Sri Lankan logistics giant to operate 3PL hub and Inland Container Depot in KIZAD
Dubai-based investment firm Trustworthy.ae Group has broken ground on its first Inland Container Depot (ICD) and a third-party logistics (3PL) facility in Khalifa Industrial Zone Abu Dhabi (KIZAD), through a partnership with Sri Lankan logistics giant Hayleys Advantis Limited.
Hayleys Advantis, the transportation and logistics arm of multinational conglomerate Hayleys Group, will manage and operate the two facilities. Advantis brings forth over two decades of experience in ICD and 3PL management, with it operating multiple facilities across the South Asian region.
Trustworthy.ae Group's ICD and 3PL facility, located in close proximity to Khalifa Port, will stand to benefit from the expected rise of container volumes to 8.5 million twenty-foot equivalent units (TEUs) from the existing 1.5 million TEUs per annum over the next five years.
“We are delighted to be partnering the Trustworthy.ae Group on this project and look forward to serving the Abu Dhabi clientele,” said Ruwan Waidyaratne, managing director of Hayleys Advantis Limited.
“This being our first project in the Middle Eastern region, we are intent on making a meaningful impact by utilizing the experience and expertise we have developed over the years, by operating in multiple countries in the Asian region,” he added.
The groundbreaking ceremony was attended by Captain Mohamed Juma Al Shamsi, CEO, Abu Dhabi Ports; Samir Chaturvedi, CEO, KIZAD; Abdul Lathif, MD, Trustworthy.ae Group; Jalal Essudeen, executive director, Trustworthy.ae Group; Mohan Pandithage, chairman, Hayleys Group; Ruwan Waidyaratne, MD, Hayleys Advantis Limited, and other VIP guests.
"Today's groundbreaking ceremony marks an important milestone on our project. Trustworthy.ae Group's investment in building the ICD and 3PL facility in KIZAD demonstrates our continued commitment to the UAE," said Abdul Lathif, managing director, Trustworthy.ae Group.
"We are proud to collaborate with Hayleys Advantis Limited on this exceptional project who are leaders in managing and providing world-class depot and logistics facilities. We are confident that Hayleys Advantis will set a new benchmark for quality and service in the Middle East region," he added.
“The investment of Sri Lanka's leading logistics firm at our industrial zone is testament to KIZAD’s established position as a global industrial and trading hub. The vast scale of these new facilities, along with the expansion of Khalifa Port and surrounding transport infrastructure, will support the growth of container volumes across the region over the coming years,” said Samir Chaturvedi, CEO at KIZAD.
Mobilisation work on the facilities will begin this month with the ICD becoming operational in June 2019. Spread over a built-up area of 40,000 sqm along with 25,000 sqm of open yard for storage, the 3PL facility will be ready for business by the first quarter of 2020.
The ICD will offer washing, cleaning, repairs and certification for containers with an operational capacity of 1,500 to 1,800 trucks per day.
Major and minor container repairs will be served by a state-of-the-art workshop within the facility. The 3PL operations will cater to cold, ambient and open yard storage.