Al Batha Trading & Industry Group invests AED 73.5 million in Kizad to store and distribute consumer goods over a 50 year period

Abu Dhabi, March 11, 2012 - Khalifa Industrial Zone Abu Dhabi (Kizad) announced today its first tenant in the Logistics cluster, Al Batha Trading & Industry Group. A 50 year Musataha Agreement was signed by Khaled Salmeen, Executive Vice President of Industrial Zones at ADPC, and Sheikh Salem Bin Mohammed Al Qassimi, Vice Chairman of Al Batha Group.

Al Batha Group will be assigned a 27,511 square meter land plot in the logistics cluster in Kizad's Area A. Al Batha will set up cold stores, temperature control and ambient warehouses to store and distribute pharmaceuticals, beverages, food, and other  goods.

By signing with Kizad, Al Batha, which is headquartered in Sharjah, will have the opportunity to expand   further into the local market and have access to regional and global markets so expanding their customer base. The low operation and utility costs that Kizad offers present a competitive advantage that Al Batha will make use of to operate cold stores to keep beverages and food goods in good condition.

Commenting on securing Kizad's first tenant in the logistics cluster, Mr. Khaled Salmeen said: "We are delighted to welcome our first tenant into the logistics cluster at Kizad. We are confident that our relationship with Al Batha Group, backed by the strategic business solutions that Kizad provides, will ensure a profitable outcome for both parties. Kizad has less than a year to go to the completion of infrastructure in Area A in Q4 2012.  We look forward to welcoming more investors in the near future."

Sheikh Salem Bin Mohammed Al Qassimi said: "The unique value-added services and modern facilities prompted us to choose Kizad as our preferred industrial zone. Kizad's offering and unique business model is in line with our commitment to contribute to the economic development of the communities we serve. We look forward to moving into Kizad and utilizing the facilities it has to offer."

Al Batha Trading & Industry Group is one of the largest private business groups in the UAE. The Group consists of more than 20 autonomous companies across sectors such as automobiles, pharmaceuticals, contracting, manufacturing, electronics, FMCG, real estate, and education.

About Abu Dhabi Ports Company
Abu Dhabi Ports Company (ADPC) is a master developer of ports and industrial zones.

ADPC's core objective is to facilitate the diversification of Abu Dhabi's economy by acting as an enabler for development and trade. It will achieve this by managing commercial ports throughout the Emirate, supporting partners with their infrastructure projects and setting up new companies and joint ventures with partners who service and operate in the ports and industrial zones sector.

ADPC was created in 2006 as part of the restructuring of the commercial ports sector in the Emirate of Abu Dhabi and given control and regulatory enforcement power over all commercial port assets previously owned by the Abu Dhabi Seaports Authority.

ADPC strives to be at the forefront of progress in industrial logistics and infrastructure and is currently focused on creating one of the world's largest concentrations of industry at Kizad.

www.adpc.ae

About Kizad
Kizad is a 417 sq km industrial zone strategically located between Abu Dhabi and Dubai. With one of the world's most advanced deepwater seaports and world-class infrastructure, Kizad will benefit from excellent multimodal connectivity via sea, air, road and rail networks to ensure easy accessibility to and from the Industrial Zone. Phase 1, which is 51 sq km with an investment of AED 26.5 billion or $7.2 billion, is set to open in Q4 2012.

Kizad is a cornerstone of the Abu Dhabi Economic Vision 2030 which also highlights the drive to diversification of the economy in pursuit of sustainable growth less dependent on the oil and gas industries. By 2030, Kizad will be expected to contribute up to 15% of Abu Dhabi's non-oil GDP.

www.kizad.com

About Al Batha
Al Batha Group is one of the largest private business groups in the UAE. The Group consists of more than 20 companies in sectors such as automobiles, pharmaceuticals, contracting, manufacturing, electronics, FMCG, real estate, and education.

www.albathagroup.com

For further information contact:
Ahmad Issa
Senior Account Executive
Hill+Knowlton Strategies
Mob : +971 50 325 2670
e-mail: ahmad.issa@hkstrategies.com
www.hkstrategies.com

Mike Vertigans,
Vice President,
Corporate Communications, ADPC
Tel: +971 2 695 2976
e-mail: michael.vertigans@adpc.ae
www.adpc.ae

© Press Release 2012