KEZAD Group signs lease agreement with Ducab Metals Business for facility expansion
Following expansion, KEZAD will enhance profile in the regional metals industry
Khalifa Economic Zones Abu Dhabi, the KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Ducab Metals Business (DMB), a leading supplier of metals solutions in the region, recently signed a lease agreement for expanding its existing manufacturing facility in KEZAD.
The 50-year lease agreement, signed in the presence of Mohamed Al Khadar Al Ahmed, CEO Khalifa Economic Zones Abu Dhabi – KEZAD Group, and Khaled Lootah, Chairman, Ducab Group, at the ‘Make It in The Emirates Forum 2024’.
The deal will see Ducab Metals Business adding 51,015sqm to its existing 50,000sqm facility in KEZAD for increasing high-quality copper and aluminium industrial products capacity. This expansion brings Ducab Metals Business’s presence in KEZAD to over 100,000sqm.
Sustainable growth
“KEZAD Group is helping to pave the road for sustainable growth and innovation in the UAE’s metal sector through Abu Dhabi’s business-friendly policies for the advances of metal industries and investment in associated infrastructure,” commented Al Khadar.
“The strategic location and world-class infrastructure provided by KEZAD is important in driving our future growth and operational efficiency,” remarked Mohamed Al Ahmedi, CEO, DMB.
Ducab Metals Business, a renowned brand in the metals industry, has been a model of innovation and quality with two state-of-the-art facilities and a total installed capacity of over 235,000 tonnes of copper and aluminium metal per annum, supplying over 75 countries globally. DMB is a leader in industry and is part of Ducab Group a frontrunner in the energy sector.
