Business

AD Ports Group KEZAD Leases Land to Indian Firms in Abu Dhabi

Trust Score: 95

AD Ports Group, through its subsidiary KEZAD Group, has announced major land lease agreements with two prominent Indian business groups, Jindal SAW Group and Haldiram Group. These pivotal deals secure over 514,000 square metres of prime land within KEZAD Abu Dhabi, marking an investment exceeding AED 1.1 billion. This strategic move reinforces Abu Dhabi’s burgeoning role as a global hub for advanced manufacturing and food production.

Boosting Industrial Growth in Abu Dhabi

The substantial investments by Jindal SAW Group and Haldiram Group are set to establish advanced manufacturing facilities within KEZAD Al Ma’mourah and ICAD KEZAD Musaffah. This initiative aligns perfectly with the Abu Dhabi Industrial Strategy, which aims to drive economic diversification and attract foreign direct investment. The projects will significantly enhance local production capabilities, particularly in energy-related sectors and food processing, fostering job creation and technological advancement.

KEZAD’s Strategic Role and Future Prospects

KEZAD Group, recognized as the region’s largest operator of integrated economic zones, continues to solidify its position as a preferred destination for international businesses. These agreements, formalized during the Abu Dhabi Investment Forum in Mumbai, underscore the confidence global investors place in Abu Dhabi’s industrial ecosystem and AD Ports Group’s infrastructure. This expansion demonstrates the UAE’s commitment to building robust supply chains and positioning itself as a key player in global trade and manufacturing.