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KIZAD

KIZAD

The KIZAD free trade economic area, which has a special status, was founded at the end of 2010. This industrial area occupies a vast territory and had become one of the most large-scale investment projects initiated by the government of the Emirate. It is one of the largest industrial zones in the Middle East, which provides the international businesses and investors with the possibility of free economic activity.

KIZAD Free Zone: strategic objectives and mission

The Abu Dhabi Government project is the part of the general strategy of the development and diversification of the national economy for the period until 2030. The project implies the significant investments in the development of the port area and creation the modern industrial park.

The main purpose of the KIZAD FTZ economic area in the UAE is to create a modern industrial zone which would meet the needs of potential partners and investors, and also the international quality standards. The innovative technologies and the advanced industrial experience are offered as the effective management tools. The cluster system and the consulting support of the governmental bodies, make the process of business organization convenient and comfortable. And the number of competitive advantages makes your business profitable and effective.

Company registration in the Abu Dhabi KIZAD economic zone is a great opportunity for foreign entrepreneurs and investors, to invest the assets into the obviously profitable projects. The investment participation in UAE Governmental projects, which are aimed at diversification and development of the national economy, is a guaranteed success and long-term prospects.

Structure and location of the Free Zone

The free trade economic zone, in its structure, is divided into two extensive sectors, which are the major platforms. Respectively:

  • Sector A: the industrial area for accommodation of the enterprises of the machine, steel, pharmaceutical, petrochemical and building and construction industries. Also there are companies involved in the food processing industry, medicine, international logistics and biotechnologies.
  • Sector B: the territory is intended for the consolidation of companies in the field of communication and information technologies, innovations and high technologies, light industry and trade, alternative power engineering etc. Besides, there are residential areas in this sector.

The industrial area of the FTZ is situated at the equal distance from the capital of the Abu Dhabi Emirate and from the Dubai megalopolis, along the highway (E11) which connects these cities. Besides, the industrial zone has additional transport connection and the access to the Al Ain city.

As to the nearest UAE air harbors, the following distance facts can be cited:

  • Abu Dhabi International airport – 35 km;
  • Al Maktoum International airport – 52 km;
  • Dubai International airport – 85 km.

The strategically favorable location at the intersection of the trade routes from the East and West, the availability of the excellent infrastructure, which provides the access to the road, rail, air and sea transportation hubs, provide the investors with unlimited possibilities for projects implementation in the field of international logistics and also a competitive access to regional markets.

Abu Dhabi KIZAD Free Trade Economic Zone: industry clusters

The convenient system of the industry clusters allows to create the effective and economically sound chain of raw material supply and further processing. Due to this system, the investors of the FTZ are offered the competitive rates for rental property, both commercial and residential, and relatively low tariffs for communal services and energy resources.

The key industry clusters of the KIZAD Free Zone, UAE, include the following activities:

  • production of steel and aluminum;
  • production of technical products made of metal;
  • chemical industry;
  • professional medical and pharmaceutical equipment;
  • food processing industry;
  • paper production;
  • services for prepacking and packaging of the goods;
  • International trade and logistics and etc.

A specialized logistics park operates for the convenience of partners and clients of the economic zone. The park includes the vast storage facilities and the appropriate infrastructure for shipment and storage of products and goods.

KIZAD FTZ: prospects of the development

The strategy of diversification and active growth of the economy of the Emirate Abu Dhabi is designed until the 2030, and it presumes that, up to this period, on the territory of the KIZAD economic zone, will be created over 150 thousand new jobs for qualified labour forces from all over the planet. The international transport hubs, which surround the industrial area, provide the unlimited access to almost all the world’s markets. According to preliminary estimates, about 80% of products, which are manufactured on the territory of the Abu Dhabi Free Zone, will be exported abroad.

The technical facilities of UAE KIZAD free trade economic zone will allow, in the future, processing millions of tons of cargo annually, which will ensure the status of the largest industrial area in the world.

A special economic status, which provides the unlimited business opportunities and additional advantages, is provided as the incentive for potential investors and entrepreneurs. First of all, it is the opportunity of 100% foreign ownership of a company. The entrepreneurs have no necessity to seek for a local partner or sponsor. It is sufficient to rent the office premises in FTZ and to obtain the appropriate business license to carry out the economical and commercial activity.

In the case of storage of goods on the territory of the economic zone, the foreign companies are offered very attractive customs privileges for further re-export. And the local companies which produce the goods on the spot, have the preferential access to the regional markets and are exempted from the regional import duties.

The UAE state agencies on the territory of the free trade economic zone, offer a full set of services for business registration, licensing and visa clearance of the employees and founders of the company.

Conclusion

The government of the Emirate Abu Dhabi expects to attract to the area of the KIZAD FTZ not only the largest holding companies and transnational corporations, but also small and medium-sized business entities, which are engaged in various industrial sectors. The platform combines the advanced international experience, the latest technologies and investment assets from all over the world, and there is no doubt, it will get the recognition and success.

Today, when the foundation for the future financial well-being and prosperity is laying in the UAE, one should not stand aside. It is important not to miss a moment, but to take part in the investment projects which have a long-term perspective and high profitability. If you are interested in registering a profitable business on the territory of the Abu Dhabi KIZAD Free Trade Zone, or in another FTZ in any other Emirate of the UAE – contact us and get professional help.