Khalifa Economic Zones Abu Dhabi (KEZAD Group) is developing new warehouse capacity of more than 250,000 square metres.
The Group reportedly invested AED621 million ($169 million) for an additional capacity of pre-built industrial and logistical facilities coming online by the end of 2025 to increase its overall warehousing capacity by 43 per cent.
KEZAD Group has begun construction of the additional stages in response to high demand for warehouses and other prebuilt facilities throughout the emirate of Abu Dhabi, including both free zone and domestic industrial regions.
The development consists of over 97,500 square metres of leasable land in Khalifa Industrial land (KEZAD Al Ma’mourah A & B) and over 153,000 square metres of leasable area in ICAD 3 (KEZAD Musaffah).
READ: KEZAD commences $11 million upgrade of KEZAD Al Ma’mourah
Since Q3 2022, the Group has reportedly delivered more than 270,000 square metres of additional warehousing space, with leased area having seen a 66 per cent increase over the same period of time.
According to AD Ports, the developments include prebuilt facilities consisting of logistics and distribution warehouses, cold stores, light industrial units and showrooms of various sizes and specifications.
READ: KEZAD, GPP ink expansion agreement
Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group, said: “Our focused approach to strengthen the ecosystem within our economic zones has resulted in continued demand for warehousing and light industrial units across our portfolio.
“We are committed to develop more facilities for customers seeking ‘plug and play’ assets that leverage our zones’ global connectivity and highly competitive cost of doing business to expand their reach to new markets and customers in the region. Abu Dhabi’s business friendly atmosphere, safety and liveability of the city are also major attractions for companies relocating their staff to the region.”
In October 2023, the Group began working on the development of Abu Dhabi Food Hub, Global Auto Hub – Abu Dhabi and other projects within its Area B1 in KEZAD Al Ma’mourah.
