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AD Ports Unit Leases Land Plots to Azizi Developments

MT Newswires·12/12/2025 01:32:22
語音播報
01:32 AM EST, 12/12/2025 (MT Newswires) -- Abu Dhabi Ports (ADX:ADPORTS), d/b/a AD Ports Group, unit Khalifa Economic Zones Abu Dhabi - KEZAD Group, leased 440,000 square meters of land plots in Abu Dhabi's Kezad zone to Azizi Developments for 50 years. Azizi Developments plans to invest 2 billion Emirati dirhams to develop 12 manufacturing facilities on the leased area to boost its production and supply chain capabilities, the logistics and industry group said Friday.