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AD Ports Group announced today that in August 2021, the number of licenses issued for the construction and building materials industries in its industrial cities and free zone clusters has reached 281, covering an area of ​​12,765,938 square meters.
As an important sector of the UAE economy, the total market size of the construction industry in 2020 is 101.45 billion U.S. dollars. According to analysts, the construction and building materials market in the UAE is very mature and is expected to reach USD 133.53 billion by 2026, with an annual growth rate of 4.69% throughout 2021-2026.
Abdullah Al Hameli, Head of Industrial City and Free Zone Cluster of AD Ports Group, said: “The building materials industry has achieved a huge rebound in the emirate due to the continuous incentives provided by the government in accordance with the government. The leadership is pushing the industry forward. Emirates. It has been attracting more construction and building materials companies that aim to seize opportunities in this growing industry and target local and regional markets.”
AD Ports Group’s industrial cities and free zone clusters The industrial cities and free zone clusters have an industrial and commercial land area of ​​more than 550 square kilometers and are home to more than 1,500 local, regional and international companies. Therefore, AD Ports Group is the industry leader More and more interested.
Mohamed Al Khadar Al Ahmed, Chief Executive Officer of ZonesCorp, said: “We have witnessed growing interest in the industry to take advantage of our strategic location in the industrial areas of Abu Dhabi and Al Ain and cater to the growing real estate market in the region.
“We are committed to ensuring the reliability of infrastructure in our sustainable and efficient ecosystem, taking into account the needs of the heavy industry, building materials and construction industries.”
ZonesCorp and KIZAD currently own some of the largest building materials companies, such as EGA, Emirates Steel, Emirates Float Glass, Exceed Group, Xtramix group, Talex and Porcella Tiles.
As part of AD Ports Group’s participation in the Big 5 Show in Dubai from September 12th to 15th, the company showcased opportunities in the emirate and attracted the interest of all parties who wish to establish an operating base in Abu Dhabi. The group’s industrial city and free zone clusters include KIZAD, the largest integrated trade, logistics and industrial center in the region, and ZonesCorp, one of the largest dedicated economic zone operators in the UAE.
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