KEZAD, Tubacex to build OCTG-CRA production facility in Abu Dhabi

KEZAD, Tubacex to build OCTG-CRA production facility in Abu Dhabi

Abu Dhabi’s KEZAD Group, also known as Khalifa Economic Zones Abu Dhabi, has signed a land lease agreement with Spain’s Tubacex Group to develop a production facility for OCTG-CRA tubular solutions, the first such manufacturing facility in the Middle East. The 50,000m2 facility will enable Tubacex to establish a strong presence in the UAE while reaching out to its global network of clients. The company provides a wide range of stainless-steel tubular solutions for the energy industry and operates as a fully integrated one-stop-shop enterprise. The production facility is expected to be operational towards the end of 2024. KEZAD said its partnership with Tubacex is aimed at further increasing the localisation and resilience of supply chains. The deal between and Tubacex was signed during the Make it in the Emirates Forum held from May 31 to June 1, 2023, in Abu Dhabi. It signifies KEZAD’s commitment to supporting the national strategy for industry and advanced technology, Operation300bn, which aims to drive the industrial sector’s contribution to GDP, which reached an impressive Dhs180bn. The deal to build the region’s first OCTG-CRA tubular production facility signifies KEZAD’s commitment to develop the UAE’s industrial sector, enhance the company’s role in stimulating the national