Kizad eyes UK investment at aluminium show
Abu Dhabi, May 15, 2013
The Khalifa Industrial Zone Abu Dhabi (Kizad) is showcasing one of its fastest growing industrial clusters to UK-based investors at an ongoing global aluminum conference in London.
Kizad’s management team will be inviting British business interest and investment in its Aluminium Cluster throughout the three-day CRU World Aluminium Conference, which opened yesterday (May 14).
One of nine dedicated sectors at Kizad, the Aluminium Cluster has already seen billions of dollars earmarked for investment in this Abu Dhabi based industrial zone.
Designed vertically, the clusters include Steel; Engineered Metal Products; Paper, Printing and Packaging; Glass; Food; Trade and Logistics, Mixed Use and, of course, the Aluminium cluster.
Kizad’s Phase I is a 52 sq km area, including the new deep-water Khalifa Port. Phase II will expand the zone’s landmass up to 418 sq km – an area approximately two-thirds the size of Singapore.
With Emirates Aluminium (Emal) already a key anchor tenant since 2010, several other investors in the up, mid, and downstream sectors are either already operational or in the process of establishing manufacturing facilities, in Kizad’s Aluminium cluster.
Emal – whose board has just cleared a further $4.5 billion for investment into its Kizad-based operations – currently supplies over 150 customers around the globe with high quality ISO9001 certified aluminium. This is available as sow, standard ingots, sheet ingots, foundry ingots and extrusion billets. Emal’s sow and standard ingots are also traded on the London Metal Exchange.
British business has been heavily involved in the development of Kizad and Khalifa Port, from as early as 2007. These contracts and services have involved some of the UK’s biggest consultancy and contracting firms, including: WS Atkins & Partners Overseas; HPA/Halcrow; Scott Wilson Kirkpatrick & Co. Ltd and Mouchel Middle East. The value of contracts over the last five years is in the range of GBP40 million ($61 million).
Abu Dhabi, Khaled Salmeen, CEO and managing director of Kizad, said: “The advanced infrastructure at Kizad provides customers with reliable and sustainable production and distribution facilities.
“Aluminium Cluster investors will also find that proximity to the only semi-automated deep sea port in the region, our innovative vertical clustering, Kizad’s advanced transportation network linking land, sea, rail and air, will all be instrumental to their success and ability to connect with their customers in the region and globally.”
Kizad is the launch sponsor at the World Aluminium Conference and will also be speaking at the event about new aluminium industry opportunities in Abu Dhabi.
The presentation will focus on how Kizad is maximising the competitive advantages for their current aluminium tenants and for prospective companies looking to expand.
The CRU World Aluminium Conference is being held at the Guoman Hotel, and will conclude tomorrow. – TradeArabia News Service
More Industry, Logistics & Shipping Stories
- Firm plans to bring super jumbo jet to Bahrain
- Johnson Controls, Hitachi in AC venture
- OICT installs nextgen cranes at Sohar Port
- Saudi petchem giants eye share-swap merger in 2014
- Expo focus on UAE manufacturing sector
- Abu Dhabi port sets container throughput record
- Alba unit to mark HSE week
- Mideast air freight growth up 12.3pc
- Tycoon Sawiris announces $1bn Egypt investment
- Drydocks to build giant jack-up rigs in Dubai