11 June 2008
Abu Dhabi Airports Company is embarking on a groundbreaking venture with the development of the first free zone near the international airport, spanning an expansive area of 4 million square meters. The strategic initiative is a pivotal component of the comprehensive development plan for the capital’s airport, with an overall investment of USD 6.8 billion. This visionary project is poised to transform the landscape, reinforcing the airport’s status as a major global aviation hub.
The first stage of this ambitious venture is scheduled for completion by 2010, marking a significant milestone in the evolution of Abu Dhabi’s aviation infrastructure. Once fully realized, the development plan is anticipated to elevate the airport’s capacity to accommodate an impressive 50 million passengers annually, further solidifying its position as a key player in the global aviation network.
The establishment of the free zone signifies a commitment to fostering economic growth, innovation, and international trade within the region. It is poised to attract a diverse range of businesses, offering them a strategic location within proximity to the airport and access to state-of-the-art facilities. As a catalyst for economic development, this project aligns seamlessly with Abu Dhabi’s vision for a dynamic and forward-looking future.
Abu Dhabi Airports Company remains dedicated to shaping the aviation landscape, driving economic prosperity, and enhancing connectivity. The first free zone near the international airport stands as a testament to the emirate’s commitment to excellence, innovation, and sustainable growth on a global scale.