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Old October 13th, 2004, 03:34 AM   #1
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#PROJECT: ABU DHABI INDUSTRIAL CITY



Location : Mussafah,Abu Dhabi

Client :Government of Abu Dhabi
Size : Total floor area: 25,000sqm
Status : Under construction
A new city covering an area of approximately 14 km2 is being developed in Abu Dhabi. It will be served by a deep water channel along its southern boundary and will have direct access to the main strategic network. All facilities needed to support and encourage industry, commerce and associated business activities are provided for a planned work force of almost 40,000. A separate well provisioned residential area served by all local amenities will house a resident population of 8,000.

The main centre complex forming the administrative hub is already under construction. Comprising 22 buildings, the architectural style is a modernised version of Southern Arabia, enhanced by courtyards and plazas and defined by colonnades and pathways.
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Old October 13th, 2004, 03:36 AM   #2
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ADCB is the first bank in the UAE to sign up with ICAD and as such demonstrates ADCB's steadfast commitment and support of the unique development.

The agreement was signed at ADCB's head office in Abu Dhabi between Eirvin Knox, Chief Executive Officer at ADCB and Ali Al Mansouri, General Manager of Higher Corporation for Specialised Economic Zones. The new branch will be known as the ADCB Business Centre is expected to open at the end of November.

'It gives me great pleasure to announce our partnership with the Industrial City of Abu Dhabi. ADCB applauds the vision behind the establishment of ICAD and we are committed to ensuring that ADCB contributes to its overall success. We are confident that the new state-of-the-art branch, which will carry the new look and design of ADCB, will be an asset to the ICAD business community,' said Eirvin Knox, CEO of ADCB.

Set to become the flagship of the ADCB branch network, the new ADCB Business Centre will be designed over 2 floors, with a total development area of 700 sq. meters and will provide the bank's full range of products and services.

'The Industrial City of Abu Dhabi is delighted to be partnering with such a reputable banking institution. ADCB has recognised the strategic importance of ICAD and we look forward to working with the ADCB team to ensure that this development is a resounding success. The agreement was formed to fulfil the needs of our clients such as business people and that is done through investing in ICAD. The Higher Corporation for Specialized Economic Zones is working hard for a successful future' said Ali Al Mansouri, General Manager of Higher Corporation for Specialized Economic Zones.
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Old October 13th, 2004, 04:38 AM   #3
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are they copying saudi arabia, they have 2 huge industrial cities of jubail, and yanbu.
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Old October 13th, 2004, 09:59 AM   #4
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Everyone has an industrail city I dont see how this will be any difference.

Do you guys know if AD will still be assembling VW cars>
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Old October 13th, 2004, 11:45 AM   #5
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great news
QATAR4EVER yeah i guess so bro ..the VW delegate toured the industrial city a few weeks ago so i think it's a green light
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Old December 28th, 2004, 11:43 AM   #6
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Two factories worth Dh283m being set up in Abu Dhabi

Abu Dhabi: The Emirates International Investment Company LLC is building two factories in the capital with a combined investment outlay of Dh283 million, a company official said.

"The Emirates International Investment Company LLC [EIIC] aims to participate in Abu Dhabi's industrial drive. Both factories are viable projects, as there is a strong demand for their products in the local and overseas markets," the official told Gulf News. One factory will produce polyester fibre. The other will manufacture copper rods. Both will be up and running before the end of 2005, he said.

The official said the polyester factory will be the biggest in the region to produce coloured fibre threads for use in making products such as carpets. The production capacity of the Dh100 million factory is about 50 tonnes daily of coloured fibre. It will also produce 10 tonnes of Poy thread, used as a raw material in filament factories.

"We will cater to domestic and international markets. The raw material will be procured 100 per cent from GCC countries. The products will be of high quality, with a certain thickness and the feel of silk," the official said.

Bullish about market prospects, he said potential buyers are from Syria (a big producer of polyester fabrics), Iran, Turkey and some European countries.

Polyester fibre thread is used in military tanks, car seats and many other things. Production is expected to start next October.

