Abu Dhabi Ports and Khalidia International Shipping are currently in talks to set up a third-party logistics (3PL) warehouse, with a total investment of AED80mn in Khalifa Industrial Zones (KIZAD) trade and logistics cluster.
The agreement was signed by Mohamed Abdul Jaleel Al Blooki, chairman of Emirates Business Group (EBG), and Mana Mohammed Saeed Al Mulla, KIZAD chief executive.
Located in Khalifa Port Free Trade Zone, the warehouse will be developed on a 47,000sqm plot of land and is expected to be completed by mid-2018.
Al Mulla commented: KIZADs integrated clusters offer tenants a number of benefits and enhances the efficiency of supply chains within our free zone. The development of Khalidia International Shippings new 3PL warehouse in KPFTZ provides existing and future customers with facilities that save transportation costs and streamline storage and distribution processes.
The warehouse, which will handle international imports for Abu Dhabi and Dubai markets, boasts a large capacity with over 33,000 pallet positions. It will also contain a cold store, with temperatures as low as 24°C, and a temperature controlled dry store at 24 to 26°C.