Abu dhabi: AD Ports Group subsidiary Khalifa Economic Zones Abu Dhabi - KEZAD Group, has finalized two significant land lease agreements worth over AED1.1 billion with prominent Indian companies, Jindal SAW Group and Haldiram Group. Together, these firms will develop over 514,000 square metres of manufacturing facilities in KEZAD Al Ma'mourah and ICAD KEZAD Musaffah, bolstering Abu Dhabi's role as a hub for advanced manufacturing, food production, and energy industries.
According to Emirates News Agency, these agreements were signed during KEZAD Group's visit to Mumbai for the Abu Dhabi Investment Forum, organized by the Abu Dhabi Investment Office and Abu Dhabi Department of Economic Development. Abdullah Al Hameli, CEO, Economic Cities and Free Zones, AD Ports Group, expressed enthusiasm about welcoming Haldiram Global and Jindal Saw to KEZAD, highlighting the trust in Abu Dhabi's industrial ecosystem. He emphasized the projects will create skilled jobs, deepen sector capabilities, and underline a commitment to sustainable industrial growth across the UAE.
The agreements align with the Abu Dhabi Industrial Strategy, aiming to enhance local manufacturing, advance technology adoption, and increase value addition. The combined investment will fortify KEZAD's food, metals, and energy-related clusters, contributing to job creation and sector diversification.
Jindal Saw Group, a global leader in steel pipes, tubes, and fittings, will expand its operations in ICAD - KEZAD Musaffah with a new 300,000 MTPA seamless pipe manufacturing facility. This AED1 billion expansion covers approximately 400,000 square metres and focuses on producing high-precision products for oil and gas exploration and transportation. P.R. Jindal, Chairman of Jindal SAW Group, noted that their partnership with KEZAD has been crucial for regional growth, with plans to create around 1,000 new jobs.
Haldiram Snacks Food Private Limited will establish its first MENA manufacturing hub in KEZAD through its subsidiary, with an investment of AED150 - 200 million. The new facility, spanning approximately 114,000 square metres, will feature up to 11 production lines to cater to global consumer preferences and create over 300 jobs. Manohar Lal Agarwal, Chairman of Haldiram Group, stated that Abu Dhabi's infrastructure and KEZAD's logistics make it an ideal base for expansion into the Middle East and North Africa.
This land lease agreement represents a significant milestone in Haldiram's international expansion strategy, reinforcing Abu Dhabi's status as a key destination for global food manufacturing and trade.