AD Ports Group (ADX: ADPORTS), a leading global provider of integrated trade, industrial, and logistics solutions, has announced the signing of a shareholders’ agreement with Avesto Group—one of Tajikistan’s largest diversified holding companies—to establish a joint venture delivering integrated logistics and freight forwarding services.
In its initial phase, the joint venture will operate under an asset-light model, providing freight forwarding services without owning significant physical assets.
The joint venture will be established with a shareholding structure of 51% owned by AD Ports Group and 49% by Avesto Group. The partnership will be implemented in phases and is focused on long-term growth and the expansion of operational activities.
Avesto Group manages more than 30 companies across various sectors and cooperates with eight leading international partners on joint projects, positioning itself as one of the key private-sector leaders in Tajikistan.
Abdulaziz Zaid Al-Shamsi, Regional CEO of AD Ports Group, noted that the partnership represents an important step in expanding the Group’s presence in Central Asia and will enable the development of advanced logistics solutions supporting regional and international trade flows.
Muhammad Mirzo, CEO of AVESTO Group, emphasized that cooperation with a global logistics leader will help transform the country’s logistics ecosystem and create a strategic gateway connecting Central Asia with global markets.
The transaction strengthens AD Ports Group’s position in the Middle Corridor and contributes to the development of East–West trade routes linking Tajikistan with European markets via the Caspian Sea, Azerbaijan, and Georgia.