Abu Dhabi, UAE – Khalifa Economic Zones Abu Dhabi – Kizad Group, one of the largest operators of integrated and specialized economic zones in the region, announced the development of the “Kizad Center for Small and Medium Enterprises” project.
The center will constitute an integrated platform dedicated to development and entrepreneurship. It is the first project of its kind developed by the group to support small and medium-sized companies and enhance their ability to establish and expand within the emirate.
The new center, expected to be delivered before the end of this year, extends over an area of 25,260 square meters in the “Kizad-A” and “Kizad Maamoura” areas. The design was designed with a practical vision to bridge the gap between the early stages of establishing companies and the ambition to grow and expand, as it forms a bridge between business incubators and advanced industrial zones.
The center primarily aims to enable emerging projects to easily move from the establishment stage to production and distribution on a large scale within an integrated economic system.
supporting acts
The center’s strategic location enhances its ability to support business, as it is directly linked to Khalifa Port and the Etihad Rail network. It allows access to more than 75% of cities and urban centers in the UAE within a short period of time not exceeding 90 minutes. This makes it an ideal launching pad for companies and startups, opening up broader horizons for growth and expansion.
The center, which is being developed with investments amounting to 112 million dirhams, provides an integrated and innovative model that combines micro-industrial units and office suites within a unified system. Which enables companies and small and medium enterprises to manage their daily operations more efficiently. As well as organizing logistics services and reducing operational costs. Moreover, the presence of companies within an integrated and homogeneous business community opens up broader prospects for cooperation and partnership formation across supplier networks and shared services.
The center includes 175 flexible and equipped industrial units, with areas starting from 100 square metres, and these units support an integrated system that includes a specialized business center. In addition to the possibility of taking full advantage of the advanced infrastructure and business support services provided by Kizad in its economic zones.
Diversifying Abu Dhabi’s economy
It is noteworthy that small and medium enterprises constitute 94% of the total companies operating in the UAE. It contributes about 64% of the country’s non-oil GDP.
In the Emirate of Abu Dhabi, the sector represents approximately 98% of the total companies operating in the emirate, and provides job opportunities for the equivalent of 46% of the workforce. It contributes about 43% of the emirate’s non-oil GDP. In light of expectations indicating that the number of small and medium-sized companies will reach one million by 2030. Its development remains a key pillar in the emirate’s economic diversification process.
Small and medium enterprises are a fundamental pillar in the structure of the local economy of the Emirate of Abu Dhabi. It plays an important role in driving industrial development and providing job opportunities.
In line with the vision of the UAE leadership, Kizad Group continues to empower the sector by supporting small and medium-sized companies in the establishment stages. By providing a stimulating environment for growth, which enhances the ability of startups to expand and transform into leading industrial and economic entities.
As an extension of these efforts, Kizad Group signed a memorandum of understanding with the Emirates Growth Fund to support the development of small and medium-sized companies in the Emirates. Through the integration of the industrial and logistics system provided by KIZAD with the development capital and strategic support provided by the Fund.
The cooperation aims to enable companies with promising potential to access the resources, infrastructure and guidance necessary to expand their business. And strengthening its presence in regional and global markets.
