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Dubai United Arab Emirates
UAE - Khalifa Economic Zones Abu Dhabi – Kezad Group and UAE-based Azizi Developments have signed a 50-year land lease agreement for the establishment of 12 state-of-the-art factories in Kezad A (Kezad Al Ma’mourah).
To be developed with an AED1 billion ($270 million) investment from Azizi Developments, the project will encompass the establishment of a reinforcement steel cut and bend facility, timber joinery and duct fabrication workshops, a modular factory, an aluminium and glass fabrication unit, as well as an aluminium extrusion factory.
Spanning approximately 220,000 sq m, these facilities will make use of the given space equipped with advanced infrastructure for the design and development of essential equipment and parts to serve the needs of the real estate industry.
Sustainable materials
Modular construction using sustainable materials such as aluminium is a forward-thinking practice to build energy-efficient homes, and is aligned with Kezad’s sustainable business practices for industrial development.
The construction of the proposed facilities will ensure speed of build for materials required for the region’s burgeoning housing sector, and meet their demands with cost-effective, faster and greener methods for production. The agreement reinforces AD Ports Group’s and Kezad’s commitment for sustainable industrial manufacturing with minimal waste generation and impact on the environment.
Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group, said: “This project is another addition in our expanding ecosystem of manufacturers from widely diverse sectors who find Kezad a supportive partner in their expansion plans.
Significant step
“We welcome Azizi Developments to Abu Dhabi and look forward to the launch of the new facilities, which will be a significant step forward in meeting the needs of real estate development with sustainable industrial practices and contribute to economic growth.”
Mirwais Azizi, Founder and Chairman of Azizi Developments, commented: “We are delighted to be setting up several of our new facilities in Khalifa Economic Zones Abu Dhabi’s Al Ma’mourah - the ideal hub for our building material manufacturing plans. We look forward to establishing ourselves in this ideally equipped location with 12 new factories worth close to AED1 billion in the coming weeks, enabling us to produce high-quality construction materials for our developments.”
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