Abu Dhabi: Abu Dhabi Airports Free Zone (ADAFZ), a subsidiary of Abu Dhabi Airports, has signed a Memorandum of Understanding (MoU) with Masdar City Free Zone, a thriving business community and sustainability hub located in Masdar City.
It was signed at ADIPEC in Abu Dhabi, the world’s largest energy event and exhibition. The new agreement will enhance space offerings and end-to-end logistics services for businesses in both free zones.
Masdar City Free Zone companies will have the opportunity to lease warehouse and manufacturing space within the Abu Dhabi Airports Free Zone through this collaboration.
As a world-class logistics partner, ADAFZ will offer free zone branch licenses at zero cost for companies operating in ADAFZ logistics and industrial areas. Additionally, premium services and other incentives will be provided to further support these businesses. Businesses will be able to hold licenses in and benefit from, both free zones.
The joint efforts of ADAFZ and Masdar City Free Zone will help improve synergies and strategic partnerships between Abu Dhabi Free Zones and grow the free zone ecosystem in the emirate.
We are thrilled to be working with Masdar City Free Zone moving forward. Real estate is an essential element of free zone operations, and we are excited about the opportunities to enhance services through our combined efforts. By working together, we can accomplish our shared vision of bolstering business integration within the free zone ecosystem, whilst ensuring more businesses benefit from the end-to-end logistics services we provide.
Ms. Maureen Bannerman, Chief Commercial Officer, Abu Dhabi Airports, said.
ADAFZ has a diverse portfolio of warehouses and real estate offerings in different locations within three Airports, including Abu Dhabi International (AUH), Al Ain International (AAN), and Al Bateen Executive (AZI).
The largest of these are situated within the Abu Dhabi Logistics Park, which is located near Masdar Free Zone and will enhance collaboration.