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Officials at the event

Kuwait event highlights investment opportunities in Kizad

ABU DHABI, October 14, 2015

Abu Dhabi Ports, the operator and manager of ports and industrial zones in the emirate, recently presented business opportunities in Abu Dhabi’s economy, especially in Khalifa Industrial Zone Abu Dhabi (Kizad), at a business event in Kuwait.

The invitation-only event, organised by Abu Dhabi Ports in association with Unicapita Holdings, was held on October 12 at Jumeirah Hotel at Kuwait City.

The half-day event titled “Opportunities in Abu Dhabi―A Global Trade, Manufacturing and Logistics Hub” focused on Kizad, the industrial and logistics hub of the state-of-the-art Khalifa Port, said a statement.

The port is one of the most advanced deep sea ports in the world and the first semi-automated port in the region. Kizad is fully integrated with Khalifa Port that offers an supply chain connections and efficiencies, through the services of over 20 major carriers with direct connections to over 50 destinations across the globe.  

Currently Kizad has around 80 national and international investors, and a total of 13 million square metres of land leased that represents a total investment of more than $13 billion (Dh47,75 billion), it added.

Kizad supports a wide-range of industries which includes: aluminium, engineered metal products, food processing and packaging, trade and logistics, as well as general light industries such as pharmaceuticals and polymers, said the statement.

Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said: “Kizad plays a major role in Abu Dhabi’s emerging position as a global business hub, enabling the emirate’s Economic Vision.”

“Integration with Khalifa Port, and many other unique facilities for businesses have already made Kizad an attractive foreign direct investment destination,” he said.

“We wanted to share the Emirati experience of managing the world-class ports and industrial zones with Kuwaiti businessmen,” he added.  – TradeArabia News Service




Tags: | Kuwait | investment | business | opportunities | Kizad |

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