KEZAD & Bisconni sign 50-year lease for Abu Dhabi factory

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MG News | February 25, 2025 at 07:06 PM GMT+05:00

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February 25, 2025 (MLN): Khalifa Economic Zones Abu Dhabi – KEZAD Group, the leading operator of integrated and purpose-built economic zones, has officially signed a 50-year land lease agreement with Bisconni Middle East Manufacturing.

This agreement will facilitate the establishment of a cutting-edge manufacturing facility in KEZAD Al Ma’mourah (KEZAD A).

Bisconni, a subsidiary of Ismail Industries Pakistan’s largest manufacturer of confectionery, biscuits, and snack foods has been focused on innovation and global expansion in recent years.

As part of its international growth strategy, Bisconni is investing AED 110 million ($30mn) to construct a 37,000-square-metre facility within KEZAD, according to media reports.

The facility will specialize in producing biscuits and confectionery products, reinforcing the company's presence in the region.

Commenting on the agreement, Mohamed Al Khadar Al Ahmed, CEO of KEZAD Group, stated, We are pleased to welcome Bisconni to KEZAD, reinforcing our commitment to providing world-class infrastructure and strategic opportunities for leading manufacturers.

This partnership marks a significant milestone in strengthening Abu Dhabi’s position as a regional hub for the food and confectionery industry.

With Bisconni’s expansion into KEZAD, we look forward to supporting their growth and innovation while contributing to the diversification of the UAE’s economy, he added.

Maqsood Ismail, Managing Director of Bisconni Middle East Manufacturing, expressed his appreciation, saying, We are thankful to KEZAD, Abu Dhabi, and the UAE authorities for their cooperation, expeditious approval of our projects, and proactive support in setting up our business in Abu Dhabi.

We look forward to an exciting chapter in our international expansion and growth, he noted.

The food processing sector remains a strategic priority for Abu Dhabi, and KEZAD is dedicated to fostering the industry's growth to support the emirate’s food security and sustainability goals.

The establishment of Bisconni’s new facility marks a significant step in achieving these objectives, further enhancing the region's industrial and economic development.

Copyright Mettis Link News

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