Media ININ Economy We Trust
Media In \ Abu Dhabi 22-01-2019 / WAM
Captain Mohammed Jumaa Al Shamsi, Chief Executive Officer of Abu Dhabi Ports, said that the volume of direct investments in Khalifa Industrial City reached 70 billion dirhams. He pointed out that the city has succeeded in attracting more than 200 national and foreign investors, thus contributing to building a diversified, sustainable and knowledge-based economy by attracting more. From local, regional and global companies.
Al Shamsi said in a press statement on the sidelines of the laying of the foundation stone of the first Chinese tire manufacturer, “Roadbott Tire Industry”, which provides 1200 new jobs, there are 45 companies and factories operating in Khalifa Industrial City.
Al Shamsi confirmed that Abu Dhabi Ports maintained steady growth rates, with its contribution in 2017 to 19.6 billion dirhams of non-oil GDP in the Emirate of Abu Dhabi, or 3.6%. He pointed out that the company aims to achieve steady growth in the coming years to contribute By 15% of Abu Dhabi’s non-oil GDP by 2030.
The CEO of Abu Dhabi Ports said that the project of the Chinese tire manufacturer “Roadbott Tire” is the latest in the 50-year agreement between the Abu Dhabi and GOSTEC ports signed in 2017. The new factory meets the highest standards in the tire industry through accreditation On-the-art, fully automated and environmentally friendly solutions. Production will be the highest in the automotive and trucking industry within a single location.
Abu Dhabi Ports CEO said that the laying of the foundation stone of the Chinese tire factory is at the heart of the “Belt and Road” initiative. The result of the work and partnership between the UAE and China reflects the depth of the relations between the two countries, noting that the production of the plant will be distributed in the Middle East and Africa, And Europe.
Khalifa Industrial City in Abu Dhabi is the first free zone for trade, logistics and industry, offering unique access to regional and global markets with reduced operating costs and greater ease of business.
Khalifa Industrial City has the ability to access the market through the infrastructure infrastructure developed by land, sea and air as well as through the network of trains to be implemented in the future.
