ZonesCorp unveils development to support growth of Abu Dhabi SMEs

ZonesCorp has unveiled a new development designed to support the growth of SMEs in Abu Dhabi at the Global Manufacturing and Industrialization Summit (GMIS).

27

The new zone being developed by ZonesCorp will feature 261 prefabricated, ready-to-use units covering an area of just over 300,000 sq. meters. Overall, 80% of the units have been designated for warehousing and 20% light industrial units.

ZonesCorp is creating a state-of-the-art, fit-for-purpose warehouse and light industrial complex in the Industrial City of Abu Dhabi (ICADIII). The project is strategically located in an ideal position for SMEs to serve the existing industrial and manufacturing hub and with access to world-class transport links to serve local and international markets.

SMEs, which account for more than 94% of the companies and 86% of the total workforce in the UAE, are the chief enablers of economic diversification, innovation and the shift to a knowledge-based economy.

Competitive land lease rates

Planned, constructed, and operated under the highest technical and environmental standards, the new zone will feature competitive land lease rates with the option to purchase. The average unit size will be 500 sq. meters but the project features flexible plot sizes that can be increased to 1,500 sq. meters and are fit-for-purpose for warehousing and light industrial units.

Saeed Eisa Al Khyeli, director-general, ZonesCorp, said: “This project is designed to facilitate the growth of SMEs and to meet the growing demand for high-quality flexible warehousing. We firmly believe that a flourishing SME sector is the cornerstone of any thriving economy and the UAE is no different.”

 

 

NO COMMENTS

LEAVE A REPLY

fourteen + fifteen =