Abu Dhabi Ports Group announced that the number of licenses issued to companies working in the field of construction and building materials in the industrial cities sector and its free zone reached 281 licenses in August for companies occupying an area of more than 12,765,938 square metres.
The construction sector is one of the vital sectors in the UAE economy, as the total market value in 2020 amounted to about 372.62 billion dirhams ($101.45 billion). Economic analyzes also indicate that the sector has reached an advanced stage of maturity in the country, and its value is expected to reach 490.45 billion dirhams by 2026, an annual increase estimated at 4.69% during the period between 2021-2026.
Abdullah Al Hamli, Head of Industrial Zones and Free Zone Sector – Abu Dhabi Ports Group, stressed the great recovery of the building materials sector in Abu Dhabi thanks to the continuous incentives provided by the government in line with the vision of the wise leadership aimed at strengthening and developing this sector. He said, “The emirate continues to attract more companies that are looking to take advantage of the opportunities available in this growing sector and target more markets locally and regionally.”
The industrial cities and free zone sector of the Abu Dhabi Ports Group, which extends over an area of 550 square kilometers of industrial and commercial areas and includes more than 1,500 local, regional and international companies, is witnessing an increasing interest from leading companies looking to invest in it.
Mohammed Al-Khader Al-Ahmad, CEO of ZonesCorp, said: “Companies operating in the construction and building materials sector have shown an increasing interest in the strategic location of our industrial zones in Abu Dhabi and Al Ain and how to benefit from it in meeting the requirements of the ever-growing real estate development sector in the region.
We are committed to continuing to provide reliable infrastructure in our sustainable and efficient business system, taking into consideration all the needs of the heavy industries, building materials and construction sectors.
KIZAD and ZonesCorp currently include a number of major building materials companies, including: Emirates Global Aluminium, Emirates Steel, Emirates Flat Glass Company, Xceed Group, Extra Mix Group, Talex, and “Porcelain Tiles Abu Dhabi”, and others.
During its participation in The Big 5 Exhibition 2021 in Dubai, Abu Dhabi Ports Group recently reviewed the opportunities available in the Emirate of Abu Dhabi, which are of great interest from companies looking to establish a base of their operations in the Emirate.
It also highlighted the industrial zones sector and its free zone, which includes the Khalifa Industrial City, which is the largest integrated center for trade, industrial and logistics services in the region, and the Specialized Economic Zones Company “Zonescorp”, which is one of the largest operators of specialized economic zones in the Emirates.
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