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Four Prominent Organizations In Diverse, Vital Sectors Set To Join Zonescorp

Abu Dhabi, October 23, 2011: The Higher Corporation for Specialized Economic Zones (ZonesCorp) has announced that four new companies will be joining its industrial zones. Home to a range of diverse industries, ZonesCorp’s new additions (Penta Global Engineering Company LLC, Jindal Saw Limited, Neopharma, and Emirates Sugar) belong to different sectors, including engineering services, ductile iron pipe manufacturing, pharmaceuticals, and sugar production.

Crediting ZonesCorp’s unique offerings, Abu Dhabi’s strategic location and the UAE government’s support as reasons behind their choices to establish facilities within ZonesCorp, the four operations will positively contribute to ZonesCorp’s strategy of supporting the growth of the industrial sector in the Emirate of Abu Dhabi and on a national level.

“ZonesCorp is pleased to announce that we will be welcoming four new organizations to our zones in line with our strategy to attract diverse investments and industrial facilities from diverse sectors. Penta Global Engineering Company LLC, Jindal Saw Limited, Neopharma, and Emirates Sugar each operate within important sectors respectively, and their operations receive our full support, due to the positive impact they have on our nation’s economy and industry,” HE Mohamed Hasan Al Qamzi, CEO of ZonesCorp, said.

 

HE Al Qamzi added: “ZonesCorp offers local and foreign investors a range of exclusive services to facilitate the establishment of their operations, including its state-of-the-art industrial facilities, logistical requirements, best-in-class infrastructure, top notch administrative and management services, in addition to its service which allows investors to complete all their licensing and registration procedures under one roof.”

Penta Global Engineering Company LLC’s new facility will be operating in ZonesCorp’s ICAD III. Penta Global provides high-end mechanical engineering services to owners and EPC contractors in the fields of Oil & Gas, Petrochemicals, Fertilizer and Power. Jindal Saw Limited will be setting up its Ductile Iron Pipe manufacturing plant under the name Jindal Saw Gulf LLC in ICAD III, to meet the needs of growing water and sewage applications. Neopharma’s new facilities in ZonesCorp will be the country’s and the region’s first state-of-the-art plant to produce Cephalosporins APIs in line with its strategy to become an integrated healthcare enterprise providing end to end solutions. Emirates Sugar’s operational facility, on the other hand, will be producing sugar for food and pharmaceutical industry usages.

Zonescorp develops industrial zones, and currently operates and manages 5 industrial cities in Abu Dhabi hosting over 600 industrial projects, 200 of which are fully operational. It is home to industrial factories in various sectors. ZonesCorp is currently expanding its zones, which will be covering an area of over 50 sq. km by 2020.

ZonesCorp enables investors to set up their operations in the shortest time possible It also offers some of the best worker accommodation solutions by operating 17 worker residential Cities hosting over 300,000 residents.

About ZonesCorp:
The Higher Corporation for Specialized Economic Zones (ZonesCorp) is a government-backed entity that was established in Abu Dhabi in 2004 to enhance and develop the industrial sector. ZonesCorp is directly responsible for the establishment and management of specialized economic zones in Abu Dhabi, committing to develop the industrial infrastructure in the capital, cultivating a business climate conducive to growth and driving the diversification of the economy. The Corporation provides customer-centric services including a One-Stop Shop, a foreign labor service centre, and quality workers’ accommodation. ZonesCorp targets to leverage on an enhanced financial capability by procuring new specialized clusters through Public-Private Partnership management structures and involvement of the ZonesCorp Infrastructure Investment Fund. ZonesCorp’s current and future projects include 5 industrial cities in Abu Dhabi and Al Ain, in addition to a construction and building materials production city and other quality workers' accommodation cities.

 
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