Kezad Group Invests AED 621 Million in Massive Warehousing Expansion Project

Kezad Group, the leading operator of integrated economic zones, has initiated a substantial expansion project in the Khalifa Economic Zones Abu Dhabi.

The group is investing AED 621 million ($169.1 million) to increase warehousing capacity by 250,000 square meters.

This move is expected to bring additional pre-built industrial and logistics facilities online by the end of 2025, contributing to a remarkable 43% growth in Kezad's total warehousing capacity.

The decision to embark on this expansion comes in response to robust demand for warehousing and pre-built facilities in the emirate of Abu Dhabi, spanning both free zone and domestic industrial areas.

The ongoing development encompasses the construction of over 97,500 square meters of leasable space in Khalifa Industrial Area (Kezad Al Ma’mourah A & B) and more than 153,000 square meters in ICAD 3 (Kezad Musaffah).

Included in these developments are pre-built facilities comprising logistics and distribution warehouses, cold stores, light industrial units, and showrooms of various sizes and specifications.

Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi - Kezad Group, emphasized the company's commitment to meeting the rising demand, stating, "Our focused approach to strengthening the ecosystem within our economic zones has resulted in continued demand for warehousing and light industrial units across our portfolio."

Al Ahmed further noted the commitment to developing more facilities for customers seeking 'plug and play' assets, leveraging the zones' global connectivity and highly competitive cost of doing business to expand their reach to new markets and customers in the region.

He highlighted Abu Dhabi's business-friendly atmosphere, safety, and the city's liveability as major attractions for companies considering relocating their staff to the region.

Source: Trade Arabia