Dubai firm to invest Dh365m in Kizad

Dubai-based

Trustworthy.ae group plans to invest Dh365 million ($100 million) in Khalifa Industrial Zone Abu Dhabi (Kizad) to develop an inland container depot as well as a third-party container freight station and other port-related services over the next five years. Construction of the container freight station and inland container depot, which will be developed on a 1.4 million square foot land plot, will commence in January 2019 and is set to become operational by June 2019, according to the firm. (Staff Report)