Abu Dhabi’s Higher Corportation for Specialised Economic Zones (ZonesCorp) will join Abu Dhabi Ports, where it will be strategically aligned with the Khalifa Industrial Zone Abu Dhabi (KIZAD).
In a statement, Abu Dhabi Ports said the integration comes after ADQ, one of the Middle East’s largest holding companies, announced it would facilitate it.
Abu Dhabi Ports said ZonesCorp will benefit from strategic alignment with Khalifa Industrial Zone Abu Dhabi (KIZAD), one of the world’s largest industrial zones spanning 410 square kilometers, which it owns and manages.
Additionally, it said it will accelerate greater diversification and provide infrastructure support in a cost-efficient manner and they will significantly increase the contribution of industrial activities to Abu Dhabi’s GDP.
The integration also means Abu Dhabi Port’s industrial and economic zones offering now has a combined land area of 554 square kilometres and more than 1,400 customers.
On its own, ZonesCorp’s economic zones currently have over 900 manufacturing and commercial facilities that are home to some of the world’s leading industrial players in a variety of sectors, and have attracted investments of approximately $19 billion (AED 70 billion).
Capt.Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, said: “By working together more closely, and more strategically, we will leverage our strengths in order to boost the competitive value of our industrial zones within the global marketplace.
“Our industrial cluster will be well positioned to deliver even greater investment opportunities to our valued customers who will benefit from easy access to regional markets, increased scale and improved services.”