Browsing: industrial development
AD Ports Group recorded impressive growth in 2024, marked by key strategic investments and operational milestones. The year ended with the opening of CMA Terminals Khalifa Port, boosting the port’s capacity by 23%, strengthening its position as a global trade hub. Additionally, vehicle traffic at the Autoterminal increased by 30% in the first half of 2024, supported by an expansion of storage capacity.
UAE has secured fifth place in the 2024 Quality Infrastructure for Sustainable Development (QI4SD) Index, rising six positions since its launch by the United Nations Industrial Development Organisation (UNIDO) in 2022. The index categorises the UAE within the ‘L’ group, alongside countries with GDPs between $100 billion and $1 trillion, including Switzerland, South Africa, Singapore, and Finland.
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated economic zones, and UAE-based Apex Engineering Industries have announced a 50-year land lease for the construction of a cutting-edge facility in KEZAD Area A – Al Ma’mourah.
ADNOC has established eight new UAE-based and international industrial centres within a year through its In-Country Value (ICV) programme. These centres have generated over AED 700M in value and created 800 jobs for UAE citizens.