Azizi Developments to invest Dhs1bn to build new factories at KEZAD

Real estate developer Azizi Developments plans to establish 12 state-of-the-art factories in Khalifa Economic Zones Abu Dhabi (KEZAD), it announced earlier this week.

The Dhs1bn investment will cater to the growing needs of the regional housing industry.

The factories, spanning 220,000 square metres, will produce essential equipment and parts for the real estate sector, including reinforcement steel, timber joinery, modular components, aluminium and glass products, and aluminium extrusions.

Mirwais Azizi, founder and chairman of Azizi Developments, commented, “­­­­­­­­We look forward to establishing ourselves in this ideally equipped location with 12 new factories worth close to Dhs1bn in the coming weeks, enabling us to produce high-quality construction materials for our developments.”

KEZAD to expand ecosystem of manufacturers from different sectors

The project aligns with KEZAD’s commitment to sustainable industrial development and Azizi Developments’ focus on building energy-efficient homes.

The factories will utilise advanced infrastructure and sustainable materials to ensure efficient and environmentally friendly production processes.

This strategic partnership between Azizi Developments and KEZAD will contribute to the economic growth of Abu Dhabi and the UAE while meeting the increasing demand for high-quality construction materials in the region.

Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group, said: “This project is another addition to our expanding ecosystem of manufacturers from widely diverse sectors who find KEZAD a supportive partner in their expansion plans.”

Read: KEZAD Group, NMDC sign Dhs367m manufacturing facility deal