Latest news with #KezadGroup
The National
3 days ago
- Business
- The National
Kezad Group to create 'next generation' business district in Abu Dhabi
Khalifa Economic Zones Abu Dhabi Group (Kezad), the largest operator of integrated economic zones in the UAE, is developing a new commercial hub to attract more global investors to the emirate. The Kezad Business District (KBD) in Al Ma'mourah will be developed as an integrated mixed-use commercial hub that includes offices, retail, residential, lodging, education, professional training and leisure components, the group said in a statement on Wednesday. When completed, the district will serve as a site for investors to set up their regional headquarters, research and innovation centres, training facilities, service providers and educational institutions. Kezad will deliver a "next-generation business district that will further elevate Abu Dhabi's proposition to global investors," Abdullah Al Hameli, chief executive of Economic Cities and Free Zones at AD Ports Group, said. 'Aside from re-emphasising our commitment to provide our investors with end-to-end solutions to grow their businesses, Kezad Business District will offer development opportunities and catalyse new investments in the wider Kezad Al Ma'mourah master plan." Kezad Group is a subsidiary of Abu Dhabi Ports Group and its infrastructure and services span 12 economic zones in Abu Dhabi, Al Ain and the Al Dhafra Region, covering a total of 550 square kilometres. It provides strategic market access, lower operating costs and ease of doing business with more than 2,100 businesses from 17 key industrial sectors. Abu Dhabi's economy expanded by 3.8 per cent annually in 2024 to reach an all-time high of Dh1.2 trillion as the emirate's non-oil sector continued to grow amid its diversification push. The emirate's non-oil sector during the 12-month period grew 6.2 per cent to Dh644.3 billion, marking its highest annual contribution yet to the total gross domestic product at 54.7 per cent. Abu Dhabi is developing non-oil sectors from aviation to manufacturing as it seeks to diversify its economy from oil revenue. Initially planned over approximately three square kilometres, the business district area will be developed in phases, with infrastructure work currently under way, the group said. The district intends to allow for close collaboration between academia, businesses and industry, it added.
Trade Arabia
3 days ago
- Business
- Trade Arabia
New Kezad Business District to come up in Abu Dhabi
Khalifa Economic Zones Abu Dhabi - Kezad Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of Kezad Business District (KBD), Abu Dhabi's newest business destination. Strategically located with frontage at the gateway of the E11 arterial corridor between the UAE capital and northern emirates, Kezad Business District is part of the wider 410 sq km-Kezad Al Ma'mourah master development. Initially planned over approximately 3 sq km, the area will be developed in phases with infrastructure works currently underway. New developments include a 21,000 sq m office tower, sporting facilities and food and beverage (F&B) retail facilities adjacent to the Kezad Group HQ building, Kezad One. Kezad Business District is located along the E11 inter-emirate highway between Abu Dhabi and Dubai, and provides exceptional connectivity to all major logistics, industrial and business areas within short driving distance. Kezad Business District is planned as an integrated mixed use commercial hub that will enable close collaboration between academia, businesses and industry while having a thriving social pulse. The district is also advantageously located next to three landmark projects: the 70,000 sq m twofour54 media production campus; the 3.3 sq km Abu Dhabi Food Hub, and the 3.3 sq km Global Auto Hub – the latter two being developed by Kezad Group as part of a pioneering public-private investment. Abdullah Al Hameli, CEO, Economic Cities and Free Zones, AD Ports Group, said: 'The ambition and inventiveness that we have applied to developing and operating one of the world's most integrated, thriving and largest industrial ecosystems is the same one that we will employ to deliver a next-generation business district that will further elevate Abu Dhabi's proposition to global investors. The development of Kezad Business District continues Kezad Group's investment in Abu Dhabi's polycentric urban expansion, with Kezad Al Ma'mourah seen as a critical economic centre in the nation's future-forward growth strategies.' 'Aside from re-emphasising our commitment to provide our investors with end-to-end solutions to grow their businesses, Kezad Business District will offer development opportunities and catalyse new investments in the wider Kezad Al Ma'mourah masterplan. We are very proud and excited to attract new, frontier businesses and commercial activities that will propel our nation's economy into the future.' Kezad Business District is extraordinarily located at the confluence of major transport links with Khalifa Port being only 15 minutes away, Zayed International Airport being a 25-minute drive away, and linked to rest of UAE by the high-speed Etihad Rail and two major highways. With unparalleled proximity to Dubai, Kezad Business District is less than a 30-minute drive away from Jebel Ali Port and Dubai World Central - Al Maktoum International Airport. When completed, Kezad Business District will serve as an attractive site for investors to set up their regional headquarters, research and innovation centres, training facilities and other operations, and a compelling option complementing service providers, educational institutes, etc. Serving as a secondary business district comprising a commercial hub with a vibrant mix of office, retail, residential, lodging, education, professional training and leisure components, Kezad Business District aims to establish itself as a major commercial centre, and the heart of Kezad's advanced manufacturing and economic ecosystem.
