The park aims to be a major economic driver for the UAE, producing 300-400 kilo tonnes of plastic products a year, and creating up to 7,000 new jobs. This is expected to contribute US $2.5 billion to GDP by 2025.
Ajman Civil Defence said no casualties were reported and that the fire was brought under control within a few hours by three fire-fighting teams.
ADNOC Logistics and Services will handle up to 800,000 TEUs (Twenty-foot Equivalent Units) per annum
Abu Dhabi Ports and Integral Plastic Industries have signed a Musataha agreement to build a new manufacturing plant in Khalifa Industrial Zone (KIZAD) with an investment of AED10 million.