ZonesCorp, Block 7 Investments ink deal on 820,000m2 R&D hub – MEP MiddleEast

ZonesCorp, Block 7 Investments ink deal on 820,000m2 R&D hub – MEP MiddleEast

ZonesCorp, one of the largest operators of purpose-built economic zones in the UAE, has inked an agreement with Block 7 Investments, a joint venture between EFIRE Capital Holdings Limited of Abu Dhabi and Serba Dinamik Holdings Berhad of Malaysia, which will see the development of the Block 7 Innovation Hub in the heart of the Industrial City of Abu Dhabi (ICAD).

Spread over 820,000m2, the hub will include a host of dedicated IT facilities, smart office complexes, exhibition centres, as well as retail and entertainment spaces.

The new development will cater to key sectors including healthcare, computer science, robotics, mobility, renewable energy, and sustainable advanced materials.

Block 7 is designed to function as a breeding ground for innovation driven industries with ultra-modern infrastructure, robust services, and a setup that links intelligent living space leveraging ZonesCorp's existing manufacturing ecosystem, and will serve as a platform for tech start-ups.

The development of the Block 7 Innovation Hub will take advantage of ZonesCorp's Advanced Manufacturing Cluster, a leading regional manufacturing hub that will also service the biopharma, environmental technologies, mobility, and ICT sectors amongst others.

The agreement was signed by the chief executive officer of ZonesCorp, Mohamed Al Khadar Al Ahmed, and Dato' Dr Ir Mohd