Abu Dhabi Ports to build housing for 5,000 employees at Kizad
Project will be constructed over two phases, with phase one due for completion by March 2020
Abu Dhabi Ports has launched the first purpose-built accommodation project at Khalifa Industrial Zone Abu Dhabi (Kizad) for 5000 employees with housing and community amenities.
The 75,000 sqm. accommodation plot is located in area B of Kizad, within the China-UAE Industrial Capacity Cooperation Demonstration Zone, which was established in conjunction with Jiangsu Provincial Overseas Co-operation Investment Company (Jocic).
The project will house four staff quarters, one management dormitory and two supporting rooms, as well as supporting community living infrastructure to be constructed over two phases, the first of which is due for completion by March 2020.
The accommodation is a major step forward in Kizad’s approach to better business and competitive advantage through speed, cost, scale and community. Furthermore, this project reinforces Jocic’s commitment to the 50-year cooperation agreement with Abu Dhabi Ports, which has also led to an initiative by the Industrial and Commercial Bank of China to facilitate for Chinese companies to start up in Kizad.
Samir Chaturvedi, CEO, Kizad said: “The timing for this great step forward could not be better and more than a quarter of the UAE’s Asian imports come from China.”
“With such a stable and sustainable relationship with our Chinese partner, an investment in manpower is one of the most valuable decisions you can make, and this iconic and collaborative project reinforces the confidence and mutual benefits we achieve through our strategic partnership,” he added.
