ADG Global Supply Limited (ADG) has announced it has entered into ajoint venture with Airland Projects.
It says the aim of the JV is to create a project logistics, procurement and supply chain management to meet the needs of major mining projects.
The new JV is currently targeting major projects in the African continent and is in contract negotiations with various parties.
Airland Projects is a subsidary of global logistics group Airland Logistics. They are also a member of the HTFN Worldwide Logistics Network.
Speaking about the joint venture, Tony Berson, Managing Director of Airland said, “the combined capabilities and strong cultural fit between our two companies creates a unique service offer. This JV formalises our relationship with ADG and has stemmed from our successes with partnering ADG on other major projects.”
ADG has been involved with mining and exploration companies throughout Africa for over 7 years. Over the past 12 months ADG commissioned an internal review to scope infrastructure and capabilities to support the strong growth in the African region.
The review showed over 1432 projects in Africa (escalating from 250 in 2003), with the exploration budget in the region sitting at 1.38 billion dollars – higher than that of Australia [sourced from MEG World Exploration Trends 2011].
The review also found that approximately 20% of projects are driven by Australian based companies.
John Mancini, ADG Managing Director commented, “Africa is a resource rich continent with an extremely complex market covering 53 countries and a political and legal environment that is advancing along with GDP".
"The simple fact is, we know the region well and our experience working in these complex dynamics provides our clients a unique value proposition of industrial product supply, global procurement, supply chain management and project logistics (which incorporates the new JV with Airland) tailored to meet demands of this challenging environment.”
ADG is set to provde an announcement shortly on the contract outcomes of which the JV is currently negotiating.