Abu Dhabi is set to get a mega facility that will provide storage and handling services, as well as office space, for businesses in the metal industry.
The integrated Metal Park, which will cover an area of 450,000 square metres, has broken ground at the Khalifa Economic Zones Abu Dhabi (KEZAD), which is part of AD Ports Group.
The facility is close to the deep-water Khalifa Port. It will offer rental office space and will be equipped with state-of-the-art facilities to support storage and handling, processing and fabrication activities of companies.
Its goal is to enable businesses to adapt to market demand without infrastructure constraints, thereby lowering their operating costs “with ease”, according to a statement on Monday.
“The project will provide an ideal platform for metal industries to serve the increasing number of construction, infrastructure and industrial development projects in the Middle East and African markets,” the statement said.
With the project, more businesses will look to KEZAD as a key location for their expansion, according to Mohamed Al Khadar Al Ahmed, CEO of KEZAD Group.
“Abu Dhabi is currently home to some of the largest primary raw material suppliers in the region, and our aim is that, with the development of this one-stop-shop project, more businesses will be able to look to KEZAD as a key location where they can expand their operations and grow their international reach.”
(Reporting by Cleofe Maceda; editing by Mily Chakrabarty)