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AD Ports Group signs land lease agreement with Audex, Abu Dhabi

by Kevin Vaz
April 1, 2023
in Ports

Audex to set up an engineering fabrication facility at Khalifa Port

Audex
The AD Ports – Audex MoU signing ceremony

AD Ports Group recently signed a land lease agreement for 30 years with Audex, a wholly owned subsidiary of PEC, a leading integrated project and maintenance solutions provider to the energy, petrochemical, terminal and pharmaceutical industries, with fabrication facilities spread across Asia and the Middle East.  

The AD Ports Group’s agreement with Audex will involve the EPC company setting up their engineering fabrication facilities in UAE at Khalifa Port close to the east berth. The investment in the facility will be made by Audex. The move will facilitate setting up a fully dedicated single source facility in Abu Dhabi that will support EPC and modular process and gas compression projects as well as maintenance projects.

“We are proud that Audex has recognised the strategic location and capabilities of Khalifa Port, and we are confident that our infrastructure, digital solutions and services will allow them to deliver on their role as an EPC contractor within this region and beyond,” noted Saif Al Mazrouei, CEO, Ports Cluster, AD Ports Group.

“With this new investment in an engineering fabrication facility at Khalifa Port, we will be able to take advantage of its strategic location and extensive international network to further expand our footprint to support the Group’s modular business, Engineering, Procurement & Construction (EPC) works and maintenance services in the UAE and around the region,” stressed Robert Dompeling, CEO, PEC Group.

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Tags: AD Ports GroupAudexMaritimeMOUNews
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