ZonesCorp signs deal to develop an innovation hub in Abu Dhabi’s ICAD

  • Date: 25-Apr-2021
  • Source: The National
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

ZonesCorp signs deal to develop an innovation hub in Abu Dhabi’s ICAD

Abu Dhabi's ZonesCorp signed an agreement with Block 7 Investments to develop an innovation hub in the Industrial City of Abu Dhabi (ICAD).

The new development, named Block 7, will serve sectors such as healthcare, computer science, robotics, mobility, renewable energy and sustainable advanced materials, according to a statement from ZonesCorp.

Block 7 Investments is a joint venture between Abu Dhabi-based investment company EFIRE Capital Holdings and Serba Dinamik Holdings of Malaysia.

Block 7 will be “a breeding ground for innovation-driven industries with ultra-modern infrastructure, robust services and a unique set-up that links intelligent living space leveraging ZonesCorp's existing manufacturing ecosystem and serves