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Kezad + Al Masaood Auto ink agreement for spare parts warehouse: AD Ports subsidiary Khalifa Economic Zones Abu Dhabi (Kezad) and Abu Dhabi-based Al Masaood Automobiles have inked a lease agreement for 12k square meters of warehousing space in the fifth phase of Kezad logistics park, according to a press release. The agreement looks to set up Al Masaood’s spare parts logistics center and streamline operations by boosting availability and dispatch rates. No details regarding investments and timelines were disclosed in the statement.
Al Masaood Automobiles is a major player in the local automotive ecosystem: The outfit is the sole distributor of Nissan, Infiniti, and Renault in Al Ain and Al Dhafra region, with the company’s Nissan service center in Mussafah standing as one of the largest in the world.
About Kezad’s logistics park phase 5: The logistics park is a cluster of Grade A, temperature controlled industrial warehousing facilities with specifications that can be customized for different client’s logistics needs, the statement notes. The logistics park leverages Kezad’s multimodal connectivity to land, sea, and air freight solutions, with easy access to Khalifa Port, Abu Dhabi International airport, and an upcoming railway network.
Kezad has been doubling down on partnerships with the local automotive sector: Another automotive group, Dubai-based Al Ghurair Group subsidiary Automotive Precision Technology, inked a land lease agreement with Kezad last month for a 30k sqm plot, where it looks to establish an automotive aluminum component manufacturing plant that is set to be operational by 2025.
