emirates7 - Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the UAE's largest operator of integrated economic zones, has signed a 50-year land lease agreement with Saudi Arabia's Delmon Industrial Complex to establish a cutting-edge facility in the ICAD III (KEZAD Musaffah) area. The plant will cater to the needs of the oil and gas industry, both regionally and internationally.
Delmon Industrial Complex, part of the Delmon Group founded in 1981 in Dammam, Saudi Arabia, is investing AED 50 million in this new facility. The group, a prominent player in mining, oil and gas, chemicals, construction, logistics, and solar solutions, aims to strengthen its presence in the UAE through this strategic expansion. The plant, spanning 59,000 square meters, will focus on exploration, extraction, and refining, transforming minerals into specialized products for the oil and gas sector.
This initiative supports Delmon Group's goal of integrating into KEZAD’s industrial ecosystem and aligns with KEZAD’s strategy to grow its manufacturing client base in the oil and gas sector. It also reinforces the region's emphasis on boosting local manufacturing capabilities.
Abdullah Al Hameli, CEO of Economic Cities & Free Zones at AD Ports Group, expressed optimism about the partnership, stating, "Our collaboration with Delmon Industrial Complex represents a significant step in welcoming esteemed manufacturers to the UAE. We anticipate a fruitful relationship that will strengthen the region’s industrial capabilities while advancing sustainable manufacturing in line with our leadership’s vision for economic diversification."
Ahmed Sulaiman Alghunaim, Founder of Delmon Industrial Complex, highlighted the importance of this expansion, saying, "The UAE’s strategic focus on the oil and gas sector, combined with KEZAD’s exceptional reputation for investor support, made it the ideal location for our growth. This new plant will help us broaden our footprint and deliver innovative solutions to the industry."
The new facility will utilize advanced industrial systems to enhance upstream, midstream, and downstream oil and gas processes. Delmon Industrial Complex aims to capitalize on KEZAD’s robust infrastructure to deliver cutting-edge products, efficient services, and rapid market access, ensuring seamless operations for clients worldwide.
Delmon Industrial Complex, part of the Delmon Group founded in 1981 in Dammam, Saudi Arabia, is investing AED 50 million in this new facility. The group, a prominent player in mining, oil and gas, chemicals, construction, logistics, and solar solutions, aims to strengthen its presence in the UAE through this strategic expansion. The plant, spanning 59,000 square meters, will focus on exploration, extraction, and refining, transforming minerals into specialized products for the oil and gas sector.
This initiative supports Delmon Group's goal of integrating into KEZAD’s industrial ecosystem and aligns with KEZAD’s strategy to grow its manufacturing client base in the oil and gas sector. It also reinforces the region's emphasis on boosting local manufacturing capabilities.
Abdullah Al Hameli, CEO of Economic Cities & Free Zones at AD Ports Group, expressed optimism about the partnership, stating, "Our collaboration with Delmon Industrial Complex represents a significant step in welcoming esteemed manufacturers to the UAE. We anticipate a fruitful relationship that will strengthen the region’s industrial capabilities while advancing sustainable manufacturing in line with our leadership’s vision for economic diversification."
Ahmed Sulaiman Alghunaim, Founder of Delmon Industrial Complex, highlighted the importance of this expansion, saying, "The UAE’s strategic focus on the oil and gas sector, combined with KEZAD’s exceptional reputation for investor support, made it the ideal location for our growth. This new plant will help us broaden our footprint and deliver innovative solutions to the industry."
The new facility will utilize advanced industrial systems to enhance upstream, midstream, and downstream oil and gas processes. Delmon Industrial Complex aims to capitalize on KEZAD’s robust infrastructure to deliver cutting-edge products, efficient services, and rapid market access, ensuring seamless operations for clients worldwide.