Nibras Al Ain Aerospace Park Phase 1 development nears completion with over 60% plots occupied
Abu Dhabi, UAE: Nibras Al Ain Aerospace Park (Nibras), the multi-faceted 25 km² joint development project by Mubadala and Abu Dhabi Airports Company (ADAC), has experienced tremendous growth since it was launched in 2012. In line with Abu Dhabi’s Economic Vision 2030, Nibras is a key driver in diversifying the Emirate’s economy and aiming to support the establishment of a sustainable aerospace hub in Abu Dhabi.
Nibras is the key catalyst to set up a world class aerospace center that will be an industrial platform for manufacturing and maintenance facilities, education and training institutions and research and development facilities. From SME’s to large corporations, Nibras will form the technology and aerospace cluster envisioned in the Al Ain 2030 plan.
With over 85% of its Phase 1 plans now complete, Nibras will continue to support the development of the aerospace industry while leveraging synergies, reducing costs and enhancing services for its tenants. 60% of the 25 Mn Sq Feet of land plots available in Phase 1 have already been occupied by a number of internationally recognized companies including; Strata Manufacturing, Advanced Maintenance, Repair and Overhaul Center (AMMROC), Horizon International Flight Academy (Horizon) and Etihad Flight College.
Homaid Al Shemmari, CEO of Aerospace & Engineering Services at Mubadala commented: “Nibras plays a critical role in the development of an aerospace hub in the Emirate of Abu Dhabi. By co-locating aerospace businesses in Al Ain, we’re able to maximize the synergies across the value chain and focus investment and effort in one geographical location. As we look forward, Nibras will become home to education and training initiatives that will generate employment opportunities for Emiratis, and for strategic research and development projects pushing the industry to new heights.”
Nibras is expected to create more than 10,000 jobs by 2030, transforming Al Ain into a competitive aerospace hub. Through its own 2030 Plan, Al Ain will utilize Nibras to establish a technologically advanced industry and provide employment to the highly qualified workforce – largely made up of females.
As a contribution to the community, Phase 1 will have approximately 15.5 km of walkways and 14 km of long cycle paths. During the parks development Nibras has also remained environmentally friendly, protecting and relocating over 8,000 Ghaf trees.