Abu Dhabi Ports and Binghatti Holding has inked a standard Musataha agreement (SMA) to establish a food and beverage (F&B) production plant at Khalifa Industrial Zone Abu Dhabi (Kizad).
Binghatti is an international investment holding company that concentrated on high-development possible projects within construction, real estate and fast-moving consumer goods (FMCG) businesses.
The above mentioned firm is identified for the brand of Raubi juices what will spend an initial AED150 million in the project with a plot size of 42,883 sqm, under the SMA with Abu Dhabi Ports. This will also under the name of Black Forest Food Industries LLC.
The current infrastructure and competent transportation network proffered by Kizad and Khalifa Port will keep up Binghatti’s endeavors in amplifying their food and beverage supply chain activities.
Kizad is a perfect place for a firm as Binghatti that manages a multinational business and seeks for more advancement into latest markets. Khalifa Port, being completely incorporated with Kizad, projects like this can optimize their distribution reach to clients base across the world.
This current investment reveals their pledge to support the leadership’s vision of diversification and to dynamically give to Abu Dhabi’s economy. They opted Kizad to establish this vital business enterprise because of its tactical site and the accessibility of the precise arrangement of services needed for the project.
The F&B products from Binghatti’s recommended plant in Kizad will be delivered in the UAE and exported through Khalifa Port to nations to the MENA region with upcoming ideas to develop their distribution to Europe and the Far East.
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