By Staff writer
Operator says 64 warehouse units are set to be handed over to tenants by the third quarter of this year
Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone (Kizad), has announced the launch of the second phase of Kizad Logistics Park (KLP).
Following the success of KLP phase 1, Kizad has started construction on the second phase of the project, the company said in a statement.
It added that 64 modular warehouse units are set to be handed over to tenants by the third quarter of this year, bringing the total number of units to 105 covering an area of 118,965 square metres.
Mana Mohammed Saeed Al Mulla, chief operating officer, Kizad said: "Kizad's development follows a demand-driven approach; responding to the needs of the market and designing flexible solutions accordingly.
"The 41 warehouses in phase 1 were 83 percent leased prior to construction being completed and 100 percent leased a few months after that. Since then the need for more high-quality warehousing units has encouraged us to start building phase 2 of KLP."
KLP warehouses are each equipped with 7 metre clear height to eaves on a 1.3 metre raised floor level, dedicated loading areas, ramp access and designated on-site parking.
The next phase of development within Kizad will be the free zone pre-built warehouses (Free Zone KLP) which is currently under design, the statement said.