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Simplifying Setup

Simplifying Setup

Finding the ideal location for your business and helping you secure the funding you need are the priorities of the Kizad management team.

Making sure companies find their optimum location within Kizad is of paramount importance. The first step to satisfying this aim is for interested parties to fill out either of the following forms:

These three forms differ according to the type of facility or operation the interested party plans to establish. After completion of the appropriate form, Kizad’s Business Services and Technical Services Teams will review the application.

Land applications are referred to the Plot Allocation Committee, which assigns the best unit or plot of land for the applicant’s business. The next stage involves talks between the applicant and Kizad before a final agreement on the venture being established in the Industrial Zone is reached. The applicant may then opt for a Preliminary Agreement allowing time to complete the required conditions precedent or move on to signing the final agreement. For this purpose Kizad has developed a bankable instrument that enhances access to third party finance and investment.

Applications for pre-built space (warehouses, offices and workforce accommodation) also undergo a technical and financial review before Kizad agrees the appropriate unit(s) with the occupier before issuing an offer.  Offers will either be for a reservation agreement or an agreement for lease.  The former is a simple agreement where Kizad agrees to hold an given unit(s) for a particular.  An agreement for lease is a contract where Kizad agrees to deliver a certain unit(s) to a given design, specification and delivery date.  The occupier agrees to sign an occupational lease, which has been pre-agreed, on completion of the unit.