Abu Dhabi, United Arab Emirates:
United Arab Emirates President His Highness Sheikh Khalifa bin Zayed Al
Nahyan formally inaugurated the USD 7.2billion Khalifa Port today.
HH Sheikh Khalifa bin Zayed Al Nahyan President of the UAE and Ruler of Abu Dhabi (C), participates in the opening ceremony of Khalifa Port in Khalifa Industrial Zone Abu Dhabi (KIZAD). Seen with HH Sheikh Mohammed bin Rashid Al Maktoum Vice-President Prime Minister of the UAE and Ruler of Dubai (L), HH General Sheikh Mohamed bin Zayed Al Nahyan Crown Prince of Abu Dhabi Deputy Supreme Commander of the UAE Armed Forces (2nd R), and HH Sheikh Mansour bin Zayed Al Nahyan Minister of Presidential Affairs (R). (Photo: Business Wire)
President His Highness Sheikh Khalifa bin Zayed Al Nahyan expressed his
pride at the completion of projects that are of benefit to the citizens
of the homeland and that strengthen the national economy.
He also said that the country provides the necessary support for the
maritime transport industry, particularly Khalifa Port, which, when its
phases of construction have been completed, will become one of the most
important ports for trade in the region and the Middle East, benefiting
from the UAE's strategic location to act as a link between the economic
regions of the world.
"The opening of this flagship project strengthens our progress and will
also contribute to the continuation of the high rate of growth witnessed
by the UAE, meeting the aspirations of the country's citizens for a
significant base for the national economy," the President said.
The UAE’s diversification of economy away from dependence on oil was
given a huge boost with today’s inauguration, which serves to kick start
global awareness of Kizad, the vast new industrial zone adjacent to
Within a generation, Khalifa Port and Kizad are set to account for up to
15 percent of Abu Dhabi’s non-oil GDP, creating hundreds of new jobs and
critical skills aligned to the Emirate’s future economic plans.
The completion of the first phase of the new port – whose container
terminal began commercial operations on September 1 – will give it the
capacity to handle 50,000 containers a week and one million tons of
cargo every month. Yet all freight movements are controlled by just a
small team of skilled operatives based in a state-of-the-art control
centre, setting a new global benchmark in port technology.
A powerful mix of sustainability and low operating costs is already
driving new levels of interest in the development. The combination of
Khalifa Port and Kizad has proved very attractive to global business and
today’s inauguration is expected to create even further growth.
Much of that global business interest, reflected in the number of
international industrialists attending today’s inauguration ceremony, is
focused on Kizad’s specialist business ‘clusters.’
The 418 square kilometre industrial zone will boast a network of bespoke
infrastructure designed specifically to accommodate the needs of key
sectors targeted for future growth such as aluminium, steel, engineered
metals, food, paper, print and packaging, logistics and warehousing and
Raw materials arriving at Khalifa Port will move seamlessly to each
cluster, taking current container traffic away from the city centre and
directly into the tax free cluster specifically developed to support
each manufacturing process.
Dr. Sultan Ahmed Al Jaber, Chairman, ADPC said: “Khalifa Port and Kizad
offer global businesses an unbeatable combination of low operating
costs, access to global markets and an environment which makes doing
business easy. These benefits place Khalifa Port and Kizad in a strong
position to make a major contribution towards sustainable economic
growth and diversity, as well as creating countless, high skilled
careers for UAE nationals.”
Khalifa Port and Kizad provides access to two billion people within four
time zones, three international airports within a 90-minute drive,
purpose built express highways and a direct rail link planned for 2016.
In addition, businesses can enjoy a tax-free environment in a nation
which was recently cited by the World Bank as one of the easiest to do
Khalifa Port container terminal, operated by Abu Dhabi Terminals, has
established a network with over 40 destinations worldwide. Martijn Van
de Linde, the Chief Executive Officer of ADT, said: “By facilitating the
delivery of cargo directly to the local market and giving businesses an
efficient means of export, Khalifa Port is driving down the cost of
trade. The port is providing the world with an efficient gateway to one
of its fastest growing economies and laying the foundations of a diverse
industrial sector here.”
About Abu Dhabi Ports Company
Abu Dhabi Ports Company (ADPC) is a master developer and regulator of
ports and industrial zones. For more information please visit our
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Chris Genasi, +971-2-695-2961
Head of Public Relations, Corporate Communication