Wednesday, 14 December 2011

$5 billion of projects queue up for Abu Dhabi's Kizad - The National

Khalifa Industrial Zone Abu Dhabi (Kizad) has US$5 billion (Dh18.4bn) of committed projects from over 30 industrial companies spanning glass to clean technology, says a senior official.

The industrial zone in Al Taweelah hopes to announce the names of the firms in the first half of next year, said Khaled Salmeen, executive vice president of Industrial Zones, Abu Dhabi Ports Company (ADPC), the parent company of Kizad.

"We have US$5 billion of committed projects," he said. "We are able to attract very valuable industries with huge know-how."

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