"Kizad" An agreement is signed with two companies to establish modern warehouses
Abu Dhabi, June 26 / WAM / The Khalifa Economic areas of Abu Dhabi-Kizad Group announced the signing of a 50-year-old armament agreement with both Stoke Space, operating in the field of warehouse operating from the first category, and the company “Axion Devlomment”, the main developer of the project, to establish a modern warehouse facility in the Kizad-A “Kizad Ma’met” area.
“Stoke Space” has allocated investments of 50 million dirhams to develop the new facility on an area of 14 thousand and 200 square meters, which will include high -quality storage and operating warehouses and spaces, which are expected to contribute greatly to the growth of the food, beverage and consumer goods sectors in the region, and provide about 100 new job opportunities within the areas of the Kizad Group.
Mansour Al -Murar, Vice President for the Development of Industrial Business in the Kizad Group, said that the group is keen, based on its role as one of the main possibilities within the Abu Dhabi Industrial Strategy, to enable local manufacturing and develop support industries by providing an integrated work environment that encourages innovation, and an advanced logistical structure to facilitate distribution operations in a way that contributes to advancing sustainable growth in this sector.
He added that “Kizad” will continue to develop the industrial sector system and strengthen it with global levels and facilities, which opens new opportunities in the food markets, noting that the partnership with “Stoke Space” represents an important step in this direction, towards capacity building, enhancing the economic scene and empowering the industrial sector.
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