Growing demand from manufacturers in the metals, food, automotive, tech and chemical industries is driving the growth of the industrial sector
AD Ports Group has announced that more than 2.2 million square meters of its Industrial Cities & Free Zone hub have been leased in the first half of 2021 to local, regional and international companies, a clear indication that demand for industrial land continues to accelerate despite the impact of the COVID-19 pandemic on businesses.
AD Ports Group’s Industrial Cities & Free Zone cluster, consisting of Khalifa Industrial Zone Abu Dhabi (KIZAD) and ZonesCorp, has a total of 550 square kilometers of industrial and commercial land. Demand has increased throughout 2021, especially in key economic sectors such as metals, food, automobiles, technology and chemicals.
Additionally, KIZAD and ZonesCorp reported significant increases in foreign direct investment in the first half of 2021, with demand from several adjacent sectors including e-commerce, plastics, logistics and light manufacturing.
Abdullah Al Hameli, Head of Industrial Cities and Free Zone at AD Ports Group, said: to strengthen and grow. Through the vision of the UAE’s wise leadership, Abu Dhabi is rapidly evolving to become the optimal destination for manufacturing and investment in the region.
“By leveraging our strategic location, in the heart of the world and at the crossroads between east and west, Abu Dhabi’s industrial zones are rapidly transforming into global hubs for key sectors where businesses serve the needs of nearly 4.5 billion consumers in geographic regions.
Abu Dhabi’s industrial zones are currently home to more than 1,500 companies, including some of the world’s leading industrial players in a variety of sectors, including advanced manufacturing, life sciences and biopharma, food and agro -tech, machinery and equipment, shipping, logistics, chemicals and plastics.
The cluster is embarking on major projects such as The Life Science Park, which has been designed to meet the growing demand from vital sectors, such as pharmaceuticals, medical equipment, research and development, education, as well as other health-related sectors. .
AD Ports Group also recently announced the completion of 1.38 million m² of commercial and retail space at Rahayel Automotive and Mobility City, the region’s first integrated hub for the automotive industry to accommodate a full range of vehicles. automotive related businesses and support services.
AD Ports Group’s Industrial Cities and Free Zones cluster has served as a catalyst and catalyst for sustainable projects in the emirate. At KIZAD, Helios Industry, a private special projects vehicle (SPV) company, to invest more than AED 3.67 billion (US $ 1 billion) in the construction of a new ammonia plant green, which will produce 200,000 tonnes of green ammonia from 40,000 tonnes of green hydrogen.
At the same time, ZonesCorp is assisting in the development of ‘Block 7’, a new 820,000 square meter hub designed to function as a breeding ground for innovation-driven industries with state-of-the-art infrastructure, robust services and a unique configuration that connects living spaces leveraging ZonesCorp’s existing manufacturing ecosystem and serves as a platform for tech start-ups in Abu Dhabi.
Source: Abu Dhabi Ports Group