The ability to develop and manufacture food products locally will offer companies a significant advantage compared to the cost of importing them.
Seen as a key enabling industry in the Abu Dhabi Economic Vision 2030, the market for food products is also driven by the Emirate’s high population growth. The UAE food market exceeded US $4 billion in 2009 with forecasts suggesting that it will grow between 4 and 5% annually driven partially by rising domestic incomes.
Food is a key industry for the GCC, which imports a large proportion of both staple and processed goods. The ability to develop and manufacture these locally will offer companies a significant advantage compared to the cost of importing, and is an industry sector keenly supported by the Abu Dhabi Government.
Food manufacturers will find in Kizad an environment focused on meeting the demands of a modern industry with attractive options for upstream, midstream and downstream producers. Low cost utilities, excellent transportation and road access to local and regional markets present a compelling case for food producers to invest in Kizad.