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ABU DHABI / WAM
Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone (KIZAD, has announced the launch of the Khalifa Port Free Trade Zone (KPFTZ) the largest free zone area in the Middle East, to the European market at the Hannover Messe exhibition in Germany.
Commenting on the organisation’s participation this year, Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports said, “Abu Dhabi Ports has been an integral part of the emirate’s rapid growth in line with the Abu Dhabi Vision 2030. Throughout 2016, the company has focused its strategies on three main aspects: expansion and growth, customer-centric processes supported by smart systems, as well as further developing its capacity.”
“Hannover Messe is an opportunity for Abu Dhabi Ports to present its achievements and consolidated business offerings to the European market. We consider Khalifa Port Free Trade Zone a milestone on Abu Dhabi Ports’ roadmap of success. Fully integrated with Khalifa Port, the region’s first semi-automated port, the Free Trade Zone is attracting a wide portfolio of investment sectors and putting Abu Dhabi on the global map for maritime innovation. It is poised to become the future of trade in the emirate of Abu Dhabi, adding significant value to investors, while strengthening Abu Dhabi’s position as a thriving maritime hub in the Middle East, Africa, and South Asia region,” Al Shamisi added.
Attending the global industrial gathering, Mana Mohammed Saeed Al Mulla, CEO of KIZAD, said, “Our participation at Hannover Messe this year is unique as we announced an opportunity that many foreign direct investors in the packaging, manufacturing and industrial trade sectors have been demanding, and that is more free zone space. In 2016, and in response to the growing demand for free zones, Abu Dhabi Ports introduced Khalifa Port FTZ within KIZAD, increasing its total free zone space to over 100 million metres squared. Today KIZAD has over 130 local and international
investors.”
“KPFTZ provides numerous advantages to investors. They can enjoy 100 percent foreign ownership, 100 percent repatriation of capital and profits, and outstanding access to markets and world-class infrastructure. Khalifa Port FTZ is already attracting global interest from manufacturing investors that will bring new technology, product diversification and increased trade through our ports,” Al Mulla concluded.