Galadari Brothers to Build AED 75 Million Heavy Equipment Facility in KEZAD

Introduction

Saudi Gulf News: An agreement was signed between Khalifa Economic Zones Abu Dhabi (KEZAD Group) and heavy equipment division of Galadari Brothers. This is 50 years land lease agreement. According to this agreement a state of the art facility will be built in Al Ma’mourah of KEZAD A. Galadari Brothers is investing AED 75 million. This facility will occupy 150,000 square meter. This facility will be used for storage and distribution of industrial equipment and heavy machineries. It will fulfill the demand of region.
Galadari Brothers to Build AED 75 Million Heavy Equipment Facility in KEZAD

Key Project Detail

Feature

Details

PartnersKEZAD Group & Galadari Brothers (Heavy Equipment Division)
Investment AmountAED 75 Million
Land Lease Term50 Years
Facility Size150,000 Square Meters
LocationKEZAD A (Al Ma’mourah), Abu Dhabi
Primary FunctionStorage and distribution of heavy machinery & industrial equipment
Strategic GoalExpansion of regional business and logistics infrastructure

Impact of This Project

  • Galadari Brothers is already top dealer of industrial equipment in UAE. It will strengthen its footprint in all over UAE and expand its business.
  • A better industrial ecosystem is available in KEZAD. The process of supply chain and distribution will be fast.
  • This project will play a big role in economy of Abu Dhabi and it will grow industrial strength.
  • Galadari Brothers has trust on UAE economy and KEZAD infrastructure, that's why Galadari Brothers is doing long term agreement of 50 years.
"By being in KEZAD, Galadari organically becomes an integral part of a cohesive industrial structure, designed for innovation, collaboration and delivery of outstanding services. As we continue on our growth path, we are hopeful that this association will be mutually beneficial for business, contributing to the growth of Galadari as well as the economic development of Abu Dhabi." said Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi - KEZAD Group.

Post a Comment

Previous Post Next Post