Latest news with #ADIS
Mid East Info
01-07-2025
- Business
- Mid East Info
Abu Dhabi Chamber Launches Stakeholder Engagement Drive - Middle East Business News and Information
Outreach programme focuses on delivering tangible benefits to Abu Dhabi's private sector and enhancing competitiveness ADCCI signs Collaboration Agreement with JOCIC to expand UAE-China private sector collaboration, marking a new phase in strategic partnerships Abu Dhabi, July, 2025 – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched a strategic stakeholder engagement programme to build and strengthen relationships with major economic partners in Abu Dhabi and globally. It is a long-term initiative, focusing on structured and proactive dialogue with strategic partners to enhance collaboration that delivers value for Abu Dhabi's private sector. As part of the launch, a Chamber delegation led by His Excellency Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, visited three major industrial hubs – Khalifa Economic Zones Abu Dhabi (KEZAD), Metal Park, and China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park) – which are instrumental in advancing Abu Dhabi Industrial Strategy (ADIS) and serve as main gateways for foreign investment into the UAE. The visits ensure that major players in the industrial landscape receive the support and empowerment they need to thrive, as the industrial sector is a cornerstone of Abu Dhabi's economic diversification strategy, driving innovation and sustainable growth. During the tour, a Collaboration Agreement between ADCCI and the Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC) was signed, showcasing the Chamber's commitment to expanding the scope and depth of Abu Dhabi's economic relations with China. The Collaboration Agreement aims to unlock new opportunities for private sector players in both markets and facilitate direct business collaboration, aligning with the Chamber's mission to provide support services, legal consultations, training, certification, and business matchmaking. By offering access to these resources and encouraging participation in investment events and economic forums, ADCCI ensures that local companies are well-positioned to form new partnerships and seize emerging market opportunities. H.E. Shamis Al Dhaheri emphasised that the strategic programme is focused on building high-impact partnerships that deliver long-term economic value. 'We greatly appreciate the contributions of KEZAD Group, Metal Park, and JOCIC Park to Abu Dhabi's industrial sector, which is one of the key drivers of our sustainable economic development. By collaborating with these entities, we intend to solidify Abu Dhabi's position as a gateway for cross-border investment and innovation, while supporting the competitiveness of Abu Dhabi's private sector,' he said. 'This approach puts businesses at the centre of our strategy, ensuring that every partnership creates real opportunities and supports our emirate's vision as a global hub for trade, innovation, and sustainable growth. The signing of the Collaboration Agreement with JOCIC is a direct result of this engagement programme, highlighting our commitment to promoting partnerships that advance Abu Dhabi's long-term development goals.' KEZAD Group, Metal Park and JOCIC Park are central to this strategy. KEZAD offers integrated trade, logistics, and industrial zones that attract international investors and support Abu Dhabi's growth as a regional hub. Metal Park, located within KEZAD, provides state-of-the-art industrial hub exclusively for the metal industry, downstream in the region hosting processing centres, fabrication centres, storage and more all under one roof. These developments make Abu Dhabi more attractive for industrial investment and support the emirate's economic diversification. Vahid Fouladkar, CEO of Metal Park, stated: 'Metal Park, as an exclusive infrastructure dedicated to the metal industry, is designed to unite all leading players under one roof to serve global markets from the UAE. Aligned with the 'Make it in the Emirates' initiative, our mission is to position the UAE not just as a logistics hub, but as the region's premier industrial hub – particularly for metals.' JOCIC Park has played an important role in attracting Chinese industrial investment to Abu Dhabi since its establishment in 2017. Situated in KEZAD, the company has developed a 2.2 square kilometer industrial hub, with an additional 10 square kilometer expansion underway, including an integrated accommodation for 3,000 workers. Until now, more than 40 Chinese companies have committed to operating within the zone, supported over USD 0.7 billion (AED 2.5 bn) in cumulative investment. UAE-China bilateral trade has grown from USD2 billion (AED 7.3 bn) in 2000 to USD102 billion (AED 374.3 bn) in 2024. China is among Abu Dhabi's top trading partners, and leading source of the emirate's imports in 2024, supported by increased infrastructure investments at Khalifa Port and KEZAD. The Collaboration Agreement highlights the growing momentum between Abu Dhabi and China, with UAE investments in China up 120% over two decades, and Chinese company registrations with the Chamber rising 69.4% in 2024. KEZAD, Metal Park, and JOCIC Park continue to anchor this collaboration, supporting the Chamber's long-term goal of shaping the future of global trade from Abu Dhabi. Through