Khalifa Economic Zones Abu Dhabi – KEZAD Group has announced the initiation of a project to expand warehousing capacity by over 250,000 square metres, investing AED 621M. This move aims to bring additional pre-built industrial and logistics facilities online by the end of 2025, increasing KEZAD’s total warehousing capacity by 43%.
The construction of new phases has begun in response to robust demand for warehousing and pre-built facilities across Abu Dhabi, encompassing both free zone and domestic industrial areas.
The development covers over 97,500 sq metres of leasable area in Khalifa Industrial Area (KEZAD Al Ma’mourah A B) and more than 153,000 sq metres in ICAD 3 (KEZAD Musaffah).
Since Q3 2022, KEZAD Group has already delivered over 270,000 sq metres of additional warehousing space, witnessing a 66% increase in leased area during the same period.
The expansion includes pre-built facilities such as logistics and distribution warehouses, cold stores, light industrial units, and showrooms of various sizes and specifications.
Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group, emphasized their commitment to developing more facilities for customers seeking ‘plug and play’ assets, leveraging the zones’ global connectivity and competitive cost of doing business to expand their regional reach.
Al Ahmed highlighted Abu Dhabi’s business-friendly environment, safety, and liveability as major attractions for companies relocating staff to the region, according to WAM.
As of Q3 2023, KEZAD Group managed 587,000 sq metres of pre-built industrial and logistics facilities, including 93,000 sq metres of cold storage facilities.