Abu Dhabi, UAE- 29 March 2017

Today, ZonesCorp unveils a new development to designed to support the growth of small and mediums-sized enterprises (SME) in Abu Dhabi at the Global Manufacturing and Industrialisation Summit (GMIS). The new zone being developed by ZonesCorp will feature 261 prefabricated, ready-to-use units covering an area of just over 300,000sqm. Overall 80% of the units have been designated for warehousing and 20% light industrial units.

The Government of Abu Dhabi is playing an important role in the development of the SME sector, seeking to improve conditions that will see it flourish, from the funding environment to supporting physical and business infrastructure. To support this aim and to meet the huge demand for warehousing from SME’s, ZonesCorp is creating a state of the art, fit-for-purpose warehouse and light industrial complex in the Industrial City of Abu Dhabi (ICADIII).

The project is strategically located in the heart of the Industrial City of Abu Dhabi (ICADIII), situated in an ideal position for SMEs to serve the existing industrial & manufacturing hub and with access to world class transport links to serve local and international markets.

SMEs, which account for more than 94 per cent of the companies and 86 per cent of the total workforce in the UAE, are the chief enablers of economic diversification, innovation and the shift to a knowledge-based economy. 

Planned, constructed, and operated under the highest technical and environmental standards, the new zone will feature competitive land lease rates with the option to purchase. The average unit size will be 500sqm but the project features flexible plot sizes that can be increased to 1500sqm and are fit-for-purpose for warehousing and light industrial units.

HE Saeed Eisa Al Khyeli, Director General of ZonesCorp commented: “This project is designed to facilitate the growth of SMEs and to meet the growing demand for high quality flexible warehousing. We firmly believe that a flourishing SME sector is the cornerstone of any thriving economy and the UAE is no different. The project is also firmly in line with the Abu Dhabi 2030 vision to build a sustainable and diversified, high value-added economy.

-Ends- 

About The Higher Corporation for Specialized Economic Zones (ZonesCorp)
Launched in 2004 by the Abu Dhabi Government, ZonesCorp is the largest developer and operator of purpose-built industrial zones in the UAE. We oversee five world-class, fully integrated industrial zones housing more than 600 diverse manufacturing facilities, with five additional industrial cities to be offered soon.

Our cluster-based, growth-driven industrial ecosystems offer investors flexible, readily available spaces with access to high-end infrastructure, competitively priced utilities, and convenient workers’ accommodations. Comprehensive support and facilitation solutions are provided by our Investor Services Centre

For more information, please contact:
The Higher Corporation for Specialized Economic Zones (ZonesCorp)
Samer Al Haira
Mobile: +971 56 6877 933
Email: samer.alhaira@zonescorp.com

Newgate Communications 
Habib Bacha
Mobile: +971 50 1113 799
Email: habib.bacha@newgatecomms.com

© Press Release 2017