UAE-based Apex Engineering Industries will set up a AED90 million ($24.5 million) facility in Kezad Abu Dhabi to produce industrial parts, machinery and equipment for the oil and gas, locomotive and defence industries. 

 

For this, Apex has signed a 50-year land lease agreement with Khalifa Economic Zones Abu Dhabi – Kezad Group, the largest operator of integrated and purpose-built economic zones, for the 40,000 sq m state-of-the-art plant at Kezad Area A – Al Ma'mourah.

 

The facility will use advanced engineering for the design and development of innovative systems to serve the above sectors. All operations at the plant will take place in alignment with environment protection commitments and will uphold the sustainable business practices in Kezad. 

 

Prime hub

The construction of the proposed plant is set to further propel manufacturing for industries with large-scale undertakings and positions Kezad as the prime hub for extensive industrial development. The agreement emphasises AD Ports Group’s strategy to attract manufacturing companies from around the world and across the board to drive economic growth.

 

Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi - Kezad Group said: “The setting up of the new plant will be a welcome addition to our ecosystem of diverse industrial manufacturing companies driving sustained economic growth. 

 

“We look forward to the project’s contribution to UAE’s strategic vision of diversifying its economy and becoming the global hub for innovation.” 

 

Unique material treatment process 

Nooruddin F Daud, Partner, Apex Engineering Industries, said: “We aim to provide services to the Oil & Gas, Locomotives, Automotive, Defence and Engineering Sectors in the UAE. We look forward to contributing to the engineering & manufacturing eco-system of the UAE in general and Abu Dhabi in particular. We already have our plant and equipment installed for a unique material treatment process that enhances the lifecycle of metal wear parts like cutting tools, brake discs, gears etc. thereby providing economic benefits to our customers.

 

“The industry enabling regulations and the business-friendly environment provided by the Abu Dhabi Department of Economic Development (ADDED) coupled with world class facilities provided by Kezad make it a very attractive option to set up our facilities here in Kezad.”--TradeArabia News Service