Among the 3 factories with investment exceeding AED 1 billion.

2024-08-27 15:18:26

Al Ghurair Foods Company today announced the laying of the foundation stone for its new state-of-the-art corn starch manufacturing facility in the Khalifa Economic Zone in Abu Dhabi – Kizad Group. Al Ghurair said in a statement that under the Musataha agreement with “KIZAD”, the land will be leased for 50 years to establish three large-scale projects in the food processing sector, including a corn processing plant, with a total investment value of more than one billion dirhams.

The company explains that the plant is the first of its kind in the region and represents a very important step towards strengthening local food production and supporting the United Arab Emirates’ national food security strategy.

Located in Kizad (A) – Maamoura, the independent factory covers an area of ​​13.6 hectares and is designed to serve the local and international markets.

The plant will initially process 650 tons of corn per day, with plans to increase capacity to 1,000 tons per day as demand grows.

The scheme is expected to provide significant employment opportunities, with more than 200 jobs for the local workforce.

Mohammed Al Khader Al Ahmad, Chief Executive Officer of Khalifa Economic Zone Abu Dhabi (KIZAD Group), said: “Al Ghurair’s mission and vision for the facility closely aligns with our own vision and that of the emirate government to enhance Abu Dhabi Playing an important role in achieving food security and creating opportunities across the region. “We at Kizad Group are proud to be part of this promising journey as this state-of-the-art facility enhances our local production capabilities. “

John Josephides, CEO of Al Ghurair Group, said: “We are extremely proud to begin work on this new initiative under the leadership of Al Ghurair Foods, which represents an important step in supporting our food security goals as the region’s first food security company. A factory of its kind, the project “not only allows us to increase our production capacity, but also strengthens our commitment to provide innovative and leading solutions in the field by investing in the latest technologies and technologies. Working with local partners such as Kizad, we continue to It plays a key role in driving sustainable growth and ensuring the country’s self-sufficiency in basic food products.

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