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Abu Dhabi has seen unrivalled industrial growth in the last 10 years. Other than geological positioning and a favorable taxation environment, this stupendous growth can be attributed to the infrastructural support by way of creating a commercial property which is specialized economic zones.
ZonesCorp has developed 50 square kilometers of specialized economic zones tailored for the industrial sector. The Industrial City of Abu Dhabi (ICAD) and Al Ain Industrial City presently contribute to almost 50% of Abu Dhabi’s GDP.
These zones contain approximately 600 manufacturing units in industries from diverse sectors such as chemicals, oil and gas, food, manufacturing, logistics and pharmaceuticals, to name a few.
Located 30 minutes from the city center, these specialized economic zones offer holistic infrastructure support in the form of power, water, gas, telecommunications and good standard labor accommodation. Streamlined support services and enhanced investor relations offered by ZonesCorp ensure that these zones have gained favor with both local and foreign investors alike.
Future development plans include concentrated clusters of automotive and logistics zones for the upcoming Etihad rail network which will connect the various countries in the Middle East. The Ruwais Industrial City and the Madinat Zayed Industrial City, in Abu Dhabi’s Western Region, are under development to keep the industrial growth buoyant.
ZonesCorp currently works in close synergy with other operating bodies such as Kizad to achieve Abu Dhabi’s 2030 vision. Investors who need proximity to the sea often choose Kizad; however, those wishing for proximity to Abu Dhabi city choose ZonesCorp.
With ZonesCorp’s ambitious plans to double the area of specialized economic zones to 100 square kilometers by 2020, it is no surprise that Abu Dhabi has firmly entrenched its footprint in industrial growth.
Commercial Property Handy Hints
• ZonesCorp created specialized zones for different industries
• It plans to double the area to 100 square kilometers by 2020
• Infrastructure support includes road networks, power, gas, etc.
Source: Dipshikha Mitra, Special to Properties
The writer is a freelancer