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KEZAD Signs AED1.1 Billion Land Leases With India’s Jindal SAW and Haldiram for Abu Dhabi Manufacturing Hubs

The commitments underscore Abu Dhabi’s industrial strategy to expand non-oil manufacturing.

Overview

  • KEZAD finalised the agreements during the Abu Dhabi Investment Forum in Mumbai, coordinated by the Abu Dhabi Investment Office and the Department of Economic Development.
  • Jindal SAW will invest about AED1 billion to develop a 300,000 MTPA seamless pipe facility across roughly 400,000 square metres at ICAD – KEZAD Musaffah, with around 1,000 jobs expected.
  • Haldiram will build its first MENA manufacturing hub on about 114,000 square metres at KEZAD Al Ma’mourah, investing AED150–200 million with up to 11 production lines and more than 300 jobs.
  • The two projects will together add more than 514,000 square metres of new manufacturing capacity within KEZAD’s industrial ecosystem.
  • AD Ports Group says the investments strengthen KEZAD’s food, metals and energy-related clusters and back Abu Dhabi’s diversification goals within its Industrial Strategy; KEZAD spans 12 zones covering about 550 square kilometres and hosts over 2,100 businesses.