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Conceived and implemented by higher corporation for specialised economic zones (ZonesCorp), the new industrial city will play a major role in developing vital sectors of strategic importance in the country.
The inaugural ceremony was attended by a number of Shaikhs, prominent state officials, investors and representatives of economic entities in public and private sectors.
Opening the industrial city, Shaikh Tahnoun said that the project will help the sustainable development in the industrial sector in Al Ain and will create opportunities for the national entrepreneurs.
In a statement given on this occasion, chairman of the Abu Dhabi Crown Prince's Court and chairman of ZonesCorp Shaikh Hamed bin Zayed Al Nahyan expressed his appreciation and gratitude to all those who have played key roles in bringing this vital project into fruition. He added that the Al Ain industrial city has been accomplished in the set time, providing the most modern infrastructure and services and creating a balanced investment climate.
The Al Ain Industrial City project was first launched earlier in 2006, marking the first expansion of the industrial landscape from Abu Dhabi to the eastern region, as conceived by the Zonescorp.
Shaikh Hamed attributed the success of this project to the directives from the President His Highness Shaikh Khalifa bin Zayed Al Nahyan and continuous follow-up by General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. He added that their vision for industrial growth helped the ZonesCorp to chalk out its future strategy and plan for a number industrial cities, thus contributing to the overall economic growth of the country.
Local and global firms can now establish industrial units benefiting from the most modern infrastructure and can easily penetrate markets around the world, Shaikh Hamed added.
Al Ain Industrial City will be a powerful impetus and support to industrial development. It will create vast work opportunities for the national youth with required skills on one side, and will attract national, regional and global industrial ventures on the other. The city is built on global standards with regard to modern infrastructure and ensures proximity to world markets," noted Shaikh Hamed.
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