Abu Dhabi Ports presents the Emirate’s attractions as investment destination for Kuwaiti businesses

Press release

Published October 14th, 2015 - 05:16 GMT

During the event

Abu Dhabi Ports, the master developer, operator and manager of ports and industrial zones in the Emirate, has presented business opportunities in Abu Dhabi’s vibrant economy, especially in Khalifa Industrial Zone Abu Dhabi (Kizad), at an exclusive business event in Kuwait. Organised by Abu Dhabi Ports in association with UNICAPITA Holdings, the invitation-only event for Kuwaiti businessmen was held on Monday, October 12 at Jumeirah Hotel at Kuwait City.

The half-day event titled “Opportunities in Abu Dhabi―A Global Trade, Manufacturing and Logistics Hub” cast light on Kizad, the industrial and logistics hub of the state-of-the-art Khalifa Port. The Port is one of the most advanced deep sea ports in the world and the first semi-automated port in the region. Kizad is fully integrated with Khalifa Port that offers an outstanding supply chain connections and efficiencies, through the services of over 20 major carriers with direct connections to over 50 destinations across the globe.

“Kizad plays a major role in Abu Dhabi’s emerging position as a global business hub, enabling the Emirate’s Economic Vision. Integration with Khalifa Port, and many other unique facilities for businesses have already made Kizad an attractive foreign direct investment destination,” said Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports.

“We wanted to share the Emirati experience of managing the world-class ports and industrial zones with Kuwaiti businessmen,” he added.

Many Kuwaiti investors have already set up business at Kizad.

Currently Kizad has around 80 national and international investors, and a total of 13 million square metres of land leased that represents a total investment of more than USD13 billion (AED 47,75 billion).

Kizad supports a wide-range of industries: aluminium, engineered metal products, food processing and packaging, trade and logistics, as well as general light industries such as pharmaceuticals and polymers.

Background Information

Abu Dhabi Ports Company

Abu Dhabi Ports Company (ADPC) is a master developer and regulator of ports and industrial zones. The objective of ADPC is to act as an enabler for development and trade and facilitate its contribution to the diversification of the national economy. In doing so, it will provide its customers and stakeholders with the highest levels of service in a responsive and transparent manner.

ADPC was established in March 2006 by Emiri Decree No. 6 of 2006 in the Emirate of Abu Dhabi as part of the restructuring of the commercial ports sector in the Emirate and was given control and regulatory enforcement power over all commercial ports assets previously owned by the Abu Dhabi Seaports Authority (ADSA).