News / CMA CGM signs 35-year deal for new Abu Dhabi box hub

CMA CGM and the Abu Dhabi Ports Group (ADPG) today signed a 35-year concession to jointly develop a new container terminal at Khalifa Port.

The joint-venture development – 70% held by the French carrier’s port operating subsidiary CMA CGM Terminal, and the remaining 30% by ADPG – will reach a combined investment of $154m into the project’s first phase, which will see an 800-metre quay built with an annual handling capacity of 1.8m teu.

Construction of the terminal is scheduled to begin ...