Ahmed bin Humaid Al Nuaimi launches AED 36 million strategic warehousing project

Project to enhance AFZ's attractiveness & competitiveness as a preferred destination for commercial & industrial activities

  
Ahmed bin Humaid Al Nuaimi launches AED 36 million strategic warehousing project

H.H. Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of Ajman Free Zone (AFZ), launched a strategic project to build a number of warehouses that serve an array of targeted sectors such as health, food and sustainable development. The AED 36 million green project with a total built-up area of 9,070 M2 will consist of 82 units and service blocks that can be used as showrooms, warehouses or industrial facilities.

The size of the multipurpose units starts from 100 M2 and they can be used individually or by combining multiple units to form larger units, depending on the needs of investors or tenants.

H.H. Al Nuaimi emphasized that AFZ is constantly looking for ways and strategies to add further value to the emirate’s business environment, noting that the latest warehousing project will enhance the attractiveness and competitiveness of AFZ as a destination for business and commercial and industrial activities. He added that the project will also support environment protection initiatives and promote sustainable development by reducing electricity consumption and carbon emissions.

Furthermore, the project increases the amount of available space to meet the requirements of investors by providing additional units that can be used for several purposes, including chilled storage units and manufacturing facilities. It also provides sustainable options through the qualitative characteristics of storage units, including solar energy technology. Additionally, it is strategically located close to Ajman Port and Customs, ensuring easy inward and outward movement of customers’ products and transport.

With an aim to contribute to addressing the rising demand for electricity and support the Federal Electricity and Water Authority (FEWA) in this regard, the new AFZ warehousing project will use photovoltaic panels to generate electricity, which will partially address its electric power demand. Apart from the installation of energy saving LED lamps to light up the units, street lighting and outdoor lighting in the premises of the units will be fully powered by solar electrical panels attached to lighting poles. The facility will raise the insulation coefficient of the surfaces and walls to minimize heat exchange, which will in turn reduce the amount of energy required for cooling units.

This strategic project is part of AFZ’s commitment to achieve the goals of Ajman Vision 2021 in terms of enhancing the effectiveness and efficiency of government action in the emirate, accelerating sustainable development, and supporting the green economy. It also forms part of AFZ’s contributions to ensuring environmental protection and increasing the share of clean energy, which are among the priorities of the UAE Vision 2021.

For further information, please contact:
Orient Planet Group (OPG)
Tel:  +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases