Mana Mohammed Saeed Al Mulla, CEO of KIZAD, stressed the importance of the visit to the Korean capital, Seoul and said: “The visit is a great opportunity to introduce to the most prominent Korean companies and investors the promising investment opportunities in Khalifa Port Free Trade Zone. In addition to outstanding access to global markets, Khalifa Port Free Trade Zone provides many benefits to foreign direct investors, including competitive rental rates, low cost of doing business, full tax exemptions, granting foreign investors full ownership of their projects and full repatriation of their capital and profits, as well as the possibility of shipping goods at competitive prices, smooth customs procedures and other centralized processing benefits. KIZAD and the Khalifa Port Free Trade Zone has become the headquarters of major international brands and companies, as it is a unique model that brings together free and non-free zone solutions”.
As part of the Free Trade Zones’ efforts to enhance its global competitiveness, 35 additional warehouses will be launched soon for rent, in addition to the light industry units in KIZAD that comprise 75 units serving the SME sector.
The logistics complex at KIZAD comprises 105 units, many of which have been leased by leading logistics and trading companies. KIZAD is developing a plan to build an integrated business park including offices, hospitality and health uses, supported by community centers which include local and district centers, in KIZAD and the additional free zone.
Abu Dhabi Ports will be organizing today a meet with Korean companies which served as a golden opportunity for both sides to dig deep and learn more about the individual Korean businesses, their activities and requirements, as well as to drill down to the value proposition provided to prospective Korean investors in Abu Dhabi.
