Deal to set up Automotive Aluminium Component Manufacturing Plant
Khalifa Economic Zones Abu Dhabi–KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Al Ghurair Group subsidiary Automotive Precision Technology (APT) recently announced the signing of a lease agreement for an automotive aluminium component manufacturing facility.
The 30,000sqm advanced manufacturing facility for APT in KEZAD will be strategically located adjacent to Emirates Global Aluminium, one of the largest manufacturers of aluminium in the world and will be operational by early 2025.
The signing was witnessed by His Excellency Omar Al Suwaidi, the Undersecretary, Ministry of Industry and Advanced Technology, UAE and senior officials from the Ministry, Al Ghurair Group and APT.
Partnerships
“We are pleased to be part of industrial sector partnerships of this calibre, which align with the objectives of the National Strategy for Industry and Advanced Technology and Make it in the Emirates initiative, complementing the UAE’s industrial ecosystem and export growth by strengthening its ability to link global supply and demand,” affirmed HE Omar Al Suwaidi.
“This facility is a testament to Abu Dhabi’s growing capabilities in high-tech manufacturing and KEZAD’s appeal as an ideal destination for the automotive value chain and is a step forward in our journey towards becoming a hub for advanced manufacturing in the region,” commented Abdullah Al Hameli, CEO Economic Cities & Free Zones, AD Ports Group.
Manufacturing operations
“With full integration with Khalifa Port, KEZAD Group is best positioned for high-efficiency manufacturing operations with the ability to accommodate industries of any scale,” remarked Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group.
“APT’s mission is to support the global movement in sustainability by providing innovation in aluminium extrusion and manufacturing services for the automotive industry to produce safer, lightweight and greener vehicles,” noted Aron Majgier, CEO, APT.
“Our investment in the new APT facility underscored the Group’s commitment to remaining at the forefront of manufacturing innovation and to contribute to the UAE’s economic vision,” concluded Iyad Malas, CEO, Al Ghurair Group.
