AD Ports Group announced the signing of a Shareholder Agreement with AVESTO Group to establish a new joint venture company that will deliver integrated logistics and freight forwarding services across the country.
Under the Shareholder 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 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, stated that Tajikistan’s growing industrial base and strategic location present significant opportunities for developing advanced logistics capabilities that support regional trade flows.
Muhamad Mirzo, General Director of AVESTO Group, commented that partnering with a global leader like AD Ports Group allows us to transform Tajikistan’s logistics landscape.
The transaction represents a strategic advancement in AD Ports Group’s efforts to expand its Middle Corridor footprint and strengthen east-west trade connectivity.
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.
