Abu Dhabi is witnessing economic growth and increasing adoption of sustainable practices and circular economy
Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi (Kezad) Group, said Abu Dhabi Ports Group’s economic cities and free zones have helped the group achieve record results in leasing new land.
The group’s leased land is estimated to total 3.9 sq km in the first half of 2022, highlighting the growing demand for integrated industrial and trade hubs, especially in Abu Dhabi.
In his statement, Ahmed noted that Abu Dhabi Ports Group is eager to ensure that its long-term strategies for Abu Dhabi and the UAE are generally aligned. It is keen to help the emirate become a hub for international trade, industry and logistics.
Kezad CEO Mohamed Al Khadar Al Ahmed highlighted Kezad’s role in managing the planning, development, operation, organization and promotion of its properties. — Wow
Within this framework, Kezad was launched as one of the group’s economic cities and free zones to offer a wide range of services and business models. This will allow the company to grow, in line with the vision of the UAE leadership and Abu Dhabi’s industrial strategy, he added.
Kezad has more than 1,750 companies in 17 industries, including pharmaceuticals, mining, automotive, plastics, construction materials, recycling, food, agtech, retail, logistics, advanced technology, clean energy, life sciences, oil and gas, and specialty chemicals , he further added.
This step follows the successful merger of Kezad and ZonesCorp under the former entity. Al Ahmed said this includes 17 industrial hubs covering an area of 550 square kilometers to cater to the needs of various key industries and build a diverse portfolio of services and products.
While redefining the purpose of setting up Kezad, he highlighted that Abu Dhabi is witnessing economic growth and increasing adoption of sustainable practices and circular economy. As part of efforts to accelerate this growth, Abu Dhabi Ports Group has been keen to play a pioneering role in the emirate’s business community through the development of economic cities and free zones.
He further said that the Kezad Group drives the UAE’s industrial strategy by providing a flexible platform for local and international companies targeting the Middle East. It aims to attract new companies that will help expand the UAE’s manufacturing sector, targeting a value of AED172 billion by 2031.
He added that increasing the number of companies will help expand the labor market for Emirati nationals and achieve the Abu Dhabi Industrial Strategy’s target of creating 13,600 jobs.
Al Ahmed then highlighted Kezad’s role in managing the planning, development, operation, organization and promotion of its assets, which include 12 economic zones covering 550 square kilometers, including a 100 square kilometer free zone, a 300,000 square kilometer kilometers of logistics warehouses and more than 40 residential areas for employees.
He added that through the merger of Kezad and ZonesCorp, the former now provides clients and companies across all industries with a broad and integrated range of services, as well as various options related to land and location, while offering competitive prices.
He explained that Abu Dhabi Ports Group launched Kezad to develop integrated facilities and services (Kezad Communities) to improve the well-being of employees and their living areas in the emirate.
“In line with the circular economy goals set by the emirate’s industrial strategy, the economic zones and free zones aim to attract investment to support sustainable manufacturing efforts in areas such as the textile and packaging industries,” Al Ahmed said. The group has successfully created the playing field for the global trade and logistics as well as digital services and advanced infrastructure industries.
Talking about the group’s role in ensuring food security, he emphasized that the construction of Kezad Abu Dhabi Food Center is a collaboration between Abu Dhabi Ports Group and Ghassan Aboud Group, and in cooperation with Rungis, the largest fresh food wholesale market in Abu Dhabi. world. — Wow