UAE - Mubasher: Abu Dhabi Ports has inked a 50-year land lease agreement with Anchorage Investment to establish grain storage and processing plants at Khalifa Port, the Abu Dhabi media office reported.
To be operated within the first quarter (Q1) of 2021, the facility will be managed by Abu Dhabi-headquartered National Feed, an agro commodity processor.
The 100,000 square metres plant will have an initial design capacity of 300,000 metric tonnes.
The facility will produce key food and animal feed ingredients in order to ensure food security in Abu Dhabi, as it will house several grain silos capable of storing grain for an extended period.
The Head of Ports Cluster at Abu Dhabi Ports, Saif Al Mazrouei, said: "Furthering the capabilities of our multi-purpose port and bolstering our ongoing activities within the region’s food supply chain, the operation will introduce several key advantages for the benefit of new and existing manufacturing customers."
Meanwhile, the General Manager of National Feed, Edward Hamod, commented: "With its deep-water capabilities, a strategic geographical location, and access to an extensive road and future rail network, Khalifa Port will unlock new opportunities for National Feed."