Khalifa Economic Zones Abu Dhabi (KEZAD) Group and its client Metal Park announced the launch of the first phase of Metal Park’s state-of-the-art storage hub in the zone.
Metal Park aims to complete the AED 110 million facility in three phases, with a combined storage capacity of 350,000MT and 54,000CBM shelved storage exclusive to metals.
Metal Park’s storage milestone
The storage hub will offer world-class storage solutions and support services for businesses in the region.
The company said its new hub will be the world’s first pay-as-you-go solution for the metal industry, and also the first independent warehouse for metal storage.
Phase one of the project spans around 93,000 sqm and will feature 26 overhead cranes up to 40MT and 55 loading bays for trucks and automated guided vehicles (AGVs), with capacity to load and offload 48,000MT in a day.
Strategically located in KEZAD Free Zone, the storage hub will have direct access to Khalifa Port via a modular road, as well as the Etihad rail network, and highways connecting Abu Dhabi to the Northern Emirates and the GCC region.
Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group said the opening of the first-of-its-kind storage hub marks a significant milestone in the journey of Metal Park as well as AD Ports Group’s Economic Cities & Free Zones.
“We are proud to support the growth and expansion of a specialised zone in the metal sector that is offering outstanding services and bringing exclusive business benefits to the metals industry,” he said.
Saleh Shahrestani, Chairman, Metal Park, said as the region’s first metal fulfilment centre, the new facility will help traders and stockists to reduce excess overhead costs in a fluctuating metal market.
“Additionally, it will enhance manufacturers’ capabilities, enabling them to expand their distribution network, while optimising production space to boost productivity and efficiency,” he said.
Follow us on