Trade Arabia
22-05-2025
- Business
- Trade Arabia
Broaden Energy to establish $124m facility in Kezad
Khalifa Economic Zones Abu Dhabi (Kezad Group) and Broaden Energy have announced the signing of a 50-year land lease agreement to establish a key manufacturing facility in Kezad Area A (KEZAD Al Ma'mourah). The agreement was signed at the fourth edition of Make it in the Emirates (MIITE) in Abu Dhabi. This marks the first phase of Broaden Energy's new manufacturing complex, publicly announced in partnership with Abu Dhabi Department of Economic Development (ADDED) last year. It represents a major expansion of the company's capabilities in local hydrogen generation, refueling, and storage systems in the UAE, and will be the first facility of its type in the region. UAE-based Broaden Energy has invested AED455 million to set up its 80,000 square metre facility that will deliver sustainable solutions utilising renewable sources of energy such as hydrogen, solar and wind power. Operations at the company's new facility in KEZAD are set to create around 1,000 direct permanent new jobs. Abdullah Al Hameli, CEO, Economic Cities and Free Zones, said: "Renewable energy is crucial to Abu Dhabi's mission to diversify the energy solution mix for economic development. In alignment with the UAE Energy Strategy 2050 for net zero emissions, we are highly focused on expanding the scope for renewable energy sector growth in KEZAD." "The partnership with Broaden Energy reinforces our commitment to facilitate manufacturing innovation for the sector," he stated. Adnan Sokolija, CEO, Broaden Energy, said: "The agreement with KEZAD marks a critical step in Broaden Energy's expansion plans. We are committed to developing advanced solutions that not only align with the nation's local manufacturing initiatives for long-term industrial growth but also contribute to Abu Dhabi's clean energy development."
Trade Arabia
08-03-2025
- Business
- Trade Arabia
ETG Bio Green Polymer to set up plant in Kezad
Khalifa Economic Zones Abu Dhabi (Kezad Group), the largest operator of integrated and purpose-built economic zones, and ETG Bio Green Polymer, a global leader in sustainable manufacturing, have announced the signing of a 50-year land lease agreement to establish a state-of-the-art compostable polymers factory in Kezad A (Kezad Al Ma'mourah). The new facility will produce 100 percent sustainable polymers, helping manufacturers transition to plastic-free packaging solutions, said a report by Emirates News Agency (WAM). ETG is investing AED150 million ($40.84 million) in the 22,000-sq-m facility reinforcing its commitment to pioneering green technologies for its polymers business and contributing to a circular economy. The plant will manufacture compostable polymer resin, which will facilitate the packaging industry's move toward sustainable solutions, and boost Kezad's efforts in leading the development of a sustainable manufacturing hub. The new ETG facility will leverage Kezad's world-class infrastructure, strategic market access, business-friendly environment with favourable policies and regulatory support to accelerate its market presence in the region. Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi - Kezad Group, said: 'We are proud to welcome ETG to Kezad's ever expanding community of sustainable businesses. As a leader in bio compostable packaging solutions, ETG's presence in KEZAD is a significant step forward in our endeavours to drive sustainability in industrial development, and will contribute to reducing environmental impact and promoting a circular economy. 'By supporting green industries in KEZAD, we are working towards advancing Abu Dhabi's vision for a greener future and strengthening its position as a hub for sustainable manufacturing. We look forward to a successful partnership with ETG to enable meaningful change in the polymers industry.' Kishore Kumar Reddy, CEO and Co-founder, ETG, said: 'At ETG, we believe sustainability is the future of packaging. Our new facility in KEZAD marks a critical step in eliminating plastic.' Shoukath Ali, Cofounder, ETG said: "We are excited to partner with KEZAD Group, which shares our vision for a greener planet.' Tariq Iqbal, Cofounder, ETG, said, 'Together, we will drive innovation, support the UAE's sustainability goals, and set a new benchmark for eco-friendly manufacturing in the region.' The polymers industry plays a crucial role in sustainability by embracing innovative solutions that minimise environmental footprint. Companies are designing reusable and recyclable products by increasingly adopting circular economy principles and advancements in sustainable production technologies that help to reduce waste and energy consumption. ETG's new establishment in Kezad will facilitate its mission to design a green future for the industry, and chart a path of growth for the company.
Trade Arabia
25-02-2025
- Business
- Trade Arabia
Bisconni to set up $30m factory in Kezad
Khalifa Economic Zones Abu Dhabi (Kezad Group), the largest operator of integrated and purpose-built economic zones, and Bisconni Middle East Manufacturing have signed a 50-year land lease agreement for the establishment of a state-of-the-art manufacturing facility in Kezad A (Kezad Al Ma'mourah). Bisconni is part of Ismail Industries, Pakistan's largest confectionery, biscuits and snack food manufacturer. In recent years, Bisconni has been steadfast in its focus on innovation and expansion. Driven by plans to expand its international footprint, Bisconni is investing AED110 million ($30 million) to set up its 37,000-sq-m facility in Kezad that will manufacture biscuits and confectionery products. Mohamed Al Khadar Al Ahmed, CEO, Kezad Group, said: 'We are pleased to welcome Bisconni to Kezad, reinforcing our commitment to providing world-class infrastructure and strategic opportunities for leading manufacturers. This partnership marks a significant milestone in strengthening Abu Dhabi's position as a regional hub for the food and confectionery industry. With Bisconni's expansion into Kezad, we look forward to supporting their growth and innovation while contributing to the diversification of the UAE's economy.' Maqsood Ismail, Managing Director of Bisconni Middle East Manufacturing, said: 'We are thankful to Kezad, Abu Dhabi and the UAE authorities for their cooperation, expeditious approval of our projects, and proactive support in setting up our business in Abu Dhabi. We look forward to an exciting chapter in our international expansion and growth.'