The second factory will melt copper and convert it into rods. Production capacity is pegged at 100,000 tonnes annually in the first phase and the investment outlay is Dh183 million, the official said.

"Production will start in August 2005. We will produce mainly 8mm copper rods to cater to the electrocable industry in this region that is growing rapidly. Copper arch is the main material in electrocables. Demand for this is growing by about 40 tonnes per year in the GCC markets," he said.

The rods are multipurpose, however, and are used widely in computers and in construction.

Both factories are currently under construction.

EIIC is a five-year-old Abu Dhabi-based company. It manages two other factories in the capital.
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Old December 28th, 2004, 10:29 PM   #7
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Good news, and I hope those cables get cheaper with that ^_^
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Old April 10th, 2005, 06:27 AM   #8
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ADCB initiative to help boost Industrial City of Abu Dhabi

Abu Dhabi: Abu Dhabi Commercial Bank has entered into an agreement with the Higher Corporation for Specialised Economic Zones to provide financial advisory services on the fast track development of the Industrial City of Abu Dhabi Phase 2.

In addition, Abu Dhabi Commercial Bank (ADCB) will advise the Higher Corporation for Specialised Economic Zones (HCSEZ) on the establishment of an infrastructure fund as the preferred vehicle through which to finance the development of Industrial City of Abu Dhabi (ICAD) and other infrastructure assets in Abu Dhabi.

In this initiative, ADCB is partnered by Macquarie Bank Limited, headquartered in Sydney, Australia, a world leader in the structuring and financing of infrastructure assets.

Shaikh Hamed Bin Zayed Al Nahyan, Chairman of HCSEZ, said, "The effective development of ICAD is a top priority for Abu Dhabi and I am delighted to be signing this agreement with ADCB who, partnered by Macquarie Bank Limited, will enable us to achieve our very demanding objectives. This agreement follows many months of careful evaluation and I am sure we have the right partners for these initiatives."

"We have long recognised the importance of ICAD" added Saeed Al Hajeri, Chairman of ADCB, "and realised that the best way to contribute to its success is through the establishment of a strategic relationship with Macquarie Bank Limited, which will enable us to provide a full range of services to HCSEZ.

"We are excited by the prospects for ICAD and are totally committed to playing a key financial role in its success," Nicholas Moore, head of Macquarie Bank Limited's Investment Banking Group said.
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Old April 24th, 2005, 06:25 AM   #9
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Abu Dhabi unveils joint automotive venture initiative

Abu Dhabi: Abu Dhabi has launched an ambitious joint sector initiative aimed at boosting industrial activity in the automotive sector.

Initial investment in the project at Abu Dhabi Industrial City will be Dh500 million.

Shaikh Hamed Bin Zayed Al Nahyan, Chairman, Abu Dhabi Department of Planning and Economy, underlined the need for the public and private sectors to enter into partnerships.

These partnerships should be encouraged in all economic and investment areas, he said in a statement yesterday.

Shaikh Hamed, who is also the board chairman of the Higher Corporation for Specialised Economic Zone (HCSEZ), made the statement following a partnership agreement signed between the HCSEZ and the Elite Investment House (EIH), a consortium of national companies and business institutions operating in Abu Dhabi, to set up an automobile investment project at the Abu Dhabi Industrial City.

Ali Za'Al Mansouri, HCSEZ director general, signed the agreement for his outfit, while Ahmad Mohammad Al Rumaithy, chief executive of the Four Directions Group, a member of the consortium, signed for EIH.

Based on the agreement, the consortium will rent more than 20 million square feet of land at the Abu Dhabi Industrial City (Adic) in Musaffah as a first step towards renting more than 100 million square feet of land at Adic.

The agreement covers logistics, storage and spare parts, in addition to the setting up of services centres for the various activities.

The project is part of steps embarked upon by Abu Dhabi in recent times to boost its industrial and services sector with the aim of transforming the emirate into an important industrial hub not only at the national level but also at the regional level.

