Abu Dhabi Ports presents the Emirate’s attractions as investment destination for Kuwaiti businesses
KIZAD―INDUSTRIAL AND LOGISTICS HUB OF KHALIFA PORT―SHOWCASES ITS UNIQUE BUSINESS OPPORTUNITIES AT BUSINESS EVENT IN KUWAIT CITY
Abu Dhabi Ports―the master developer, operator and manager of ports and industrial zones in the Emirate―has presented business opportunities in Abu Dhabi’s vibrant economy, especially in Khalifa Industrial Zone Abu Dhabi (Kizad), at an exclusive business event in Kuwait. Organised by Abu Dhabi Ports in association with UNICAPITA Holdings, the invitation-only event for Kuwaiti businessmen was held on Monday, October 12 at Jumeirah Hotel at Kuwait City.
The half-day event titled “Opportunities in Abu Dhabi―A Global Trade, Manufacturing and Logistics Hub” cast light on Kizad, the industrial and logistics hub of the state-of-the-art Khalifa Port. 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 outstanding supply chain connections and efficiencies, through the services of over 20 major carriers with direct connections to over 50 destinations across the globe.
“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,” said Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports.
“We wanted to share the Emirati experience of managing the world-class ports and industrial zones with Kuwaiti businessmen,” he added.
Many Kuwaiti investors have already set up business at Kizad.
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 USD13 billion (AED 47,75 billion).
Kizad supports a wide-range of industries: aluminium, engineered metal products, food processing and packaging, trade and logistics, as well as general light industries such as pharmaceuticals and polymers.