Located strategically between Abu Dhabi and Dubai, 417 sq km Kizad is the largest industrial zone in the world which says it is ready to receive potential tenants.
Abu Dhabi Ports Company (ADPC) on Wednesday launched the Khalifa Industrial Zone Abu Dhabi (Kizad) in Mumbai. Located strategically between Abu Dhabi and Dubai, 417 sq km Kizad is the largest industrial zone in the world which says it is ready to receive potential tenants.
“We are honoured to launch Kizad in Mumbai. This project offers Indian businesses a great opportunity to expand their presence in the region. Like the world, we too recognise India’s growing clout as a strong economic superpower and this is what made us choose this venue for the launch,” said executive VP of industrial zones at ADPC Khaled Salmeen.
With advanced deepwater seaports and world-class infrastructure, Kizad will benefit from excellent multimodal connectivity via sea, air, road and rail networks.
This will ensure easy accessibility to and from the Industrial Zone on which around US $ 7.2 billion has already been spent.
Kizad is part of the Abu Dhabi Economic Vision 2030 which aims to make the economy less dependent on oil and gas. By 2030, Kizad will be expected to contribute around 15% of Abu Dhabi’s non-oil GDP.
It is anticipated that between 60% and 80% of the goods manufactured within Kizad will be exported.
Salmeen also pointed out, “What we look to offer is the ability for businesses to come to Abu Dhabi and thrive through efficient access to markets, lower operating costs and a greater ease of doing business.
“These three critical success factors for global industry are the key ingredients and will all feature over the long term.”
Non-oil trade between
India and the UAE rose 24% to $29.02 billion in the last fiscal year, making it India’s third-largest trading partner after the US and China, according to latest figures released by the Indian Embassy in Abu Dhabi.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}