AD Ports Group’s KEZAD, Ducab sign lease agreement

Image credit: AD Ports Group

Ducab Metals Business said on Monday that it signed a lease agreement with KEZAD Group, also known as Khalifa Economic Zones Abu Dhabi, to expand its existing manufacturing facility in the economic zone.

The 50-year lease agreement, which was signed at the Make It In The Emirates Forum 2024, will see Ducab Metals Business adding 51,015 square metres (sqm) to its existing 50,000 sqm facility in KEZAD. The facility is aimed at increasing high-quality copper and aluminium industrial product capacity.

The expansion brings the company’s presence in KEZAD to more than 100,000 sqm.

“KEZAD Group is spearheading the progress in metal manufacturing as one of the leading industrial and economic zones in the UAE,” said Mohamed Al Khadar, CEO of KEZAD Group.

“KEZAD Group is helping to pave the road for sustainable growth and innovation in the UAE’s metal sector through Abu Dhabi’s business-friendly policies for the advances of metal industries and investment in associated infrastructure.”

Ducab Metals Business said the project will offer several strategic benefits, including the company’s use of their proprietary best-in-class research and development to advance Abu Dhabi’s reputation as a hub for new varieties of advanced metal products.

The company has a total installed capacity of over 235,000 tonnes of copper and aluminium metal per annum, supplying more than 75 countries globally.

Make It In The Emirates Forum, an event organised by the Ministry of Industry and Advanced Technology, brings together decision-makers, government and private sector officials, experts, entrepreneurs, financing entities, investors, startups and SMEs.

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