AD Ports Group Seals Major Deals with Indian Firms in KEZAD Abu Dhabi
Significant Land Lease Agreements
Khalifa Economic Zones Abu Dhabi (KEZAD Group), a subsidiary of AD Ports Group, recently announced two substantial land lease agreements totaling more than AED 1.1 billion (approximately USD 300 million) in collaboration with prominent Indian companies Jindal SAW Group and Haldiram Group. This investment underscores the UAE’s growing appeal as a hub for advanced manufacturing, food production, and energy-related sectors.
Infrastructure Development in KEZAD
The two companies aim to develop over 514,000 square meters of manufacturing facilities within KEZAD Al Ma’mourah and ICAD KEZAD Musaffah. This initiative is designed to enhance Abu Dhabi’s industrial footprint and bolster the local economy, in line with the objectives of the Abu Dhabi Industrial Strategy aimed at diversifying economic growth across the region.
Abdullah Al Hameli, CEO of Economic Cities and Free Zones at AD Ports Group, expressed his enthusiasm about the new partnerships: “We are delighted to welcome Haldiram Global and Jindal Saw to KEZAD. Their trust reflects the strength of Abu Dhabi’s industrial ecosystem and the confidence international investors place in our ability to support advanced manufacturing at scale.”
Alignment with Abu Dhabi Industrial Strategy
The investments from Jindal SAW and Haldiram are set to significantly enhance local manufacturing capabilities while fostering technology adoption and value addition. The combined efforts will reinforce KEZAD’s strategic clusters in food production, metals, and energy, contributing to local job creation and sector diversification.
Jindal SAW Group, recognized globally for its production of steel pipes and fittings, will focus its expansion in the ICAD – KEZAD Musaffah area. The company plans to establish a new seamless pipe manufacturing facility with a capacity of 300,000 MTPA.
Haldiram’s First Manufacturing Hub in the MENA Region
Haldiram Snacks Food Private Limited is making strides in the MENA region by establishing its first manufacturing hub through its subsidiary in KEZAD Al Ma’mourah. This new facility will cover approximately 114,000 square meters, marking an important milestone in the company’s international expansion strategy.
Haldiram’s investment, estimated at AED 150–200 million (USD 41–54 million), is expected to result in the creation of up to 11 distinct production lines, catering to various global consumer preferences. This project is projected to create more than 300 job opportunities in the region.
Commitment to Innovation and Growth
PR Jindal, Chairman of Jindal SAW Group, emphasized the company’s ongoing partnership with KEZAD Group as a key factor in its regional growth. “Expanding our Abu Dhabi operations is a significant achievement for Jindal SAW, reinforcing our commitment to innovation and serving global energy markets,” he stated. He noted that KEZAD’s integrated infrastructure and investor-friendly environment serve as vital supports for their expansion plans.
Manohar Lal Agarwal, Chairman of Haldiram Group, remarked on the strategic significance of the new manufacturing base, stating, “Setting up our manufacturing base in KEZAD aligns with our vision to reach new markets with efficiency and reliability.” He praised Abu Dhabi’s advanced infrastructure and regulatory support as crucial advantages for their regional expansion.
Strategic Benefits for Investors
The land lease agreements were formalized during KEZAD Group’s participation in the Abu Dhabi Investment Forum in Mumbai, further highlighting their commitment to international investment outreach. These agreements not only facilitate the operational growth of Jindal SAW and Haldiram but also underline the attractive business environment within the UAE.
Investors benefit from KEZAD’s multimodal connectivity facilitated by Khalifa Port, Etihad Rail, and major highways. This connectivity, combined with competitive operational costs and a supportive regulatory framework, positions KEZAD as an ideal destination for industry players looking to establish or expand their operations in the region.
The ongoing developments within KEZAD are a testament to Abu Dhabi’s strategy of fostering sustainable industrial growth while creating skilled job opportunities. The collaboration with leading global firms like Jindal SAW Group and Haldiram Group signifies a pivotal step towards achieving these objectives, reinforcing the emirate’s status as a growing hub for diverse industries.
Published on 1763848188 • Category: UAE