Khalifa Economic Zones Abu Dhabi (KEZAD) Group and Azizi Developments have signed a 50-year land lease agreement to establish 12 cutting-edge factories in KEZAD A (KEZAD Al Ma’mourah), supporting the region’s growing housing sector.
To be developed with an AED 1 bln (USD 272 mln) investment by Azizi Developments, the project will encompass the establishment of a reinforcement steel cut and bend facility, timber joinery and duct fabrication workshops, a modular factory, an aluminum and glass fabrication unit, as well as an aluminium extrusion factory, KEZAD said in a press release.
Spanning 220,000 square meters, these facilities will enhance the speed and efficiency of material production, catering to the construction industry with cost-effective and sustainable methods.
1 USD / 3.67 AED
