Abu Dhabi Ports Group signed an agreement with Metal Park Investments Middle East to establish an integrated complex for metal industries in Kizad.
The agreement was signed in the presence of Captain Mohamed Juma Al Shamsi, Managing Director and CEO of Abu Dhabi Ports Group, and Abdullah Al Hamli, Head of Economic Cities and Free Zones Sector Abu Dhabi Ports Group; Saleh Shahristani, Chairman of the Board of Directors of Metal Park Investments Middle East.
Khalifa Industrial Zone Abu Dhabi (KIZAD), is an industrial hub in the capital city which is away from the residential areas. The development officially opened in 2012, extending all the way to the main Abu Dhabi ports.
AD Ports Group’s subsidiary Kizad, which is spread across 410 square kilometres, is strategically located between Abu Dhabi and Dubai with the deepwater Khalifa Port as its maritime gateway.
The aim was to develop the first industrial free zone in Abu Dhabi and promote foreign ownership. Today, it is the region’s largest free zone.
The new complex in Kizad provides great flexibility in terms of the required spaces and meets all the needs of companies operating in the sector, irrespective of the fact that they are suppliers or manufacturers of metals in the United Arab Emirates.
It extends over an area of 450,000 square meters and will include facilities for storing and handling minerals, as well as all Processing and manufacturing processes. It provides easy access to research and development centres, as well as modern office spaces and financial services that customers require.
The complex offers unique solutions for production planning and capabilities, flexible policies regarding contract terms and termination.
It also allows easy access to financial service providers and human resources, keeping operational performance at its highest levels.
In addition, the complex allows customers to benefit from the latest technology systems for enterprise resource management, which makes it easier for companies to reduce the time required to complete administrative operations and employ these innovative technologies to take their business towards a new horizon.
“The Metal Park in Kizad will create an ecosystem that helps metal service providers grow their business and adapt to market trends and conditions quickly and effectively, so they can plan for the future without constraint,” said Abdullah Al Hameli, head of economic cities and free zones cluster at AD Ports Group.
“The metal industry provides crucial commodities for the development of buildings, automobiles, appliances and toolmaking, making it an essential sector for the UAE’s continued growth and prosperity,” Mr. Al Hameli said.
The Metal Park will support storage and handling, processing and fabrication activities, the statement said. It will also offer access to research and development amenities, rental office space, and associated financial services.
“The Metal Park will revolutionize the steel fabrication industry and transform it into a win-win economy by providing a platform for metal services to be more efficient financially, economically and environmentally,” said Saleh Shahrestani, chairman of Abu Dhabi-headquartered Metal Park Investment.
“Membership at the Metal Park will enable our clients to expand their businesses at times of growth with little capital and at times of economic downturn, giving them the ability to reduce their operating costs,” Mr. Shahrestani added.
The strategic location of Metal Park in KIZAD also offers businesses a fully integrated trade and logistics platform that facilitates expansion efforts across the region. Located near Khalifa Port, KIZAD provides customers with world-class infrastructure, competitive utilities, in addition to direct access to a multi-transport network that links overseas, road, and air, as well as rail in the future.
