Focusing on exploiting its comparative advantage in industrial sector, Abu Dhabi is launching several economic zones including a Metal City, an Energy Zone, a Polymer Park, besides adding three more extensions to industrial City of Abu Dhabi (ICAD).
"Polymer Park, will be an important industrial area, where world class business doing environment is being created for setting up the downstream plastic industry, to convert Abu Dhabi's manufactured plastics," said Engr. Jaber Al Khaili, CEO of ZonesCorp, while giving a presentation to Minister for Economy Sultan bin Saeed Al Mansouri and Shaikh Hamed bin Zayed Al Nahyan, Chief of Abu Dhabi Crown Prince's Court and Chairman of ZonesCorp.
The first company would launch its construction activity in the park by the end of this year. Other plans for creating industrial infrastructure included 'a Metal City', in the Taweelah industrial zone, as part of major port development project. It would be a cluster, in which up-stream, mid- stream and down-stream industries would be set up, along with the service, maintenance and other support businesses.
Manufacturing units engaged in steel, aluminum and copper could only be allowed to operate in the Metal City. They would include pellitisation of steel, aluminum and copper refineries in the up-stream level. In mid stream, mega steel plant, aluminum smelter would be set up. There would be a whole range of industrial sectors to be developed at the down-stream level which would include rolling mills, extrusion, casting, flat complex, wire rod etc. Al Khaili said that industrial units involved in aircraft, automobile spares, appliances, cable, air conditioners, door/window, pipe, packaging and other items would be established.
Energy zone: ZonesCorp chief said Energy Zone in the Musaffah area would be an exclusive area for companies dealing with oil and gas sector, besides other supporting sectors like EPC firms, engineering consultancies etc. These companies would be offered attractive economic benefits to operate out of this economic zone. MENAFN
"Polymer Park, will be an important industrial area, where world class business doing environment is being created for setting up the downstream plastic industry, to convert Abu Dhabi's manufactured plastics," said Engr. Jaber Al Khaili, CEO of ZonesCorp, while giving a presentation to Minister for Economy Sultan bin Saeed Al Mansouri and Shaikh Hamed bin Zayed Al Nahyan, Chief of Abu Dhabi Crown Prince's Court and Chairman of ZonesCorp.
The first company would launch its construction activity in the park by the end of this year. Other plans for creating industrial infrastructure included 'a Metal City', in the Taweelah industrial zone, as part of major port development project. It would be a cluster, in which up-stream, mid- stream and down-stream industries would be set up, along with the service, maintenance and other support businesses.
Manufacturing units engaged in steel, aluminum and copper could only be allowed to operate in the Metal City. They would include pellitisation of steel, aluminum and copper refineries in the up-stream level. In mid stream, mega steel plant, aluminum smelter would be set up. There would be a whole range of industrial sectors to be developed at the down-stream level which would include rolling mills, extrusion, casting, flat complex, wire rod etc. Al Khaili said that industrial units involved in aircraft, automobile spares, appliances, cable, air conditioners, door/window, pipe, packaging and other items would be established.
Energy zone: ZonesCorp chief said Energy Zone in the Musaffah area would be an exclusive area for companies dealing with oil and gas sector, besides other supporting sectors like EPC firms, engineering consultancies etc. These companies would be offered attractive economic benefits to operate out of this economic zone. MENAFN
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