Abu Dhabi – Mubasher: KEZAD Group, part of Abu Dhabi Ports Company (AD Ports), has signed two land lease agreements of more than AED 1.10 billion investments with two leading Indian business groups, Jindal SAW Group and Haldiram Group.
The two companies will develop more than 514,000 square meters of manufacturing facilities in KEZAD Al Ma’mourah and ICAD KEZAD Musaffah, according to a press release.
The joint investment anchors Abu Dhabi’s position as a growing center for advanced manufacturing, food production, and energy-related industries, while supporting the goals of the Abu Dhabi Industrial Strategy and the UAE’s diversified economic growth.
Abdullah Al Hameli, CEO, Economic Cities and Free Zones at AD Ports, said: “These projects will create skilled jobs, deepen sector capabilities, and reinforce our commitment to sustainable industrial growth across the UAE.”
Jindal Saw is expected to expand its presence in ICAD - KEZAD Musaffah, with a new 300,000 million tons per annum (MTPA) seamless pipe manufacturing facility.
The AED 1 billion expansion spans around 400,000 square meters, focusing on the production of steel seamless tubes, fittings, and pipes.
Jindal, Chairman of Jindal SAW Group, mentioned: “Expanding our Abu Dhabi operations is a significant achievement for Jindal SAW, reinforcing our commitment to innovation and serving global energy markets.”
Meanwhile, Haldiram Snacks Food Private Limited will establish its first manufacturing hub in the MENA region, spread over approximately 114,000 square meters in KEZAD Al Ma’mourah.
It marks an investment ranging between AED 150 and AED 200 million, featuring up to 11 distinct production lines catering to diverse global consumer preferences. The project will create more than 300 jobs.
Manohar Lal Agarwal, Chairman, Haldiram Group, said: “Abu Dhabi’s advanced infrastructure, supportive regulatory environment, and KEZAD’s supply chain efficiencies and world-class logistics make it the perfect base for our expansion into the Middle East and North African markets.”
AD Ports recently acquired the shareholding of the Saudi Egyptian Investment Company (SEIC) in Alexandria Containers and Goods at an amount of EGP 13.23 billion.
