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UAE’s ADDED Joins ADNOC and ADQ to Designate TA’ZIZ as an Investment Zone

Abu Dhabi Department of Economic Development has partnered with ADNOC Group and ADQ to designate TA’ZIZ as an investment zone for chemical projects, downstream manufacturing and related services.

 

The investment zone in Al Ruwais Industrial City, Al Dhafra Region, supports the Abu Dhabi Industrial Strategy to raise GDP of manufacturing industries in the emirate to AED 172 billion by 2031, and will serve as a hub for sustainable chemical, petrochemical and energy industries, enhancing the local value chains of targeted industries.

 

The designation of the investment zone provides long-term investment certainty for companies investing in TA’ZIZ, and enables new partnerships to be formed in Abu Dhabi’s thriving industrial sector.

 

TA’ZIZ Industrial Ecosystem features specialized zones for chemical industries, light industries and industrial services.

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