UAE: Kizad signs agreements with Spinneys Abu Dhabi
Khalifa Industrial Zone Abu Dhabi (Kizad) announced today the signing of agreements with Spinneys Abu Dhabi for the building of a new distribution centre.
A land plot has been allocated in the logistics cluster of Kizad Area A, where the company will set up a temperature-controlled distribution centre to store products from multinational consumer goods manufacturers. The facility will also be used to store food and non-food products that will then be distributed to various retail outlets across Abu Dhabi and Al Ain.
With this investment, Spinneys Abu Dhabi aims to benefit from access and distribution to local markets in a faster, more cost effective way, using Kizad’s transportation infrastructure and low utilities costs, it is reported.
In September, Brasil Foods – South America’s largest food processing company and the world’s largest exporter of poultry products – announced that it would also be investing in Kizad with the construction of a Dh533 million (approx $145 million) manufacturing facility.
Source: Emirates 247