this collaboration, JOCIC Park and its clients will gain greater access to a wide range of Chamber services. JOCIC will also participate in Chamber-led investment events and economic forums, further strengthening its role in shaping bilateral engagement and industrial development. About Abu Dhabi Chamber of Commerce and Industry ADCCI The Abu Dhabi Chamber of Commerce & Industry (ADCCI) is a key enabler of private sector growth and competitiveness in Abu Dhabi. Working alongside the emirate's wider ecosystem, the Chamber connects businesses with government, amplifies the private sector's voice in shaping policy, and delivers tailored programs to help companies grow, diversify, and compete locally and globally. With a strategic focus on ease of doing business, innovation, market access, and skills development, ADCCI plays a vital role in advancing Abu Dhabi's vision for sustainable, inclusive, and future-driven economic progress. About JOCIC: Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC) is the sole shareholder and investor of the China-UAE Industrial Capacity Cooperation Demonstration Zone in Abu Dhabi. JOCIC is responsible for attracting and supporting Chinese enterprises looking to expand operations internationally, particularly within the MENA region. Through its strategic projects in Abu Dhabi, JOCIC plays an essential role in enabling industrial collaboration and fostering mutually beneficial investment partnerships between China and UAE. About Metal Park: Metal Park, located within KEZAD – Abu Dhabi, is a state-of-the-art industrial hub dedicated exclusively to the downstream metal industry in the region. It brings together processing centres, fabrication units, storage solutions, and more – all under one roof. Spanning over 5 million square feet, the park is divided into two hubs – the Storage Hub in the Free Zone and the Production Hub in the Mainland – seamlessly connected by a private road with direct access to Khalifa Port, Etihad Rail, and major expressways. Metal Park redefines traditional industry limitations by offering an 'Asset as a Service' model with a pay-as-you-go structure, enabling unmatched flexibility and operational efficiency.
Gulf Today
01-07-2025
- Business
- Gulf Today
Abu Dhabi Chamber launches stakeholder engagement drive
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched a strategic stakeholder engagement programme to build and strengthen relationships with major economic partners in Abu Dhabi and globally. It is a long-term initiative, focusing on structured and proactive dialogue with strategic partners to enhance collaboration that delivers value for Abu Dhabi's private sector. As part of the launch, a Chamber delegation led by Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, visited three major industrial hubs – Khalifa Economic Zones Abu Dhabi (KEZAD), Metal Park, and China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park) – which are instrumental in advancing Abu Dhabi Industrial Strategy (ADIS) and serve as main gateways for foreign investment into the UAE. The visits ensure that major players in the industrial landscape receive the support and empowerment they need to thrive, as the industrial sector is a cornerstone of Abu Dhabi's economic diversification strategy, driving innovation and sustainable growth. During the tour, a Collaboration Agreement between ADCCI and the Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC) was signed, showcasing the Chamber's commitment to expanding the scope and depth of Abu Dhabi's economic relations with China. The Collaboration Agreement aims to unlock new opportunities for private sector players in both markets and facilitate direct business collaboration, aligning with the Chamber's mission to provide support services, legal consultations, training, certification, and business matchmaking. By offering access to these resources and encouraging participation in investment events and economic forums, ADCCI ensures that local companies are well-positioned to form new partnerships and seize emerging market opportunities. Shamis Al Dhaheri emphasised that the strategic programme is focused on building high-impact partnerships that deliver long-term economic value. 'We greatly appreciate the contributions of KEZAD Group, Metal Park, and JOCIC Park to Abu Dhabi's industrial sector, which is one of the key drivers of our sustainable economic development. By collaborating with these entities, we intend to solidify Abu Dhabi's position as a gateway for cross-border investment and innovation, while supporting the competitiveness of Abu Dhabi's private sector,' he said. 