Abu Dhabi planned to achieve this by entering into partnership agreements with a variety of international automobile companies.

In his statement after signing the agreement, Al Mansouri said the authorities' commitment to support Abu Dhabi's growing industrial sector was clearly manifested, particularly after the signing of a number of partnership agreements with renowned international industrial and investment institutions, including international investors in the automobile industry.

He stressed the importance of the partnership agreement between the HCSEZ and EIH, which he said was a new incentive for more such successful deals in the near future.

Al Rumaithy, for his part, said the EIH's decision to take such a step was based on its great trust and confidence in the favourable investment climate existing in Abu Dhabi, which is being boosted by the government's continuous support.
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Old April 24th, 2005, 02:57 PM   #10
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Abu Dhabi has launched a Dh500 million ($136.2 million) initiative aimed at boosting industrial activity in the automotive sector. The project is expected to materialize at the Abu Dhabi Industrial City.

Shaikh Hamed Bin Zayed Al Nahyan, chairman, Abu Dhabi Department of Planning and Economy and board chairman of the Higher Corporation for Specialised Economic Zone (HCSEZ), said the public and private sectors should enter into partnerships. He was addressing the gathering at partnership agreement between the HCSEZ and the Elite Investment House (EIH), to set up an automobile investment project at the Abu Dhabi Industrial City, according to a report in the Gulf News.

Ali Za'Al Mansouri, HCSEZ director general, signed the agreement for his outfit, while Ahmad Mohammad Al Rumaithy, chief executive of the Four Directions Group, a member of the consortium, signed for EIH.

Based on the agreement, the consortium will rent more than 20 million sq ft of land at the Abu Dhabi Industrial City (Adic) in Musaffah as a first step towards renting more than 100 million sq ft of land at Adic.

The agreement covers logistics, storage and spare parts, in addition to the setting up of services centres for the various activities. The project is part of steps embarked upon by Abu Dhabi in recent times to boost its industrial and services sector with the aim of transforming the emirate into an important industrial hub not only at the national level but also at the regional level.

In his statement after signing the agreement, Al Mansouri said the authorities' commitment to support Abu Dhabi's growing industrial sector was clearly manifested, particularly after the signing of a number of partnership agreements with renowned international industrial and investment institutions, including international investors in the automobile industry.
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Old April 25th, 2005, 07:10 AM   #11
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New Industrial City unveils ambitious expansion plans

Abu Dhabi:

Buoyed by growing demand from investors, Abu Dhabi's New Industrial City is poised to expand three-fold, a top government official said yesterday.

"Industrialisation activity in the emirate looks very promising, particularly manufacturing where many facilities are under construction. We may double or triple the area of the New Industrial City," said Salem M. Al Daheri, under-secretary in the Department of Economy and Planning.

"We have a big waiting list," he said at a news conference to announce the department's new licensing procedures.

The New Industrial City now covers about 24 square kilometres and in terms of investments Dh6 billion has been committed so far, taking up about 90 per cent of the space, he said.

Plans are also under way to encourage small and medium enterprises (SMEs) in the capital. "We are planning to have a new department for SMEs because these form a separate industry," he said.

The Department of Economy and Planning's licensing systems have been simplified to streamline the procedures. High-tech machines have been installed to enable applicants to access information or data and apply online.

"Our aim is to encourage new investors and businessmen to do business in Abu Dhabi and without too many lengthy procedures," said Al Daheri.

"It is now possible to secure trade licences through our website. We have also introduced an SMS service to inform the customers when everything is ready."
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Old April 25th, 2005, 07:25 AM   #12
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Abu Dhabi starts work to expand ADIC

25 April 2005

ABU DHABI — The government has initiated work to expand Abu Dhabi Industrial City (ADIC) to accommodate more industrial units, as 90 per cent plots have already been occupied by the industries.

"The industrial activity is at its peak in the emirate, many applications are lying pending for industrial plots," said Salem bin Mohammed Al Dhahery, Under-Secretary of Abu Dhabi Economic Department (ADED), while briefing reporters on a newly established 'one-window facility' to obtain trade licences for the new businesses.

