KEZAD Group And Jotun Abu Dhabi Sign 50-Year Lease To Build AED 450 Million Facility In Abu Dhabi ICAD
Khalifa Economic Zones Abu Dhabi – KEZAD Group and Jotun Abu Dhabi have agreed a 50-year land lease in ICAD - KEZAD Musaffah. The new facility supports growth in the UAE’s paints and coatings market, which is expanding alongside construction activity and contributing more to the country’s non-oil economic output.
The project involves an AED450 million investment by Jotun Abu Dhabi in a new manufacturing plant covering 83,177 square metres. Operations will shift from the company’s existing 22,000 square metre site, and the larger base in KEZAD is expected to generate around 200 jobs within the industrial zone.
| Company | Jotun Abu Dhabi |
|---|---|
| Zone | ICAD - KEZAD Musaffah |
| Investment | AED450 million |
| Land area | 83,177 square metres |
| Current facility size | 22,000 square metres |
| Lease term | 50 years |
| Estimated jobs | Approximately 200 |
The agreement strengthens KEZAD Group’s role as a base for manufacturing in Abu Dhabi and aligns with wider industrial plans. Abdullah Al Hameli, CEO Economic Cities & Free Zones, AD Ports Group, said, "We are pleased to see Jotun Abu Dhabi expand its presence within KEZAD’s rapidly evolving industrial landscape. KEZAD Group continues to enhance world-class infrastructure that supports the advancement of the regional construction industry. Guided by the vision of our wise leadership and our role as a global manufacturing hub, we remain dedicated to supporting the UAE’s construction sector in the Emirate of Abu Dhabi."
Svein Johan Stub, General Manager of Jotun Abu Dhabi, said, "The expansion marks a major milestone in the manufacturing journey of Jotun Paints in Abu Dhabi and reinforces our commitment to strengthening our presence in the emirate. We remain confident that by being part of KEZAD’s industrial ecosystem will enable us to deliver tailored solutions that meet market demands, and support the growth of the region’s construction, real estate and energy industries." The move supports broader sector trends, as demand for coatings increases with regional development programmes.
The expansion of Jotun Abu Dhabi within KEZAD is viewed as an important step for the paints and coatings sector in the region. The larger facility in ICAD - KEZAD Musaffah, combined with KEZAD’s industrial infrastructure, is expected to help the company serve construction, real estate and energy projects while supporting economic diversification goals.
With inputs from WAM
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