Khalifa Economic Zones Abu Dhabi – Kezad Group and Al Ghurair Foods, a world-leading manufacturer of high-quality food, have signed 50-year land lease agreements for three mega food processing projects worth over AED1 billion ($272.33 million).
ABU DHABI, 28th April, 2023 (WAM) Khalifa Economic Zones Abu Dhabi (KEZAD Group), a wholly-owned subsidiary of AD Ports Group, and Al Ghurair Foods, a world-leading manufacturer and supplier of high-quality food and part of Al Ghurair Investment, one of the largest diversified family business groups in the UAE, today announced the signing of 50-year land lease agreements for three mega food processing projects involving investments of over AED 1 billion.The signing ceremony was held at KEZAD’s headquarters in Abu Dhabi in the presence.