He didn't give details of the ADIC expansion project, saying work is underway which will give boost to the industrial activity in the emirate.

Dhahery said that the ADED has removed all obstacles in the way of doing business in the emirate, repositioning Abu Dhabi in the competitive economy.

"Now, the one-window facility will be extended further as the same facilities will be available on-line very soon. All the fees and other government obligations in connection with these services can also be paid through credit card or through e-dirham card online," he said.

Dhahery said a comprehensive Web site of the department is available for browsing, which is loaded with all vital statistics on the emirate's economy.

"You need basic statistics for preparing a feasibility study before embarking on any business. And to facilitate the businesses, we have uploaded all information on the Internet under the name of Abu Dhabi Economic Indicators," he claimed.

Not many people in past had access to such a basic business information, which now is available on Web site (http//www.adeconomy.gov.ae).
Dhahery said that the government is keen to encourage local businesses that will attract foreign investors and boost the non-oil economy of the emirate.
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Old April 27th, 2005, 04:23 AM   #13
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Dh2b auto trade project unveiled

Apr 26, 2005

An ambitious project to set up the region's largest automobile trading centre in the Abu Dhabi Industrial City at a total cost of two billion Dirhams, was unveiled here today.

In a press conference held here today, Ahmed Mohammed Al Rumaithi, Chief Executive Officer of the Four Directions Group, outlined the project details, saying that once completed, it would join the country's major land marks and tourist attractions.

The project, named Autopolis, involves developing of a two- kilometer long and 0.6 kilometer wide offshore area to a bustling commercial and entertainment district with luxurious auto showrooms, a vintage car museum, information and shopping centres, residential villas, a 45 to 50-storey international hotel, a specialist auto trade centre, an entertainment centre, a marina club and a learning academy.

"This state-of--the-art project will add to Abu Dhabi's efforts to become a hub for automobile industry in the Middle East," Al Rumaithi said.

Designs of the project were done by the Singapore-based Surbana International consultants.

He described the project as a "meeting point for manufacturers and international and regional dealers who would be interested to set up their regional headquarters there." Al Rumaithi also revealed that an 8-shaped arena will be constructed to enable buyers of new cars and test drivers to test their capabilities, without violating traffic rules.

He praised the support given by the Abu Dhabi Planning and Economy department and its Chairman, Sheikh Hamed bin Zayed Al Nahyan for the project.

The company also announced that, parallel to Autopolis, another project, Autohop, will be set up. The two projects will be part of the 500 million Dirhams Four directions-Bin Salem consortium, the designs of which are being prepared by Elite Group. The two projects are expected to be completed in 3 to 4 years.
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Old July 10th, 2005, 07:31 AM   #14
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Company investments hit Dh6b in Industrial City

Abu Dhabi: Investments in the new Industrial City of Abu Dhabi (ICAD) have topped Dh6 billion and local banks will play a crucial role in further industrialisation, a top government official said yesterday.

"Industrialisation is moving ahead at ICAD with the UAE President and Crown Prince supporting it. So far investments at ICAD are more than Dh6 billion. We are planning some new projects," said Shaikh Hamed Bin Zayed Al Nahyan, Chairman of the Abu Dhabi Department of Economy and Planning.

"Local banks are setting up operations in the industrial city and they will support and push industrialisation," he told reporters after the formal opening of a new business centre by Abu Dhabi Commercial Bank.

Shaikh Hamed hinted that there could be a change in plans regarding the proposed automobile hub in Abu Dhabi. "We are working on it but there could be slight changes in our approach and the project will be launched as per our priorities," he said, without elaborating.

Last April plans were unveiled to set up a complex focusing on the auto industry.

Eirvin Knox, chief executive of ADCB, said the move to set up a business centre at ICAD was a strategic decision rather than just another branch.

"We are confident of the government's development plans to encourage industries. There are already about 60 plants or companies at ICAD.

