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KIZAD attracts AED 4.4bn food investments

KIZAD attracts AED 4.4bn food investments
KIZAD is expected to attract AED 300m investments

UAE – Mubasher: The total value of food investments at Khalifa Industrial Zone Abu Dhabi (KIZAD) amounted to AED 4.4 billion.

KIZAD is expected to attract new investments at a value of around AED 300 million in 2020, compared to around AED 150 million in 2019, the commercial director of KIZAD, Khalid Al Marzooqi, said in a recent press statement, on the sidelines of Gulfood 2020.

Al Marzooqi added that the city has more than 100 food and beverage companies, in addition to 20 factories and 10 logistics companies.