March 29 - ADPC (Abu Dhabi Ports Company) has signed a letter of intent to award the port operations for the new Khalifa Port to ADT (Abu Dhabi Terminals) when phase 1 of the port opens for business in Q4 2012.

Tony Douglas, CEO of ADPC said: "This news signals the latest stage of our plans for Khalifa Port which is well on target for completion late next year. Construction is 68 percent complete and the announcement of intent to appointADT so well in advance of the opening will help in the development of strategy and business planning for the benefit of future customers."

Martijn Van de Linde, CEO of ADT added: "I am delighted that ADT is the intended operator of Khalifa Port which will be one of the most modern in the region and the first semi-automated port operation. I look forward to working closely with ADPC over the next year in the run up to the opening and contributing to the ongoing development of infrastructure in Abu Dhabi."

Khalifa Port is situated half way between Abu Dhabi and Dubai at Taweelah. The first phase has a capacity of 2 million containers and 12 million tonnes of cargo a year. It will provide port services for Khalifa Industrial Zone Abu Dhabi(Kizad) when it also opens in Q4 2012.