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Al Jazeera Steel invests 250 million dirhams in Kezad

“Khalifa Economic Zones Abu Dhabi -Kezad Group” and “Al Jazeera Steel” Company laid the foundation stone for the establishment of a rolling mill for medium structural sections, the first of its kind in the region to manufacture and produce railway rails, with investments amounting to 250 million dirhams on an area of ​​210 thousand square meters. It is the first of its kind in the region.

Al Jazeera Steel contracted with Pomini Long Rolling Mills (the foremost supplier of technology) to build the advanced medium section rolling mill with a production capacity of 450,000 tonnes, to meet the growing demand from customers for its products in the region’s markets. Where expectations indicate that the demand for steel products used in railways will witness a significant increase in the coming period with the implementation commencement of the railway network project in the Gulf Cooperation Council countries to be established to link the UAE, the Sultanate of Oman, the Kingdom of Saudi Arabia, Kuwait, Bahrain and Qatar.

There is no doubt that the development of the Al-Jazeera Steel plant within the Kezad region will have a significant and effective role in covering the growing needs of the regional markets for the company’s products and facilitating their supply, taking advantage of the strategic location of the Emirate of Abu Dhabi and the advanced infrastructure of the Kezad Group.

Mohamed Al-Ahmad, CEO of Khalifa Economic Zones Abu Dhabi – Kizad Group, said: “The steel industry is the backbone of industrial development and a reinforcement of the Kezad Group’s relentless efforts towards developing an integrated system that serves various sectors. Al-Jazeera Company is a great addition to our system and an important step towards maximizing the quality and size of the Emirate of Abu Dhabi’s contribution to the country’s industrial production. This indicates Kezad’s continuous efforts to enhance the productive and industrial capabilities of the Emirate of Abu Dhabi and the UAE.”

 

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