"There are more coming up and ADCB will play a significant role in the development of ICAD by offering our services to investors and industrial companies."

The bank will also offer finance to start-ups and existing industries, he added.

Knox said the bank would announce its first half results this week but declined to provide figures. "We have seen solid improvements in our operating business over the last year and without any unusual items. We've got some unexpected numbers coming through."

The huge net profits earned by some banks in the first half of this year were partly due to the income from initial public offerings (IPOs) he said. "The earnings came from the overall market, not just IPOs. A lot of money came from brokerages, investment funds, IPOs and fees or interest from lending."
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Old December 17th, 2005, 08:11 PM   #15
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They had a feature on Abu Dhabi's industrial cities on Middle East Business Report (on BBC World). Apparently the plan is to build twenty of these industrial cities, each specialising in a particular industry.
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Old January 23rd, 2006, 01:53 AM   #16
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Abu Dhabi launches second industrial city

Abu Dhabi

The Higher Corporation for Specialised Economic Zones (HCSEZ) has launched the Industrial City of Abu Dhabi 2 (ICAD 2) in line with the rapid transformation of the Abu Dhabi economy.

The ICAD2, the second of many similar planned developments, is a 10 sq km mixed industrial estate that will accommodate a building materials cluster as well as a dedicated oil and gas industrial services complex. Key investors in ICAD 2 include Dubai Investment Company, Ali & Sons, Emirates International Investment Company and Bukhater Group, a company spokesman said.

HCSEZ was established in June 2004 to promote economic investment in the Emirate of Abu Dhabi and serves as the key government entity in developing and diversifying the economy of Abu Dhabi through the creation and promotion of Specialised Economic Zones. ICAD 2 is the second of many specialised economic zones that HCSEZ will be promoting in the near future.
“We aim to develop new and strategically important sectors by having HCSEZ as the main gate to all aspects of economic development,” said Sheikh Hamed bin Zayed Al Nahyan, who is the chairman of both the Department of Planning and Economy in Abu Dhabi and the HCSEZ.

“This will be achieved by ensuring that HCSEZ provides integrated state-of-the-art infrastructure and services through specialised economic zones that offer investors a business-friendly environment. Our objective is to attract and promote industries that are knowledge, energy and capital intensive in order to transform Abu Dhabi into a manufacturing, services and logistics hub,” he said.

“The decision to launch ICAD 2 stems from the previous success of ICAD 1 which has been acknowledged for its swift issuance of government permits and licences, suitable land/areas for factories with fully developed infrastructure and a full set of dedicated business support services, to name a few,” the spokesman concludes.
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Old April 30th, 2006, 02:01 AM   #17
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UAE-made buses to roll out in June


Trans Continental is targeting sales of 300 buses per year. Initial production will be sold to India's Ashok Leyland.

Abu Dhabi: The UAE's first locally built buses will be ready for roll out in a month's time from Abu Dhabi's industrial city, top officials of the manufacturing company said on Saturday.

Trans Continental Industries LLC, a 51:49 joint venture between the Bin Jabr Group and UK-based Vectra Azad, is putting the final touches to the first set of buses that comprise the pilot batch.

"The first batch of 10 buses will roll out in June. Currently, testing of the pilot production is going on. After that there will be a steady flow of buses," Saeed Saif Bin Jabr Al Suwaidi, President of Bin Jabr Group told Gulf News.

Trans Continental becomes the first entity in the UAE to manufacture "complete ready to drive" buses and coaches and perhaps in the GCC as well. Saudi Arabia has a bus body building facility and Iran has a big manufacturing plant. "Initially, we are targeting sales of 300 buses per annum and depending on demand this would increase," he said.

The facility with an initial investment of Dh30 million has the capacity to build 300 buses on a one-shift operation but it can be extended to 1,000 vehicles in two shifts, said Vinay V. Kulkarni, Director of Plant Operations.

"Initially the plant will produce commuter coaches (for office staff transport), school buses and inter-city buses. Until end-2007, we plan to have a one-shift operation."

