Abu Dhabi announces new port and industrial zone at Taweelah14 January 2006
In keeping with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Abu Dhabi Crown Prince, Deputy Supreme Commander of the UAE Armed Forces and Chairman of Abu Dhabi Executive Council, the government of the Emirate of Abu Dhabi unveiled today plans to develop a new port and industrial area at Taweelah, situated on the coastline halfway between the cities of Abu Dhabi and Dubai.
In a statement made on the occasion, Sheikh Mohammed bin Zayed Al Nahyan said: “Under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the new port and industrial area are considered an essential part of the current strategy aimed at stepping up pace of development in the economic, industrial and tourism fields.”
Sheikh Mohammed underlined UAE leadership’s keenness “to further maintain economic growth at a faster pace and to consolidate the country’s industrial base, in a way that will lead to increasing its competitiveness and enhancing its image as a globally recognized hub for investment, business and international trade.”
“We are confident that this innovative project will have a lasting effect on the Emirate’s ports and industry sectors and will act as a catalyst for local, regional and international businesses,” he added.
Detailing plans to develop the new port and industrial area, Hiss Highness Sheikh Saeed Bin Zayed Al Nahyan, Chairman of the Abu Dhabi Seaports Authority said the new port and industrial zone at Taweelah will be called the Khalifa Port and Industrial Zone. The new project estimated to cost in excess of AED 8 billion.
“The new port will include a container handling terminal and piers for handling raw and bulk cargoes. It will be designed and developed to the highest international standards in an environmentally sustainable manner and will be capable of handling the largest types of ships. The project also entails an industrial estate along with ancillary and supporting commercial and residential developments. The first phase should be ready in the next five years,” added Sheikh Saeed.
He continued by saying: “This major development will serve the economy of Abu Dhabi and the UAE for the decades to come and aims at relocating Mina Zayed from the island of Abu Dhabi where it operates in a congested environment to a new location where it can capitalize on the existing power generation and desalination cluster and the natural gas network including better access to the deeper water of the Gulf and proximity to major highways. The industrial zone which is being developed through public-private partnerships will play a major role in the generation of the traffic for the new port and will host major basic industries, some of which will be announced in the near future, whilst providing vast opportunities for investment and creating sustainable employment opportunities for UAE nationals.”
“This development comes on the heels of the re-organization of the port sector that is being overseen by the recently - created Committee for the Re-structuring of the Abu Dhabi Port Sector.” added His Highness.
“Furthermore, this development will further enhance cooperation between the UAE’s different ports in the industrial and transportation sectors concluded Sheikh Saeed.