Mumbai, India – Abu Dhabi Ports Group announced that Khalifa Economic Zones Abu Dhabi – Kizad Group, the largest operator of integrated and specialized economic zones in the region, has signed two flattening agreements with two leading Indian companies.
They are the “Jandal Su Group” and the “Haldiram Group”, with huge investments exceeding 1.1 billion dirhams.
Under the two investments, the two companies will develop industrial facilities extending over a total area of more than 514 thousand square meters in both Kizad Maamoura and ICAD – Kizad Musaffah.
These investments will contribute to enhancing the industrial attractiveness of the Emirate of Abu Dhabi and consolidating its position as a major center for advanced manufacturing, food production, and industries related to the energy sector.
In line with Abu Dhabi’s industrial strategy, and supports the UAE’s industrial development and economic diversification goals.
The two agreements were signed during the visit of a delegation from the Kizad Group to Mumbai, as part of the activities of the “Abu Dhabi Investment Forum – Mumbai”.
Which was organized in cooperation between the Abu Dhabi Investment Office and the Department of Economic Development – Abu Dhabi.
On this occasion, Abdullah Al Hamli, CEO of Economic Cities and Free Zones at Abu Dhabi Ports Group, welcomed the joining of Haldiram Global and Jindal Su to Kizad.
This is in a step that reflects the leadership of the Emirate of Abu Dhabi in developing a strong industrial system that enjoys the confidence of international investors and provides an integrated investment environment that supports large-scale advanced manufacturing.
He expressed his hope that these projects would contribute to providing new opportunities for skilled workers and enhancing the capabilities of the industrial sector.
This confirms the commitment to advancing the sustainable development process in all industrial sectors in the UAE.
These projects are in line with the objectives of Abu Dhabi’s industrial strategy aimed at developing the manufacturing sector in the emirate.
In addition to accelerating the adoption of modern technologies and increasing the added value of local products.
These investments would enhance the capabilities of specialized industrial complexes in Kizad, especially in the food, minerals and energy sectors.
Which contributes to providing new job opportunities and supporting efforts to diversify economic sectors.
