AD Ports Group has announced that more than 2.2 million square metres of its Industrial Cities & Free Zone Cluster has been leased so far this year, giving a major boost to demand prospects for its logistics activities. The Cluster, which comprises Khalifa Industrial Zone Abu Dhabi (KIZAD) and ZonesCorp, has witnessed growing demand throughout 2021, particularly from key economic sectors such as metals, food, auto, technology, and chemicals.
Additionally, KIZAD and ZonesCorp has reported significant increases in Foreign Direct Investment in the first half of 2021, with growing demand from various sectors including e-commerce, plastics, logistics and light manufacturing.
Abdullah Al Hameli, Head of the Industrial Cities and Free Zone Cluster at AD Ports Group, said: “The rising demand on leasable land in Abu Dhabi for trade, logistics, and industrial activities is a clear indication that the business ecosystem in the emirate continues to strengthen and grow.”
AD Ports Group also has recently announced the completion of 1.38 million m2 of commercial and retail areas at Rahayel Automotive and Mobility City, the first integrated hub for the automotive industry in the region. AD Ports Group’s Industrial Cities & Free Zone Cluster has also been serving as the catalyst and enabler of sustainable projects in the emirate. In KIZAD, Helios Industry, a privately-owned special project vehicle company (SPV), is set to invest over AED 3.67 billion (US$ 1 billion) in the construction of a new green ammonia facility that will produce 200,000 tonnes of green ammonia from 40,000 tonnes of green hydrogen. At the same time, ZonesCorp is witnessing the development of Block 7, a new 820,000 m2 hub designed to function as a breeding ground for innovation-driven industries and a platform for technology start-ups in Abu Dhabi.