ZonesCorp and Block 7 Join Hands to Bring Advanced Manufacturing, Intelligent Living, Education, and R&D Facilities
Abu Dhabi, UAE – April 24, 2021: ZonesCorp, one of the largest operators of purpose-built economic zones in the United Arab Emirates
, has signed an agreement with Block 7 Investments, a joint venture between EFIRE Capital Holdings Limited of Abu Dhabi and Serba Dinamik Holdings Berhad of Malaysia, that will see the development of the Block 7 Innovation Hub in the heart of the Industrial City of Abu Dhabi (ICAD).
The new development caters to key sectors like healthcare, computer science, robotics, mobility, renewable energy and sustainable advance materials. Block 7 is designed to function as a breeding ground for innovation driven industries with ultra-modern infrastructure, robust services, and a unique setup that links intelligent living space leveraging ZonesCorp’s existing manufacturing ecosystem and serves as a platform for tech start-ups.
The development of the Block 7 Innovation Hub will take advantage of ZonesCorp’s Advanced Manufacturing Cluster, a leading regional manufacturing hub that will also service the biopharma, environmental technologies, mobility, and ICT sectors amongst others.
Spread over 820,000 square metres, it will also include a host of dedicated IT facilities, smart office complexes, exhibition centres, as well as retail and entertainment spaces.
The agreement was signed by Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp, and Dato’ Dr. Ir. Mohd Abdul Karim Bin Abdullah of Block 7 Investments LLC as part of a ceremony hosted at ZonesCorp’s headquarters, in the presence of Abdullah Al Hameli, Head of Industrial Cities and Free Zone Cluster at Abu Dhabi Ports.
Commenting on the agreement, Abdullah Al Hameli, Head of the Industrial Cities and Free Zone Cluster at Abu Dhabi Ports, said: “The announcement of the Block 7 Innovation Hub development in the Industrial City of Abu Dhabi marks a key milestone in the emirate’s progressive efforts to position Abu Dhabi as a world-leading hub for innovation.
“In line with the leadership’s vision to foster a sustainable economy driven by innovation, the Innovation Hub’s promise of intelligent living will complement Abu Dhabi’s industrial strength and create numerous opportunities for coming generations of youth to venture into some of the world’s most transformative industrial fields.”
Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp, said: “Our collaboration with Block 7 is in line with ZonesCorp’s strategy of developing Abu Dhabi as an industrial and innovation hub.
“Leveraging ZonesCorp’s growing industrial ecosystem, this project will not only deliver ground-breaking concepts and solutions for the benefit of the global manufacturing industry, but will also showcase how we can combine technology, innovation, and the human element within a single environment.
“This project fits well with our existing plans to advance Abu Dhabi’s industrial and manufacturing sectors bringing R&D, education and technology to the world as well as a model for others to emulate.”
Dato’ Dr. Ir. Mohd Abdul Karim Bin Abdullah of Serba Dinamik International Ltd and Block 7 Investments LLC, said: “We trust that this project will be a catalyst for sustainable development in Abu Dhabi, serving the demand from the Middle East, Europe, Central Asia, United States, China, and African countries. This project will fulfil Abu Dhabi’s aspiration to foster economic growth through advanced manufacturing and innovation patents.”
About Abu Dhabi Ports:
Established in 2006, Abu Dhabi Ports is a global trade enabler strategically based in the capital of the United Arab Emirates and is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy.
Abu Dhabi Ports is the region’s premier facilitator of logistics, transport, and trade, bridging Abu Dhabi with the world. Abu Dhabi Ports owns and manages 11 ports and terminals in the UAE and Guinea.
Abu Dhabi Ports’ largest subsidiary is Khalifa Industrial Zone Abu Dhabi (KIZAD), the integrated trade, logistics, and industrial hub, with the flagship, deep water Khalifa Port as its maritime gateway.
Additional subsidiaries of Abu Dhabi Ports include: Abu Dhabi Marine Services (SAFEEN), Maqta Gateway, MICCO, Abu Dhabi Maritime Academy, Abu Dhabi Terminals (ADT), Abu Dhabi Cruise Terminal and Fujairah Terminals and ZonesCorp.
For more information, please visit: adports.ae
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ZonesCorp, an Abu Dhabi Ports’ company, is responsible for planning, developing, and managing specialised fully integrated economic zones for investors within the emirate of Abu Dhabi. Through its nine integrated economic zones that cover a total area of 145 square kilometres in the cities of Abu Dhabi and Al Ain, ZonesCorp is shaping the future growth of Abu Dhabi’s industrial landscape, in addition to managing more than 40 employee residential cities and facilities.
For more information, please visit: zonescorp.com