Azizi Developments to Allocate Dhs1bn for New Factories at KEZAD
Azizi Developments has announced a significant investment plan, setting aside AED 1 billion to establish 12 new factories within the Khalifa Economic Zones Abu Dhabi (KEZAD). This move comes as part of a strategic shift by the Dubai-based real estate developer to diversify its operations beyond property development and into manufacturing. The new factories are expected to support Azizi's growing construction projects, particularly in building materials such as aluminum and glass, which are critical for its ambitious real estate ventures across the UAE.
With a strong focus on streamlining the supply chain and reducing dependence on third-party suppliers, this initiative is poised to enhance the company’s operational efficiency. The KEZAD factories will play a pivotal role in providing a steady supply of essential construction materials, ensuring that Azizi's numerous projects remain on schedule. This development is particularly important as the UAE continues to see high demand for residential and commercial properties, driven by economic growth and international investments.
Azizi’s decision to invest in KEZAD, a major industrial hub, reflects the increasing importance of vertical integration within the construction industry. By producing its own materials, Azizi aims to control costs, improve quality, and mitigate risks associated with supply chain disruptions. Additionally, KEZAD’s strategic location near Abu Dhabi’s major transportation networks, including Khalifa Port, positions Azizi to export materials to other regional markets.
The move also underscores Azizi’s commitment to sustainability and innovation, as the factories will incorporate eco-friendly practices, including the use of renewable energy sources. The developer has outlined plans to integrate advanced technology and automation into the manufacturing processes, which will help minimize waste and reduce the environmental impact of its operations.
With a strong focus on streamlining the supply chain and reducing dependence on third-party suppliers, this initiative is poised to enhance the company’s operational efficiency. The KEZAD factories will play a pivotal role in providing a steady supply of essential construction materials, ensuring that Azizi's numerous projects remain on schedule. This development is particularly important as the UAE continues to see high demand for residential and commercial properties, driven by economic growth and international investments.
Azizi’s decision to invest in KEZAD, a major industrial hub, reflects the increasing importance of vertical integration within the construction industry. By producing its own materials, Azizi aims to control costs, improve quality, and mitigate risks associated with supply chain disruptions. Additionally, KEZAD’s strategic location near Abu Dhabi’s major transportation networks, including Khalifa Port, positions Azizi to export materials to other regional markets.
The move also underscores Azizi’s commitment to sustainability and innovation, as the factories will incorporate eco-friendly practices, including the use of renewable energy sources. The developer has outlined plans to integrate advanced technology and automation into the manufacturing processes, which will help minimize waste and reduce the environmental impact of its operations.
Join the conversation