Latest news with #AlHameli
Trade Arabia
11-03-2025
- Business
- Trade Arabia
Metal Park launches first phase of its Abu Dhabi storage hub
UAE-based Metal Park has announced the launch of the first phase of its premium storage hub in Khalifa Economic Zones Abu Dhabi (Kezad). The storage hub will offer world-class storage solutions and support services for businesses in the region. Located in Kezad Free Zone, the Metal Park Storage Hub is the world's first pay-as-you-go solution for the metal industry and the first independent warehouse for metal storage. Metal Park aims to complete the AED110 million ($30 million) storage hub in three phases with a combined storage capacity of 350,000 metric tonne and 54,000 cu m of shelved storage exclusive to metals. Phase One of the project spans around 93,000 sqm and will feature 26 overhead cranes up to 40MT and 55 loading bays for trucks and automated guided vehicles (AGVs), with the capacity to load and offload 48,000MT in a day. Other sophisticated features include vertical storage capability, truck loading way with cantilever system, three weighbridges – 2x15 m length, each with a weighing capacity of 150MT, and 1x30 m with a weighing capacity of 150MT. The Storage Hub functions as a gated community with 24x7 surveillance and security modalities in place, said a statement. Strategically located in Kezad Free Zone, the storage hub has direct access to Khalifa Port via a modular road, as well as Etihad rail network, and highways connecting Abu Dhabi to Northern Emirates and the GCC region. Abdullah Al Hameli, CEO of Economic Cities and Free Zones at AD Ports Group, said: "The opening of the first-of-its-kind Storage Hub marks a significant milestone in the journey of Metal Park as well as AD Ports Group's Economic Cities & Free Zones." "We are committed to the growth of ecosystems that are driven by innovation and prove to be the catalyst for industrial growth in Kezad, contributing to the diversification and growth of Abu Dhabi's economy," stated Al Hameli. Metal Park Chairman Saleh Shahrestani said that as the region's first metal fulfilment centre, it will help traders and stockists reduce excess overhead costs in a fluctuating metal market.
Gulf Business
11-03-2025
- Business
- Gulf Business
Metal Park launches Dhs110m storage hub in KEZAD
Image: Supplied Metal Park has launched the first phase of its Dhs110m ($30m) Storage Hub in Khalifa Economic Zones Abu Dhabi (KEZAD), introducing the world's first pay-as-you-go storage facility for the metal industry. The hub, located in The facility is its first independent metal storage warehouse, aimed at providing businesses with advanced logistics solutions. Phase one spans approximately 93,000 square metres and includes 26 overhead cranes with capacities of up to 40 metric tonnes, 55 loading bays for trucks and automated guided vehicles (AGVs), and the ability to load and offload 48,000 metric tonnes daily. Additional features include vertical storage, a cantilever truck loading system, and three weighbridges, with two measuring 15 metres and one at 30 metres, each with a weighing capacity of 150 metric tonnes. The facility is designed as a gated community with 24/7 surveillance. The strategic location of the Storage Hub provides direct access to Khalifa Port via a modular road and connectivity to the Etihad Rail network and major highways linking Abu Dhabi to the Northern Emirates and the Gulf Cooperation Council (GCC) region. Major milestone for KEZAD and Metal Park Abdullah Al Hameli, CEO of Economic Cities & Free Zones at AD Ports Group, said the launch marks a major milestone for Metal Park and KEZAD's growing industrial ecosystem. 'We are committed to the growth of ecosystems driven by innovation, acting as catalysts for industrial expansion in KEZAD and contributing to Abu Dhabi's economic diversification,' Al Hameli said. Saleh Shahrestani, chairman of Metal Park, emphasised the hub's potential to enhance efficiency and reduce costs for the metal industry. 'As the region's first metal fulfillment centre, it will help traders and stockists manage costs in a volatile market while allowing manufacturers to optimise production space and expand distribution networks,' Shahrestani said. KEZAD Group, a subsidiary of