'This approach puts businesses at the centre of our strategy, ensuring that every partnership creates real opportunities and supports our emirate's vision as a global hub for trade, innovation, and sustainable growth. The signing of the Collaboration Agreement with JOCIC is a direct result of this engagement programme, highlighting our commitment to promoting partnerships that advance Abu Dhabi's long-term development goals.' KEZAD Group, Metal Park and JOCIC Park are central to this strategy. KEZAD offers integrated trade, logistics, and industrial zones that attract international investors and support Abu Dhabi's growth as a regional hub. Metal Park, located within KEZAD, provides state-of-the-art industrial hub exclusively for the metal industry, downstream in the region hosting processing centres, fabrication centres, storage and more all under one roof. These developments make Abu Dhabi more attractive for industrial investment and support the emirate's economic diversification. Vahid Fouladkar, CEO of Metal Park, stated: 'Metal Park, as an exclusive infrastructure dedicated to the metal industry, is designed to unite all leading players under one roof to serve global markets from the UAE. Aligned with the 'Make it in the Emirates' initiative, our mission is to position the UAE not just as a logistics hub, but as the region's premier industrial hub – particularly for metals.' JOCIC Park has played an important role in attracting Chinese industrial investment to Abu Dhabi since its establishment in 2017. Situated in KEZAD, the company has developed a 2.2 square kilometer industrial hub, with an additional 10 square kilometer expansion underway, including an integrated accommodation for 3,000 workers. Until now, more than 40 Chinese companies have committed to operating within the zone, supported over $0.7 billion (Dhs2.5b) in cumulative investment. UAE-China bilateral trade has grown from $2 billion (Dhs7.3b) in 2000 to $102 billion (Dhs374.3b) in 2024. China is among Abu Dhabi's top trading partners, and leading source of the emirate's imports in 2024, supported by increased infrastructure investments at Khalifa Port and KEZAD. The Collaboration Agreement highlights the growing momentum between Abu Dhabi and China, with UAE investments in China up 120% over two decades, and Chinese company registrations with the Chamber rising 69.4% in 2024. KEZAD, Metal Park, and JOCIC Park continue to anchor this collaboration, supporting the Chamber's long-term goal of shaping the future of global trade from Abu Dhabi. Through this collaboration, JOCIC Park and its clients will gain greater access to a wide range of Chamber services. JOCIC will also participate in Chamber-led investment events and economic forums, further strengthening its role in shaping bilateral engagement and industrial development.
Al Etihad
01-07-2025
- Business
- Al Etihad
Abu Dhabi Chamber launches stakeholder engagement drive to boost industrial partnerships
1 July 2025 18:49 ABU DHABI (ALETIHAD)The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched a long-term stakeholder engagement initiative aimed at strengthening strategic partnerships across Abu Dhabi's industrial landscape and enhancing the competitiveness of the emirate's private by Shamis Al Dhaheri, Second Vice Chairman and Managing Director of ADCCI, a Chamber delegation visited three major industrial hubs — Khalifa Economic Zones Abu Dhabi (KEZAD), Metal Park, and the China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park). These sites play a vital role in implementing the Abu Dhabi Industrial Strategy (ADIS) and serve as key entry points for foreign investment.A major highlight of the visit was the signing of a Collaboration Agreement between ADCCI and Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC), which operates JOCIC Park. The agreement is designed to unlock new opportunities for businesses in both the UAE and China by enabling direct collaboration, business matchmaking, and access to legal consultations, training, certification, and investment events.'We greatly appreciate the contributions of KEZAD Group, Metal Park, and JOCIC Park to Abu Dhabi's industrial sector, which is one of the key drivers of our sustainable economic development,' said Shamis Al Dhaheri. 'By collaborating with these entities, we intend to solidify Abu Dhabi's position as a gateway for cross-border investment and innovation, while supporting the competitiveness of Abu Dhabi's private sector.'He added that the stakeholder programme puts businesses at the centre of ADCCI's strategy and aims to create 'real opportunities' that contribute to Abu Dhabi's vision as a global hub for trade and the visited sites, Metal Park stands out as a dedicated hub for the metal industry, bringing together processing, fabrication, and storage under one roof. 'Aligned with the 'Make it in the Emirates' initiative, our mission is to position the UAE not just as a logistics hub, but as the region's premier industrial hub – particularly for metals,' said Vahid Fouladkar, CEO of Metal Park, located within KEZAD, has been instrumental in attracting Chinese investment since its launch in 2017. The site currently hosts over 40 Chinese companies, having supported cumulative investments exceeding $0.7 billion (Dh2.5 billion). An additional 10 square kilometre expansion is underway, which will include integrated accommodation for 3,000 remains one of Abu Dhabi's most important trade partners. Bilateral trade surged from $2 billion (Dh7.3 billion) in 2000 to $102 billion (Dh374.3 billion) in 2024. UAE investments in China have grown 120% over the past two decades, while Chinese company registrations with ADCCI rose by 69.4% in Chamber said the Collaboration Agreement with JOCIC underscores this growing momentum. Through the agreement, JOCIC and its clients will gain access to a wide range of Chamber services and participate in ADCCI-led economic forums and investment events. KEZAD, Metal Park, and JOCIC Park will continue to anchor the Chamber's engagement programme as ADCCI works toward shaping the future of global trade from Abu Dhabi.
