Abu Dhabi Ports has welcomed SIDDCO Group’s latest venture iNGENIUM to Khalifa Port’s industrial Zone (Kizad) as its latest investor, in a deal worth $35.4mn.
iNGENIUM, a subsidiary of the SIDDCO Group, will set-up a facility in Kizad, which will generate more than a million man-hours per annum, with a fully automated production plant manufacturing equipment in various formats and metallurgies.
The iNGENIUM site is spread over a plot covering 122,000m2, with direct access to Kizad’s modular path, a dedicated road for moving over-sized equipment between the investors’ facility and Khalifa Port, in a swift, safe, and economical manner.
iNGENIUM’s built-up area will include a production unit, modular equipment assembly unit, a Non Destructive Test unit, an office block, a training centre, as well as a community centre to continually enhance the quality of human resources.
“Through extensive use of automation in the production line and robust investment in our people and in first-class Italian machinery, iNGENIUM will deliver enhanced efficiency and reliable engineering,” Zakee Siddiqi, Chairman & CEO SIDDCO Group, stated.
“Our ongoing investments in Italian machinery have proved extremely beneficial in ensuring uniformity in quality and precision.”
