UAE-based Azizi Developments has signed a 50-year lease agreement with Khalifa Economic Zones Abu Dhabi (Kezad) representing an investment value of AED2 billion ($544 million). The newly leased plots, spanning nearly 440,000 sq m, will accommodate 12 factories.
Jotun, one of the world’s leading paints and coatings manufacturers, has signed a 50-year land lease agreement with Khalifa Economic Zones Abu Dhabi for the establishment of its new manufacturing facility on a 83,177 sq m area within ICAD - Kezad Musaffah in the UAE capital.
Khalifa Economic Zones Abu Dhabi (Kezad Group), a part of AD Ports Group, has launched a new joint venture with Beeah, the region’s sustainability and innovation pioneer, aimed at delivering integrated, eco-friendly waste management services to customers across its economic cities and free zones.