UAE Business: Al Masaood Group joins ‘TA’ZIZ’ enabler project – Gulf Digital News

  • Date: 20-Jul-2022
  • Source: Gulf Digital News
  • Sector:Real Estate
  • Country:UAE
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UAE Business: Al Masaood Group joins ‘TA’ZIZ’ enabler project – Gulf Digital News

Al Masaood Group, one of Abu Dhabi’s leading business conglomerates, has joined ‘TA’ZIZ’ project, a critical enabler of the UAE’s industrial and logistic development ambitions.

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

The announcement came after Al Masaood’s participation in the recently concluded ‘Make it in the Emirates’ forum organised by the Ministry of Industry and Advanced Technology in collaboration with Abu Dhabi Department of Economic Development (Added), Abu Dhabi National Oil Company (Adnoc), and other top national companies in the emirate. It saw the establishment of key partnerships to promote the manufacturing and production processes in the UAE.

Strategic project

Board Members Tariq Ahmed Al Masaood and Masaood Rahma Al Masaood attended the group’s signing of an Expression of Interest during the forum. This makes Al Masaood Group one of the first Emirati-owned private companies to take part in the strategic project.

‘TA’ZIZ’ comprises three zones: the 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.

Moreover, the project will help boost Al Masaood’s Emiratisation efforts and initiatives to train Emirati