(MENAFN- Khaleej Times) This transaction represents abu dhabi?s largest private sector warehouse leasing deal and one of the largest ever seen in the region.
officials from khalifa industrial zone abu dhabi or kizad and agility one of the world’s leading providers of integrated logistics announced that the latter has begun operations at its new 11133sqm facility it has leased at kizad logistics park or klp.
this transaction represents abu dhabi’s largest private sector warehouse leasing deal and one of the largest ever seen in the region.
the announcement was made at the recent opening ceremony of phase one of the klp. present were kizad chief executive officer eng khaled salmeen and agility chief executive officer bassel el dabbagh along with other high-profile national and international industry players.
agility’s facility in the klp covers almost one-fourth of phase one’s total area of 46453sqm. phase one is the first out of three phases scheduled for construction in the klp creating a total of 118965sqm of prime logistics warehouse space when completed.
construction of phase two has already been awarded with completion due in the first quarter of 2015.
once all phases are completed the klp will strengthen kizad’s position as a major regional logistics and warehousing centre supporting the already-thriving khalifa port.
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