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English news

07-Jan-2019

Kizad attracted USD1.5bn of FDI in 2018 according to CEO

Abu Dhabi’s Khalifa Industrial Zone (Kizad) attracted AED1.5bn in foreign direct investment during 2018 and expects to see inflows up to USD3bn annually, according to its chief executive. Kizad chief executive Samir Chaturvedi was speaking at the signing of a collaboration agreement between Kizad and Abu Dhabi National Oil Company (Adnoc) to develop a polymers park within the industrial free zone, adjacent to the USD7bn Khalifa Port. 

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