KEZAD Group and Sam Force Sign Agreements for Community Retail Centres Development

Sam Force will Develop and Operate Two Centres in KEZAD to Enhance Community Lifestyle and Amenity Offering

Abu Dhabi, UAE – 27 February 2024:  Khalifa Economic Zones Abu Dhabi – KEZAD Group, a leader in the development of integrated and purpose-built economic zones, today announced two land lease agreements with Sam Force Trading, a renowned developer and operator of real estate assets in Abu Dhabi. The agreements mark a pivotal step in enhancing the retail infrastructure in KEZAD through the creation of vibrant retail community centres.

Under the agreements, Sam Force will construct and operate community retail centres on two prime locations in KEZAD which will cater to the diverse needs of residents and businesses within the KEZAD community.

The centres in Khalifa Industrial Area (KEZAD Al Ma’mourah) and ICAD (KEZAD Musaffah) will encompass a diverse commercial and retail offering, including restaurants and cafes, supermarkets, and business centres, enriching the community’s lifestyle and core amenity availability.

Fatima Al Hammadi, Chief Commercial Officer, KEZAD Group said: “Our agreements with Sam Force reflect our strategic vision to partner with experienced developers to fast-track project delivery and enhanced operations for the benefit of our clients. Sam Force, with its proven track record in developing similar projects, will ensure a seamless integration with our zones’ aesthetics and functionality.”

“The development of these retail centres is a testament to KEZAD’s role as a catalyst for economic growth and its dedication to meeting the evolving needs of its diverse community,” he added.

Faysal Azzam, General Manager, Sam Force Trading said: “We are proud to be working with KEZAD Group on upscaling the community within KEZAD to cater to the needs of the growing community.

“The leadership of the nation has ensured continuous support for investors in the UAE, and the KEZAD leadership and the supportive team area testament to this commitment, and the business-friendly environment of Abu Dhabi. We have a 14-year history with KEZAD, and we look forward to many more years to come.”

The agreements reflect KEZAD Group’s ongoing efforts to provide world-class facilities and enhance the quality of life for residents and businesses within its economic zones.

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About KEZAD Group:

KEZAD Group, a subsidiary of AD Ports Group under its Economic Cities & Free Zones Cluster, is the largest operator of integrated and purpose-built economic zones in the United Arab Emirates. Providing competitive business ecosystems that encourage unprecedented growth, KEZAD Group is a key strategic enabler of Abu Dhabi’s vision for the diversification of its economy.

KEZAD Group’s vital infrastructure and services span 12 economic zones (located in Abu Dhabi City, Al Ain City and Al Dhafra Region) covering a total area of 550km² and including more than 40 staff accommodation complexes under its subsidiary KEZAD Communities.

KEZAD Group provides strategic market access, lower operating costs, and ease of doing business to more than 2,000 investors from 17 key industrial sectors. KEZAD Group’s ecosystem provides world-class transportation infrastructure with multimodal connectivity, 100 percent foreign ownership, 100 percent repatriation of capital and profit, the potential for duty-free trade within the region, and advanced technology platforms.