Al Etihad
23-06-2025
- Business
- Al Etihad
ADIO, ADPIC strategic partnership to advance PPP delivery in Abu Dhabi
23 June 2025 17:37 ABU DHABI (WAM) The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a strategic partnership agreement to establish a collaborative operating model that supports the planning, structuring, and procurement of public-private partnerships (PPPs) for infrastructure projects across the by the Chairman of the Abu Dhabi Department of Economic Development (ADDED) and ADIO, Ahmed Jasim Al Zaabi, and the Chairman of the Department of Municipalities and Transport, the agreement was signed by Badr Al-Olama, Director-General of ADIO, Mohamed Ali Al Shorafa, and the Director-General of ADPIC, Eng. Maysarah Mahmoud Eid, during the Abu Dhabi Infrastructure Summit (ADIS) partnership introduces a unified operating model that connects the pipeline of infrastructure projects with seamless transaction execution. This integrated approach is designed to improve coordination, enable the early identification of PPP opportunities, streamline approval processes, and embed stronger accountability and governance throughout the project aligning ADPIC's mandate as the coordinating body for Abu Dhabi's infrastructure pipeline with ADIO's expertise in investor attraction, deal structuring, and infrastructure finance, the partnership creates an effective, faster, and more efficient framework for the delivery of capital said, 'This strategic partnership between ADIO and the Abu Dhabi Projects and Infrastructure Centre will contribute to attracting private capital to actively participate in the implementation of high-quality strategic infrastructure projects in the Emirate of Abu Dhabi. It also supports efforts aimed at providing an attractive and reliable investment environment for investors and empowers government entities to efficiently execute their projects and achieve their objectives.'Eid said, "This collaboration reflects our commitment to reimagining how infrastructure is delivered across Abu Dhabi. Public-private partnerships have the potential to unlock greater impact when guided by a clear, coordinated, and future-focused framework. Together with ADIO, we are enabling a more responsive model that connects ambition with delivery, supporting government entities, attracting trusted partners, and ultimately creating lasting value for our communities."Effective immediately, the agreement will be governed by a unified framework of joint performance indicators and scheduled inter-agency builds on Abu Dhabi's expanding track record of infrastructure partnerships, including a collaboration with the Abu Dhabi Department of Education and Knowledge to deliver three modern schools in Zayed example includes a project to install energy-efficient LED lighting across Abu Dhabi roads, implemented in partnership with the Department of Municipalities and Transport. This project will be the first initiative of its kind to be delivered through a public-private partnership model for road lighting in the GCC. As the central authority for enabling investment and delivering infrastructure partnerships, ADIO continues to lead the development of scalable, high-impact projects that reinforce Abu Dhabi's position as a globally competitive, investor-friendly economy.
