Zayed bin Sultan Al Nahyan, Grand Mills describes itself as one of the few true heritage companies of the UAE. As a subsidiary of Agthia Group since 2004, Grand Mills manufactures and supplies its flour and animal feed products across the UAE, to other Gulf Cooperation Council (GCC) members, Turkey and the wider Middle East.

“Our current production capacity utilisation rate at Grand Mills is at around 90% levels. When combined with our business growth projections, this necessitates an expansion in both our milling and storage capacity beyond 2017,” Hamzah said.

“In this regard, Agthia has already started undergoing the construction of an additional 50,000 ton capacity grain silo on Abu Dhabi Ports’ existing plot. This agreement will secure supplementary land essential for future expansion right adjacent to Agthia’s current facilities.”

TAGS: Ports Regions