The Khalifa Economic Zones Abu Dhabi – Kizad Group has announced the signing of a 50-year lease agreement with the Heavy Equipment Division of Al Khaldi Brothers to establish a state-of-the-art facility in Kizad-A (Kizad Al Mamoura). Under this agreement, Al Khaldi Brothers will invest 75 million dirhams to develop its new facility, which will occupy 150,000 square meters and serve as a comprehensive regional center for the storage and distribution of heavy equipment and industrial machinery.
Prosperous Partnership
Mohammed Khadr Al Ahmad, CEO of Khalifa Economic Zones Abu Dhabi – Kizad Group, expressed his enthusiasm for welcoming Al Khaldi Brothers to Kizad, stating that they look forward to a fruitful partnership that will support the company’s expansion in the region by providing an ideal environment for business growth, advanced infrastructure, and tailored services to meet its needs. He emphasized that Al Khaldi Brothers’ presence in Kizad will integrate them into a comprehensive industrial ecosystem designed to foster innovation, enhance collaboration, and deliver exceptional services. He added, “As we continue our growth journey, we expect this partnership to benefit both parties, contributing to the growth of Al Khaldi Brothers and advancing economic development in Abu Dhabi.”
Mohammed Khaldi, co-chairman and CEO of Al Khaldi Brothers Group, noted, “The establishment of this facility marks a significant milestone in enhancing our capabilities in the heavy equipment sector and expanding our operational framework in the UAE. The facility’s location within the integrated industrial ecosystem of Kizad strengthens our capacity to support major projects.”
Background
Al Khaldi Brothers is headquartered in Dubai and boasts over 60 years of experience, with a strong presence across multiple sectors and diverse international markets. The Heavy Equipment Division of Al Khaldi Brothers is recognized as one of the leading agents and distributors of commercial vehicles and specialized construction machinery in the UAE.
Since its inception over four decades ago, the Heavy Equipment Division has experienced remarkable growth, evolving from a distributor of a single product to a leading distribution hub with a comprehensive portfolio that includes a wide range of construction equipment. The decision to relocate to Kizad represents a key step in the company’s expansion strategy aimed at boosting its operations in the region by joining a thriving economic zone that features specialized industrial complexes and benefits from a fully integrated economic environment that supports both industrial and logistics sectors.