Gulf Today
21-06-2025
- Business
- Gulf Today
Mubadala and ADPIC partner to explore strategic collaborations
Mubadala Investment Company (Mubadala), an Abu Dhabi sovereign investor, and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a partnership agreement to foster collaborations in various areas which features a comprehensive framework for cooperation between the two organisations, aimed at advancing infrastructure initiatives crucial to Abu Dhabi's development as a leading destination of choice. These include comprehensive feasibility studies, knowledge sharing, and assessments to evaluate the viability for proposed projects, as well as sharing insights to develop sustainable financing models. The agreement was signed on the first day of Abu Dhabi Infrastructure Summit (ADIS) 2025, in the presence of Maysarah Mahmoud Eid, Director-General, ADPIC and Khalifa Al Romaithi, Executive Director of UAE Real Estate at Mubadala's UAE Investments Platform. Commenting on the collaboration, Maysarah Mahmoud Eid said, 'Through our collaboration with Mubadala, we are dedicated to pioneering sustainable, high-quality projects that will promote economic growth and create lasting infrastructure developments that meet the Emirate's needs while contributing to its prosperity.' Khalifa Al Romaithi said, 'Our partnership with ADPIC is centred around spearheading future focused state-of-the-art infrastructure projects in Abu Dhabi. This collaboration is a testament to Mubadala and ADPIC's commitment to support Abu Dhabi Government ambitions in making the emirate one of the world's most liveable and economically resilient cities.' The partnership between Mubadala and ADPIC is set to drive forward-thinking solutions and comprehensive project planning across Abu Dhabi's infrastructure landscape, reflecting a robust commitment to future-proofing the Emirate's growth and solidifying its position as a dynamic hub for investment and development. The Abu Dhabi Infrastructure Summit, hosted by ADPIC, is a strategic platform that convenes global leaders, investors, and industry experts to explore innovation, investment, and sustainability in infrastructure. The summit supports Abu Dhabi's long-term vision by fostering collaboration and showcasing opportunities that will shape the Emirate's future-ready, resilient built environment. Meanwhile Mubadala, the Abu Dhabi sovereign investor, and Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa have completed the acquisition of a gas-fired power generation plant at the Talimarjan Power Complex in Uzbekistan. Mubadala and Taqa each hold a 40 per cent stake in the 875 MW TPP1 combined-cycle gas-fired plant through a newly established project company, Talimarjan Power Plant 1 LLC. Both Taqa and Mubadala also hold a 40 per cent stake in the Talimarjan Operations & Maintenance LLC (O&M), which was established to operate the plant. Uzbekistan's JSC 'Talimarjan Issiqlik Elektr Stansiyasi' (TIES) holds the remaining 20 per cent stakes in both the project company and the O&M entity. This transaction supports investments into the privatisation of Uzbekistan's power sector. It follows a strategic partnership between the Governments of Uzbekistan and the United Arab Emirates whereby Mubadala and Taqa will bring their global power sector expertise to the local power market in Uzbekistan. The 875 MW TPP1 plant has a Power Purchase Agreement (PPA) with JSC 'Uzenergosotish' (UES) (successor power purchaser to JSC 'National Electric Grid of Uzbekistan') for 25 years and plays a critical part in meeting demand for electricity in Uzbekistan as the country continues to experience rapid population and economic growth. Hammad Rahman, Head of Asia Pacific Infrastructure at Mubadala, said: 'Mubadala is committed to supporting countries across the world to meet their energy needs while reducing carbon emissions. Efficient natural gas-fired powered plants such as TPP1 will play an important part in enabling the transition to cleaner sources of energy.' 'Uzbekistan is recording a significant growth in demand for power, and Mubadala looks forward to working with Taqa and our local partner TIES to ensure communities and businesses across the country have access to reliable, affordable and secure power supply that supports progress and socioeconomic development.' Frank Possmeier, Chief Investment Officer, Generation at Taqa, said: 'Taqa is pleased to collaborate with Mubadala and TIES in acquiring this vital asset that plays a crucial role in Uzbekistan's journey towards a privatised energy sector. As a low carbon power and water champion, Taqa will leverage its extensive experience and expertise to help Uzbekistan meet its growing energy needs while continuing to invest in this critical sector. Our stake in TPP1 demonstrates progress in delivering on our 2030 targets which aim to grow our power generation capacity to 150 GW and strengthens our operation and maintenance capabilities which is also a pivotal element of our strategy. Agencies
