WAM
25 Feb 2025, 18:34 GMT+10
ABU DHABI, 25th February, 2025 (WAM) -- Khalifa Economic Zones Abu Dhabi - KEZAD Group, the largest operator of integrated and purpose-built economic zones and Bisconni Middle East Manufacturing today announced the signing of a 50-year land lease agreement for the establishment of their state-of-the-art manufacturing facility in KEZAD A (KEZAD Al Ma'mourah).
Bisconni is part of Ismail Industries, Pakistan's largest confectionery, biscuits and snack food manufacturer. In recent years, Bisconni has been steadfast in its focus on innovation and expansion.
Driven by plans to expand its international footprint, Bisconni is investing AED110 million (US$30 million) to set up its 37,000 square metre facility in KEZAD that will manufacture biscuits and confectionery products.
Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi - KEZAD Group, said, "We are pleased to welcome Bisconni to KEZAD, reinforcing our commitment to providing world-class infrastructure and strategic opportunities for leading manufacturers. This partnership marks a significant milestone in strengthening Abu Dhabi's position as a regional hub for the food and confectionery industry. With Bisconni's expansion into KEZAD, we look forward to supporting their growth and innovation while contributing to the diversification of the UAE's economy."
Maqsood Ismail, Managing Director of Bisconni Middle East Manufacturing, said, "We are thankful to KEZAD, Abu Dhabi and the UAE authorities for their cooperation, expeditious approval of our projects, and proactive support in setting up our business in Abu Dhabi. We look forward to an exciting chapter in our international expansion and growth."
The food processing sector is of strategic interest to Abu Dhabi and KEZAD is focused on the growth of this industry to attain the emirate's food security and sustainability objectives. Bisconni's new factory is a step forward in this direction.
Get a daily dose of Iran Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iran Herald.
More InformationBERLIN, Germany: Audi is moving forward with plans to expand production in North America, and CEO Gernot Doellner said a decision on...
TOKYO, Japan: The Bank of Japan is expected to raise interest rates at least once more this year, likely in the third quarter, bringing...
NEW YORK, New York - U.S. stock markets closed lower on Monday, with the major indexes showing mixed performances as investors digested...
BLAGNAC, France: Airbus has set a target of delivering around 820 commercial jets in 2025, marking a seven percent increase from the...
NEW DELHI, India: Google is preparing to open its first physical retail stores outside the U.S., with locations in India likely to...
WASHINGTON, D.C.: One in five Americans say they are buying more than usual because they are worried about President Donald Trump's...
JERUSALEM, Israel - Two bills that have passed a preliminary reading in the Knesset have raised concerns among civil society groups...
DUBAI, U.A.E.: Etihad Airways saw its net profit soar to $476 million last year, more than tripling its earnings as the airline continues...
BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...
Prayagraj (Uttar Pradesh) [India], February 25 (ANI): Suspended Bharatiya Janata Party (BJP) leader Nupur Sharma took a holy dip at...
ABU DHABI, 25th February, 2025 (WAM) -- Khalifa Economic Zones Abu Dhabi - KEZAD Group, the largest operator of integrated and purpose-built...
Washington and London have targeted India-based companies for trading with Russia and Iran A number of Indian companies have been...