"Abu Dhabi Ports" Invest in a grain terminal "Sarzha" New in the port of Korek, Kazakhstan
ABU DHABI, 14 JANUARY / WAM / Abu Dhabi Ports Group signed an establishment agreement with Simorg Invest LLC – Simorg, the owner and developer of the Sarzha multi-purpose marine terminal in the port of Kurik in Kazakhstan.
Under this agreement, Abu Dhabi Ports Group owns a 51% stake, while Simurgh owns a 49% stake in the joint project, the new grain terminal at Korek Port, where the capacity of the terminal during the first phase in which work has begun will reach 570 thousand tons. of grain shipments annually.
With the completion of the second phase, the plant’s capacity is expected to increase significantly to 1.5 million tons annually.
Total investments in the Sarzha Grain Terminal exceeded US$50 million across two phases, with Abu Dhabi Ports Group contributing a share of more than US$30 million.
The first phase of the development of the Sarzha grain terminal is scheduled to be completed in the second half of 2026, as it will contribute to supplying global food trade, and will connect Kazakhstan with Europe via the international transport route in the Caspian Sea, and via the network of sea and dry ports in Central Asia.
Abdul Aziz Zayed Al Shamsi, Regional CEO of Abu Dhabi Ports Group, said: “The partnership with Simorg is an important step within Abu Dhabi Ports Group’s strategy to consolidate its presence along the Middle Corridor, which reflects our commitment to strengthening the global food security system, and our efforts to implement the UAE’s National Strategy for Food Security, following the directives of the leadership.” Al-Rashida, and this investment confirms that our group continues to expand its presence in the Central Asia region, especially in Kazakhstan.
He added that the Sarzha Grain Terminal will increase the grain handling capacity and enhance operational efficiency in the port of Korek. We also aim to benefit from modern technologies and sustainable practices, and provide a flexible and reliable food supply chain, in a way that meets the growing demand for food around the world. This also… The project embodies our commitment to the principles of innovation, sustainability and continuing to achieve strategic growth.
For his part, Nurzan Marabayev, General Manager of Simorg Invest LLC, said that the partnership with Abu Dhabi Ports Group is a new impetus for the development of the Middle Corridor, and confirms Simorg Invest’s commitment to continuing development efforts and implementing the road map aimed at enhancing the capabilities of the transportation and logistics network. Which was adopted by the Government of the Republic of Kazakhstan until 2030. This project aims to diversify the ways of exporting Kazakh goods, and increase export and transit transport capabilities from Through the Caspian Sea, supplying the economy of the Mangystau region.
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