AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, has signed a shareholder agreement with Avesto Group, one of Tajikistan’s largest private industrial conglomerates, to establish a new joint venture company that will deliver integrated logistics and freight forwarding services across the country.
Under the agreement, the joint venture will act as an asset-light freight forwarder in its initial phase, with exclusive rights to consolidate and manage all freight and logistics activities of Avesto Group’s subsidiaries, and provide services to third party clients in the market.
The transaction represents a strategic advancement in AD Ports Group’s efforts to expand its Middle Corridor footprint and strengthen east-west trade connectivity.
AD Ports said the partnership enhances the Group’s presence in Central Asia, providing access to critical land-based trade networks that connect Tajikistan to regional markets before traversing the Caspian Sea and continuing through Azerbaijan and Georgia toward Europe.
One of Tajikistan's key private-sector champions, Avesto Group operates more than 30 major businesses and manufacturing plants across various sectors and maintains partnerships with eight leading international joint venture partners.
The Joint Venture will be established with AD Ports Group holding a 51% majority stake and Avesto Group holding the remaining 49%. The partnership is structured in phases to support long-term growth and operational expansion.
Abdulaziz Zayed Al Shamsi, Regional CEO of AD Ports Group, said: "This partnership marks an important milestone in our continued expansion across Central Asia. Tajikistan’s growing industrial base and strategic location present significant opportunities for developing advanced logistics capabilities that support regional trade flows."
"Through our collaboration with Avesto Group, we aim to deliver world-class logistics solutions that strengthen the Middle Corridor and reinforce our position as a global trade enabler," he stated.
Muhamad Mirzo, General Director of Avesto Group, said: "As a key driver of Tajikistan’s industrial sector, Avesto Group is committed to connecting our nation’s products to the world. Partnering with a global leader like AD Ports Group allows us to transform Tajikistan’s logistics landscape."
"Together, we are not just moving freight, we are building a modern strategic gateway that connects Central Asia to global markets and unlocks new economic potential for the entire region," he added.-TradeArabia News Service