Abu Dhabi Airports unveils new development plans for free zone unit
ABU DHABI, December 7, 2023
Abu Dhabi Airports has announced elaborate plans for its free zone unit, ADAFZ, including the planned construction of multiple light industrial units (LIUs).
The ADAFZ currently manage more than 100 industrial units and in excess of 1,000 real estate units across three Free Zones and Airports.
Unveiling the development plan at the Big 5 Global expo, Abu Dhabi Airports said these LIUs are currently in the master planning phase and will be built on a 200,000 sq ft area adjacent to the cargo terminal.
The construction contracts for the LIUs are likely to be awarded next year and will be completed within 12 to 18 months period, it added.
Currently in very high demand, the development of LIU’s will satisfy the increasing need from the small to medium size business community as they offer a low-cost entry and are scalable to align with the growth of the customer/tenant.
The units are ideally suited towards light manufacturing assembly, freight forwarding logistics, technology, consumer, retail and airport support services.
Chief Commercial Officer Maureen Bannerman said this was an exciting time for ADAFZ as it develops its retail, real-estate and logistics offering.
"The addition of these facilities will ensure that ADAFZ continues to offer a diverse and customer centric range of infrastructure solutions that are supported by its in-house business teams," he added.-TradeArabia News Service