Abu Dhabi is keen to shape itself into a manufacturing base. What role does KIZAD play in this development?
Three questions to Samir Chaturvedi, CEO KIZAD
1. What is the vision for KIZAD?
KIZAD is one of the drivers of Abu Dhabi’s diversification away from oil and gas. As industrialization ramps up both here and in the region, we foresee a significant increase in demand for port and logistics services. KIZAD offers a full range of facilities and solutions for industrial and logistics activities – from manufacturing plants to a center for entrepreneurship and incubation that will foster entrepreneurship and innovation. Our focus is to provide an ecosystem where the customers are able to have advantages of best cost, speed and scale for their operations. Within the next two years, we expect to lease out 50 square kilometers of land and complete the first phase of our development. The master plan for phase two comprises 182 square kilometers, for which we envisage $100 billion of investment by 2050.
2. Do you see KIZAD emerging as a competitor to Dubai’s Jebel Ali Freezone (JAFZA)?
Our strategy is forward-thinking and long-term, driven by an even larger, shared vision of building trade, logistics and industry across the UAE as a whole. The rise in industrial development across the region provides an opportunity to collaborate with and complement regional partners in boosting the industrial sector, while solidifying the UAE’s position as a prime location for those seeking to tap this growth.
3. Abu Dhabi is known for putting an emphasis on sustainability. How does KIZAD fit in?
Sustainability is built into our masterplan. There are strict requirements for environmentally efficient facilities for desalination, energy usage and waste disposal. Khalifa Port itself was constructed offshore in order to protect Abu Dhabi’s coral reef environment. We have received several awards for our efforts, including the Environment Protection Award at the Seatrade Middle East and Indian Subcontinent Awards for our efforts to protect the Ras Ghanada corals and marine ecosystem.
Published: October 2019