Oct 03 2010 |
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First phase of Port Khalifa project to be finished soon
Sunday, Oct 03, 2010Abu Dhabi More than Dh26 billion will be spent to complete Phase 1 of Port Khalifa and Industrial Zone near Taweelah in Abu Dhabi, scheduled for the fourth quarter of this year, the Abu Dhabi Port company has revealed.
The Khalifa Port Industrial Zone (KPIZ) will be Abu Dhabi’s largest infrastructure project and will become one of the world’s biggest industrial zones. Stretching over 417 square kilometres, it is four times bigger than Abu Dhabi Island, two-thirds the size of Singapore and a quarter the size of Greater London.
While the figure for the entire project, to be completed by 2030, has not been determined, the cost of Khalifa Port’s Phase 1 and Industrial Zone A located on the shores of Taweelah between Abu Dhabi and Dubai is Dh26.6 billion. The cost includes a Dh882 million breakwater built to protect the biggest coral reef in the Arabian Gulf which sits just 1.5km away.
Tony Douglas, chief executive officer of Abu Dhabi Ports Company, said KPIZ falls in line with the 2030 strategy for Abu Dhabi to diversify its purely carbon economy by providing the opportunity for other industries to develop.
“KPIZ provides the opportunity to develop industries that will help create the diverse economy we need,” added Douglas. He added that the Union Railway will pass through the middle of KPIZ.
By Emmanuelle Landais Staff Reporter
© Gulf News 2010. All rights reserved.
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