{"id":425,"date":"2025-06-26T04:10:00","date_gmt":"2025-06-26T04:10:00","guid":{"rendered":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/?p=425"},"modified":"2026-06-16T12:25:23","modified_gmt":"2026-06-16T12:25:23","slug":"stockspace-and-axione-development-to-establish-warehouse-in-kezad","status":"publish","type":"post","link":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/06\/26\/stockspace-and-axione-development-to-establish-warehouse-in-kezad\/","title":{"rendered":"StockSpace and Axione Development to Establish AED 50M Warehouse in 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14,200 sqm facility will develop state-of-the-art warehouse space focused on F&B and FMCG industries<br \/>\n<\/em><br \/>\n<strong>Abu Dhabi, UAE \u2013 26 June 2025<\/strong>: Khalifa Economic Zones Abu Dhabi \u2013 KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the UAE, Grade A warehouse operator StockSpace and project master developer Axione Development have jointly announced the signing of a 50-year land lease agreement to establish a state-of-the-art Grade A warehouse facility in KEZAD Area A (KEZAD Al Ma\u2019mourah).<\/p>\n<p>StockSpace has invested AED 50M to set up its 14,200 square metre facility that will significantly contribute to the growth of F&B and FMCG industries in the region by providing prime quality warehousing space and operations. The company\u2019s operations are set to create around 100 new jobs at the facility in KEZAD.<\/p>\n<p><strong>Mansoor Al Marar, Vice President, Industrial Business Development, KEZAD Group<\/strong>\u00a0said: \u201cThe food processing industry is a strategically important and dynamically evolving sector, significantly contributing to Abu Dhabi\u2019s GDP. As a key enabler of Abu Dhabi\u2019s Industrial Mission, we provide an innovative environment in KEZAD to boost local manufacturing, enable world-class logistics setup for efficient distribution operations, and develop ancillary industries to facilitate growth.<\/p>\n<p>\u201cWe will continue to deliver world-class industrial ecosystems that create market opportunities for the F&B sector. Our partnership with StockSpace is a significant step in this direction \u2013 to build capacity and improve the economic landscape for the industry in KEZAD.\u201d<\/p>\n<p><strong>Georgy Gvilava, CEO, StockSpace<\/strong>\u00a0said: \u201cAs we begin our partnership with KEZAD, we will stay focused on our goals for sustainable innovation to stay ahead in the market, and achieve our long-term success plans.\u201d<\/p>\n<p><strong>Mikhail Zarkhi, Managing Partner, Axione Development\u00a0<\/strong>said: \u201cIt is an honour for us to develop a top class state-of-the-art Grade A warehouse facility for StockSpace, which will contribute to further development of KEZAD and the Emirate of Abu Dhabi.\u201d<\/p>\n<p><strong>Daniel Ilizarov, Managing Partner, Axione Development<\/strong>\u00a0said: \u201cOur key focus of expertise is development of a modern facility in such a strategic area as KEZAD, which would allow us to significantly increase capacity in the most demanded and fast-growing sectors of the UAE market.\u201d<\/p>\n<p>Abu Dhabi plays a significant role in driving growth for the FMCG industry, contributing 36 percent of the UAE\u2019s total food processing output. KEZAD is a key facilitator in its growth, providing world-class manufacturing, logistics and trade infrastructure within its advanced ecosystem specially designed to support the sector.<\/p>\n","show_read_more":"0","content_for_read_more":""},"_links":{"self":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/comments?post=425"}],"version-history":[{"count":1,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/425\/revisions"}],"predecessor-version":[{"id":428,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/425\/revisions\/428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/media\/426"}],"wp:attachment":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/media?parent=425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/categories?post=425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/tags?post=425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}