AD Ports acquires 60% stake in Tbilisi Dry Port

AD Ports Group has signed a purchase agreement with Inveco LLC to acquire a 60% ownership stake in Tbilisi Dry Port.

This new custom-bonded and rail-connected intermodal logistics hub in Georgia, currently owned by Inveco LLC and Wilhelmsen, is scheduled to become operational by the fourth quarter of 2024.

Positioned along the strategically vital Middle Corridor, this project is a crucial logistics hub linking manufacturing centres in Western Asia to consumer markets in Eastern Europe through a...

https://container-news.com/ad-ports-acquires-60-stake-in-tbilisi-dry-port/

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