ZonesCorp and Block 7 join hands to bring advanced manufacturing and R&D facilities
ZonesCorp, one of the largest operators of purpose-built economic zones in the United Arab Emirates, has signed an agreement with Block 7 Investments, a joint venture between EFIRE Capital Holdings Limited of Abu Dhabi and Serba Dinamik Holdings Berhad of Malaysia, that will see the development of the Block 7 Innovation Hub in the heart of the Industrial City of Abu Dhabi (ICAD).
The new development caters to key sectors like healthcare, computer science, robotics, mobility, renewable energy and sustainable advance materials.
The development of the Block 7 Innovation Hub will take advantage of ZonesCorp’s Advanced Manufacturing Cluster, a leading regional manufacturing hub that will also service the biopharma, environmental technologies, mobility, and ICT sectors among others.
Spread over 820,000sqm, it will also include a host of dedicated IT facilities, smart office complexes, exhibition centres, as well as retail and entertainment spaces.
The agreement was signed by Mohamed Al Khadar Al Ahmed, CEO, ZonesCorp, and Dato’ Dr. Ir. Mohd Abdul Karim Bin Abdullah of Block 7 Investments as part of a ceremony hosted at ZonesCorp’s headquarters, in the presence of Abdullah Al Hameli, Head of Industrial Cities and Free Zone Cluster, Abu Dhabi Ports.
“Our collaboration with Block 7 is in line with ZonesCorp’s strategy of developing Abu Dhabi as an industrial and innovation hub,” remarked Al Ahmed.
“This project will fulfill Abu Dhabi’s aspiration to foster economic growth through advanced manufacturing and innovation patents,” commented Dato’ Dr. Mohammed.
