- AD Ports Group supports UAE economic diversification with the development of infrastructure for Metal Park in Abu Dhabi
- Agreement signed with Metal Park Investment ME LTD helps sector players adapt to market demand without infrastructure constraint
Abu Dhabi, UAE – March 01, 2022: AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, signed an agreement with Metal Park Investment ME LTDto establish an integrated metal hub in KIZAD that will cater to all industry verticals and offer flexibilities of scale to metal vendors, processors, and fabricators in the UAE.
Covering a total land area of 450,000 sqm, the future upcoming Metal Park in KIZAD will be equipped with state-of-the-art facilities supporting storage and handling, processing, and fabrication activities, whilst offering access to research and development amenities, rental office space, and associated financial services.
The agreement was signed in the presence of Captain Mohamed Juma Al Shamsi, Group CEO, AD Ports Group, Abdullah Al Hameli, Head of Economic Cities & Free Zones Cluster, and Saleh Shahrestani, Chairman, Metal Park Investment ME.
In addition to industry-related infrastructure, Metal Park offers customers a unique solution featuring production planning capabilities, easy entry and exit policies, and access to finance and human resources services to keep operations at optimal levels.
Furthermore, by using the most secure ERP system, businesses can cut down administration time and take advantage of industry-leading technologies to help their businesses reach new heights.
Abdullah Al Hameli, Head of Economic Cities & Free Zones Cluster said: “AD Ports Group is committed to supporting the UAE’s economic diversification goals by advancing industrial development through our Economic Cities & Free Zones Cluster.
“The metal industry provides crucial commodities for the development of buildings, automobiles, appliances, and toolmaking, making it an essential sector for the UAE’s continued growth and prosperity, in line with the vision of the leadership.
“Metal Park in KIZAD will create an ecosystem that helps metal service providers grow their business and adapt to market trends and conditions quickly and effectively, so they can plan for the future without constraint.”
Saleh Shahrestani, Chairman, Metal Park Investment ME said: “One of the defining points in the steel industry, Metal Park will revolutionise the steel fabrication industry and transform it into a win-win economy by providing a platform for metal services to be more efficient financially, economically and environmentally.”
“Membership at Metal Park will enable our clients to expand their businesses at times of growth with little capital and at times of economic downturn, giving them the ability to reduce their operating costs with ease without the overheads associated with redundancies that traditional business in this sector face. This is made possible as Metal Park provides a range of pay-as-you-go specialist workforce at competitive rates allowing for expansion and reduction of labour force as necessary.”
The strategic location of Metal Park in KIZAD also offers businesses a fully integrated trade and logistics platform that facilitates expansion efforts across the region. Located near Khalifa Port, KIZAD provides customers with world-class infrastructure, competitive utilities, in addition to direct access to a multimodal transport network with links over sea, road, and air, as well as rail in the future.
About AD Ports Group:
Established in 2006, AD Ports Group today serves as the region’s premier facilitator of logistics, industry, and trade, as well as a bridge linking Abu Dhabi to the world. Listed on the Abu Dhabi Securities Exchange (ADX: ADPORTS), AD Ports Group’s vertically integrated business approach has proven instrumental in driving the emirate’s economic development over the past decade.
Operating several clusters covering Ports, Economic Cities & Free Zones, Maritime, Logistics, and Digital, AD Ports Group’s portfolio comprises 10 ports and terminals, and more than 550 square kilometres of economic zones within KIZAD and ZonesCorp, the largest integrated trade, logistics, and industrial business grouping in the Middle East.
AD Ports Group is rated A+ by S&P and A+’ Affirmed – Outlook Stable by Fitch.
For more information, please visit: adportsgroup.com
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About KIZAD
Established in 2010 and operational since 2012, KIZAD is a subsidiary of AD Ports Group, under its Economic Cities & Free Zones portfolio. Strategically located between Abu Dhabi and Dubai – with the deep-water Khalifa Port as its maritime gateway – KIZAD is Abu Dhabi’s integrated trade, logistics and industrial hub facilitating sustainable growth in metals, polymers, food, automotive, water and oil and gas. KIZAD is one of the world’s largest industrial zones, spanning across 410 square kilometres.
For more information, please visit: kizad.ae