KEZAD, Jotun Abu Dhabi sign deal to set up Dhs450m facility

Khalifa Economic Zones Abu Dhabi - KEZAD Group, and Jotun Abu Dhabi have signed a 50-year land lease agreement for the establishment of a new manufacturing facility in ICAD - KEZAD Musaffah.

Jotun Abu Dhabi, part of Jotun, will invest Dhs450 million in the 83,177 square metre state-of-the-art manufacturing facility.

With this investment, Jotun Abu Dhabi is embarking on a major expansion, relocating from their existing 22,000 square metre facility. The investment is set to create approximately 200 jobs in KEZAD.

Abdullah Al Hameli, CEO Economic Cities & Free Zones, AD Ports Group, said, “We are pleased to see Jotun Abu Dhabi expand its presence within KEZAD’s rapidly evolving industrial landscape. KEZAD Group continues to enhance world-class infrastructure that supports the advancement of the regional construction industry. Guided by the vision of our wise leadership and our role as a global manufacturing hub, we remain dedicated to supporting the UAE’s construction sector in the Emirate of Abu Dhabi.” Svein Johan Stub, General Manager of Jotun Abu Dhabi, said, “The expansion marks a major milestone in the manufacturing journey of Jotun Paints in Abu Dhabi and reinforces our commitment to strengthening our presence in the emirate. We remain confident that by being part of KEZAD’s industrial ecosystem will enable us to deliver tailored solutions that meet market demands, and support the growth of the region’s construction, real estate and energy industries.” The region’s paints and coatings industry is undergoing rapid development, driven by strong construction momentum in the UAE, and is poised to attract further investment expanding the scope for its future growth and contribution to the nation’s non-oil economy. Jotun Abu Dhabi’s expansion in KEZAD is a significant step forward in this direction, further accelerating the growth of the sector in this region.

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Ducab Metals Business, a leading supplier of metals solutions in the region, today signed a lease agreement for expanding its existing manufacturing facility in KEZAD.

The 50-year lease agreement, signed in the presence of Mohamed Al Khadar Al Ahmed, CEO Khalifa Economic Zones Abu Dhabi – KEZAD Group, and Khaled Lootah, Chairman of Ducab Group, at the Make It In The Emirates Forum 2024, will see Ducab Metals Business adding 51,015 square metres to its existing 50,000 sqm facility in KEZAD for increasing high-quality copper and aluminium industrial products capacity.

This expansion brings Ducab Metals Business’ presence in KEZAD to over 100,000 sqm.

The project will offer several strategic benefits, including the company’s use of their proprietary best-in-class research and development to help enhance Abu Dhabi’s reputation as a hub for the new varieties of advanced metal products. The facility will certainly also create new jobs in the process.

Mohamed Al Khadar, CEO of KEZAD Group, said, “Ducab Metals Business is a reputable name in the industry. KEZAD Group is spearheading the progress in metal manufacturing as one of the leading industrial and economic zones in the United Arab Emirates. KEZAD Group is helping to pave the road for sustainable growth and innovation in the UAE’s metal sector through Abu Dhabi’s business-friendly policies for the advances of metal industries and investment in associated infrastructure.”

Mohamed Al Ahmedi, CEO of DMB, spoke about the expansion of their facility in KEZAD. He stated, “Our expansion in KEZAD marks a significant milestone for DMB. This move will enhance our production capabilities and enable us to service new industries such as Energy, Transport and Transformers and meet the growing demand more effectively. The strategic location and world-class infrastructure provided by KEZAD is important in driving our future growth and operational efficiency.”

Ducab Metals Business, a renowned brand in the metals industry, has been a model of innovation and quality with two state-of-the-art facilities and a total installed capacity of over 235,000 tonnes of copper and aluminium metal per annum, supplying over 75 countries globally. DMB is a leader in industry and is part of Ducab Group a frontrunner in the energy sector.

Make It In The Emirates Forum, organised by the UAE Ministry of Industry and Advanced Technology (MoIAT) offers a valuable networking and knowledge exchange platform for the industrial community, both locally and internationally. The event brings together decision-makers, government and private sector officials, experts, entrepreneurs, financing entities, investors, startups, and SMEs – with the primary goal of showcasing investment opportunities within the local industrial sector.

WAM