Home UAE Abu Dhabi Abu Dhabi: KEZAD’s Dhs621m injection to supercharge warehousing sector KEZAD Group has commenced construction of the new phases in light of strong demand for warehousing and other prebuilt facilities across Abu Dhabi, in both free zone and domestic industrial areas by Gulf Business January 30, 2024 Image: Supplied Abu Dhabi’s warehousing sector is set to receive a significant boost with Khalifa Economic Zones Abu Dhabi – KEZAD Group announcing that it is developing additional warehousing capacity of more than 250,000 square metres. The group has invested Dhs621m to increase the capacity of pre-built industrial and logistics facilities by the end of 2025, boosting its total warehousing capacity by 43 per cent. KEZAD has begun construction of the new phases. The development includes construction over more than 97,500 square metres of leasable area in Khalifa Industrial Area (KEZAD Al Ma’mourah A & B) and more than 153,000 sq metres of leasable area in ICAD 3 (KEZAD Musaffah). Since Q3 2022, the group has already delivered more than 270,000 sq metres of additional warehousing space, with leased area seeing a 66 per cent increase over the same period. The developments include prebuilt facilities consisting of logistics and distribution warehouses, cold stores, light industrial units and showrooms of various sizes and specifications. The group has 587,000 square metres of prebuilt industrial and logistics facilities under management as of Q3 2023, which includes 93,000 square metres of cold storage facilities. Move to meet growing demand, says Kezad Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group said: “Our focused approach to strengthen the ecosystem within our economic zones has resulted in continued demand for warehousing and light industrial units across our portfolio. “We are committed to developing more facilities for customers seeking ‘plug and play’ assets that leverage our zones’ global connectivity and highly competitive cost of doing business to expand their reach to new markets and customers in the region.” Read: KEZAD, Tubacex to build OCTG-CRA production facility in Abu Dhabi Tags Abu Dhabi Kezad Group Logistics Warehousing You might also like Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit Mubadala to sale Brazil’s Porto Sudeste, Mina Gerais iron-ore mines AD Ports Group marks Q3 performance with net profit of Dhs445m UAE’s ADNOC Gas boosts capex to $15bn on booming LNG market