Abu Dhabi Ports Company PjscADX: ADPORTS

KEZAD Group Signs 50-Year Land Lease With Jotun Abu Dhabi To Set Up AED 450 Mln Facility

· Issued by Abu Dhabi Ports Company PJSC

Abu Dhabi Ports Company PJSC ADX:ADPORTS:

  • KEZAD GROUP SIGNS 50-YEAR LAND LEASE WITH JOTUN ABU DHABI TO SET UP AED 450M FACILITY

  • INVESTMENT IS SET TO CREATE APPROXIMATELY 200 JOBS IN KEZAD

  • FACILITY WILL ENGAGE IN MANUFACTURING, SALE AND DISTRIBUTION OF PAINTS AND COATING PRODUCTS

  • JOTUN ABU DHABI WILL INVEST AED 450 MILLION IN MANUFACTURING FACILITY