The initial production of 300 buses for the first two years will be sold to India's second largest automotive giant, Ashok Leyland Group. Trans Continental has struck a strategic alliance with Ashok Leyland for design, manufacturing and marketing of the buses.

Studies show that current demand for commuter coaches in the GCC is about 3,000 per year.
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Old June 7th, 2008, 03:14 PM   #18
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Abu Dhabi plans $490m industrial park

United Arab Emirates: Wednesday, June 04 - 2008 at 09:46


State-owned Abu Dhabi Basic Industries Corporation is to build an industrial park and an associated polymer plant to manufacture substances used for plastics for $490m, reported Reuters. The company expects to attract investments to the park worth more than $4bn
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Old June 13th, 2008, 12:14 AM   #19
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Abu Dhabi to build $4bn polymer park

United Arab Emirates: Wednesday, June 11 - 2008 at 07:34


Abu Dhabi Basic Industries Corporation (Adbic), a subsidiary of Abu Dhabi government's General Holding Company, has announced plans to build a $4bn polymer park dedicated to plastic conversion. The Abu Dhabi Polymer Park will be located at the Industrial City of Abu Dhabi and will host about 50 to 60 plastic product manufacturers to provide for downstream production and integrate with the mid- and up-stream players in the UAE and the region, reported Gulf News.
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Old March 2nd, 2009, 11:24 PM   #20
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Abu Dhabi to invest $24bn in industrial port and city project

on Tuesday, March 03, 2009

Total investments in Abu Dhabi's industrial port and city project will be $24 billion (Dh88bn), this was announced yesterday.

The project is expected to form nine per cent of Abu Dhabi's Gross Domestic Product and 80 per cent of the government revenue, said Maqita Al Ahbabi, Senior Coordinator of Project Development Strategy and Development, Abu Dhabi Port Company. It will cater to 300, 000 residents and will create 150,000 jobs, she said.

The project will be executed over several phases. The area of the first phase extends on an area of 50 square kilometres and in the second phase it will have 100 square kilometres.

The first phase will include the inception of Khalifa Port, while the other phases will include industrial sectors, like aluminum, petrochemical and clean technology industries, she said in her lecture during the third session of Abu Dhabi Economic Forum which discussed "Investment Opportunities in Abu Dhabi and Partnership Strategy".

Al Ahbabi added the first phase will end in 2010, which will see the construction of a port in the shape of an island in the sea.

Work in the port is going on without delay and the last two years saw big developments in the construction of the port with the total investment in the port's construction so far reaching $5.1bn.

"Abu Dhabi aims to find strong partnerships to operate the port and Khalifa Industrial City. Abu Dhabi Ports Company set many sectors for partnership in the port and industrial city project, including industrial areas, infrastructure, warehouses and commercial services. Abu Dhabi has a long-term strategy to create an economic balance to reduce dependence on oil sector. We expect the emirate will hit an annual growth rate of 8.5 per cent in the non-oil sector. Khalifa Industrial City will have a big participation in reaching this growth rate."

Mohamad Al Qamzi, Senior Vice-President, Abu Dhabi Basic Industries Corporation (Adbic), spoke in the same session about Abu Dhabi Ploymers Park project. He said the project produced 140 million tonnes of plastic products in 2007 and is expected to produce 170 million tonnes in 2010. "We attempt to raise the project's capacity by 10 per cent a year up to 2015," he said.

Al Qamzi said foreign investments in this important industrial sector are on the rise and the value of investments currently is $2bn.

"We have many characteristics which push for the increase of foreign investments. The most important of which is the low prices of energy and easy obtaining of raw materials with competitive prices," he said.

Khalfan Saeed Al Kaabi, Chairman of Ascorp Holdings, said Abu Dhabi's economy is one of the strong economies which are immune from the international financial crisis as a result of the leadership's wisdom which supported all components of the economy throughout last year. He said consolidated economic performance can be achieved if the government tries to boost economy in crisis.

http://www.business24-7.ae/Articles/...1b080eb1c.aspx
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