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KIZAD Inks Strategic Partnership with ICBC

MEDIA / Articles / 2019 / KIZAD Inks Strategic Partnership with ICBC
Abu Dhabi Ports, the parent company of Khalifa Industrial Zone Abu Dhabi (KIZAD), and Jiangsu Overseas Cooperation Investment Co. Ltd (JOCIC), a partner in KIZAD’s China-UAE Industrial Capacity Cooperation Demonstration Zone, has inked a 5-year agreement with Industrial and Commercial Bank of China (ICBC) to provide a convenient solution for companies setting up in and operating out of KIZAD. 

Through ICBC’s branches in Abu Dhabi, UAE and Jiangsu, China, the bank, as the preferred banking partner of KIZAD companies, will provide its various services and products, offering an easier solution to clients and improving the ease of conducting business. 

The UAE is an important gateway for the greater Middle East and North Africa (MENA) region and a strong partner under the Belt and Road Initiative (BRI), and the Demonstration Zone is part of UAE’s supporting initiatives under the BRI. 

KIZAD, Abu Dhabi’s premier free zone, has constantly unveiled initiatives aimed at assisting prospective clients, and is already one of the most cost-effective solutions within the UAE, and this latest partnership with ICBC is set to make the free zone more appealing to international-minded entrepreneurs.

Should you like to know more about KIZAD and how this free zone can be a suitable destination for your upstart business, contact Freemont for professional advice. 

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