Abu Dhabi’s Al Masaood Group joins ‘TA’ZIZ’ strategic project

  • Date: 20-Jul-2022
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Abu Dhabi’s Al Masaood Group joins ‘TA’ZIZ’ strategic project

Al Masaood Group, one of Abu Dhabi’s leading business conglomerates, has joined the ‘TA’ZIZ’ project, becoming one of the first Emirati-owned private company to take part in the strategic project.

Launched in November 2020, TA’ZIZ is a critical enabler of the UAE’s industrial development ambitions. It is one of the joint projects of ADNOC and ADQ that targets the growth of the national industries and promotes the UAE’s economic diversification.

‘TA’ZIZ’ aims to drive and enable the expansion of the Ruwais Industrial Complex and Abu Dhabi’s chemicals, manufacturing, and industrial sectors.

‘TA’ZIZ’ comprises three zones and they are TA’ZIZ Industrial Chemicals Zone, the Light Industrial Zone, and the Industrial Services Zone. Al Masaood’s participation will primarily focus on the Light Industrial Zone, which supports the service industry.

Ahmed Salmeen

Chief Executive – Government Affairs

Al Masaood Group “Al Masaood Group is proud to be among the leading national institutions to support the ‘TA’ZIZ’ project. We are honored to be a part of an initiative that bids to position the UAE as a leading destination for industrial investments. ‘TA’ZIZ’ is fundamental to changing the industrial sector and further strengthening the Emiratization program. It is essential to raise the global competitiveness of the local products and add value