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4.4 billion dirhams of food investments in "Khalifa Industrial"

2020-02-17T17:00:01.113Z

"The total value of investments in the city's food sector has finally reached 4.4 billion dirhams," said commercial director of Khalifa Industrial City, "Kizad", Khaled Al Marzouqi, noting that "it is expected to attract new investments in the food complex in the city, amounting to about 300 million dirhams vinegar."



"The total value of investments in the food sector in the city has finally reached 4.4 billion dirhams," said the commercial director at Khalifa Industrial City, "Kizad", adding that "it is expected to attract new investments in the food complex in the city, amounting to about 300 million dirhams during the This year, according to initiatives and agreements on procedural steps.

In a press statement today, on the sidelines of participating in the Gulf Food Exhibition, "Gulfood 2020", at the Dubai World Trade Center, he pointed out that "the city's food complex attracted investments amounting to 150 million dirhams during 2019."

Al-Marzouqi said that "Khalifa Industrial City" affiliated to Abu Dhabi Ports, currently includes more than 100 companies in the food and beverage sector, including 20 factories and 10 logistical companies in the sector, in addition to companies involved in food trade and supply, while the percentage of works in the food complex is currently About 70% of the total available space. "

He revealed that "the city intends to implement a new initiative to expand near the food complex, which includes the construction of refrigerated facilities, warehouses and warehouses in line with the growth of investment demand from food companies on the city," noting that "the new expansion initiative is expected to be completed during the third quarter of this year." .

Al-Marzouqi added that "the total industrial investments in general in the city have reached about 70 billion dirhams so far, with a number of companies exceeding 600 companies."

He explained that "Khalifa Industrial" seeks to attract companies from South America, especially from Brazil, in addition to other countries during the current year.

Source: emara

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