Many of the new customers come from the aviation, logistics, and trading sectors
Abu Dhabi Airports Free Zone (ADAFZ), a wholly owned subsidiary of Abu Dhabi Airports, has recorded a 109% increase in the number of companies registering with the free zone authority in the first half of 2020, as compared to the corresponding period in 2019.
ADAFZ has also welcomed two major international companies, SMSA Express and Honeywell, to its portfolio.
“Through its work, ADAFZ helps to supplement the comprehensive stimulus packages implemented by Abu Dhabi’s leadership, and ensures that international companies can continue to have a robust and reliable partner in the Emirate,” commented Hashim Al Hashmi, CEO, Abu Dhabi Airports.
“Our investments have proven particularly prudent during the current global pandemic, with our enhanced air cargo and freight transport capabilities supporting the successful operation of the health, food and beverage, and e-commerce sectors,” remarked Adel Al Taheri, Head of Property Management and Leasing, ADAFZ.
ADAFZ has reported in its 2020 bi-annual results that the most significant portion of companies signing agreements with ADAFZ come from the aviation, e-commerce, and healthcare sectors.
In addition, ADAFZ has also welcomed companies based in both Europe and the Middle East in the ICT, logistics, pharmaceutical, and consultancy management sectors.