KEZAD, Emerging World to establish $30mn food products manufacturing facility

KEZAD, Emerging World to establish $30mn food products manufacturing facility

Khalifa Economic Zones Abu Dhabi (KEZAD) Group, has signed an agreement with Emerging World, the sole importer of products by PRAN-RFL Group, a Bangladeshi multinational consumer goods company, in the Middle East region, to establish a PRAN manufacturing plant to cater to local and regional markets.

PRAN’s $30 million facility, being developed in multiple phases, will spread across more than 42,000 square meters in KEZAD with direct access to AD Ports Group’s flagship Khalifa Port. It will enable Emerging World to locally produce and export its products to free trade markets throughout the Middle East and North Africa (MENA) region, namely Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Jordan, Egypt, Iraq, Lebanon, Morocco, Tunisia, Palestine, Syria, Libya and Yemen. The land lease agreement with KEZAD Group has been signed for a period of 30 years.

With almost a third of PRAN’s production capacity from the facility catering to the local market, and 70 percent to be exported to the regional markets, PRAN will play a vital role to ensure food security in the region through Abu Dhabi.

Mohamad Al Khadar Al Ahmed

CEO – KEZAD Group “KEZAD Group is delighted to welcome Emerging World FZC, and enable the development of this new manufacturing facility within