KEZAD Group Partners with Jotun Abu Dhabi on 50-Year Land Lease for Facility Development

Khalifa Economic Zones Abu Dhabi (KEZAD Group), one of the region’s largest operators of integrated and purpose-built economic zones, has signed a 50-year land lease agreement with Jotun Abu Dhabi to establish a new manufacturing facility at ICAD–KEZAD Musaffah.

Jotun Abu Dhabi, part of Jotun—one of the world’s leading paints and coatings manufacturers—will invest AED 450 million in an 83,177 square -meter, state-of-the-art manufacturing facility. The investment marks a major expansion for the company, involving the relocation of its existing 22,000-square-meter facility and is expected to create approximately 200 jobs within KEZAD.

Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group, said, “We are pleased to see Jotun Abu Dhabi expand its presence within KEZAD’s rapidly evolving industrial landscape.  KEZAD Group continues to enhance world-class infrastructure that supports the advancement of the regional construction industry. Guided by the vision of our wise leadership and our role as a global manufacturing hub, we remain dedicated to supporting the UAE’s construction sector in the Emirate of Abu Dhabi.”

Svein Johan Stub, General Manager of Jotun Abu Dhabi, said, “The expansion marks a major milestone in the manufacturing journey of Jotun Paints in Abu Dhabi and reinforces our commitment to strengthening our presence in the emirate. We remain confident that by being part of KEZAD’s industrial ecosystem will enable us to deliver tailored solutions that meet market demands and support the growth of the region’s construction, real estate and energy industries.”

The region’s paints and coatings industry is experiencing rapid growth, driven by strong construction activity across the UAE, and it continues to attract further investment that will expand its future growth potential and contribution to the nation’s non-oil economy. The expansion of Jotun Abu Dhabi in KEZAD represents a significant milestone, further accelerating the sector’s development in the region.

Source: KEZAD GROUP