Khalifa Industrial Zone Abu Dhabi (KIZAD) is one of the vital
projects within Abu Dhabi Economic Vision 2030, delivering a number of
its long-term ambitious goals and marking an important step towards the
economic diversification drive of the Emirate.
According to Abu Dhabi Ports Company (ADPC), the total value of investments in the first phase of KIZAD and Khalifa Port, projected for completion in the fourth quarter of 2012, is nearly AED 26.5 billion (US$ 7.2 billion).
ADPC
expects that by 2030 KIZAD will account for more than 15 percent of the
non-oil GDP of Abu Dhabi, and 70 percent of the Emirate’s total export
of manufactured goods.
It is also expected that between 60 to 80
percent of goods manufactured in KIZAD will be exported, further
boosting the economy of Abu Dhabi Emirate.
KIZAD was launched by
HH Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Court of the Crown
Prince (CPC) on November 13, 2010. The project is set to become the
largest industrial city in the region.
Strategic Location
KIZAD,
which occupies nearly 417 square kilometres of prime industrial land,
is a perfect example of a global industrial and logistical hub, owing to
its strategic location at the crossroads of East and West. It offers a
world class transportation infrastructure including sea, air, roads and
rail network to ensure easy accessibility to and from the industrial
zone. The project’s ideal location in the proximity of two major
airports, Abu Dhabi International Airport (35 kilometres) and Al Maktoum
International Airport (52 kilometres) in Jebel Ali, Dubai, and between
the new Khalifa Port and Jebel Ali Port, makes it a strategic location
for trade and industry in line with the highest international standards.
KIZAD facilitates easy access for local and international investors to
local, regional and international markets with more than 2 billion
consumers.
KIZAD is located within Khalifa Port, one of the
world's most advanced deepwater seaports which is set to become the main
commercial port of Abu Dhabi. The port will have an initial capacity of
over 2.5 million TEUs (Twenty Foot Equivalent Units) and 12 million
tonnes of break bulk cargo every year in the phase 1, with plans to
eventually boost the capacity to more than 15 million TEUs and 35
million tonnes of cargo per annum.
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