Home Business & Finance Ahmed bin Humaid Al Nuaimi unveils AED 36 million strategic warehousing project

Ahmed bin Humaid Al Nuaimi unveils AED 36 million strategic warehousing project

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By Rafiq Vayani

AJMAN: H.H. Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of Ajman Free Zone (AFZ), launched a strategic project to build a number of warehouses that serve an array of targeted sectors such as health, food and sustainable development. The AED 36 million green project with a total built-up area of 9,070 M2 will consist of 82 units and service blocks that can be used as showrooms, warehouses or industrial facilities.

The size of the multipurpose units starts from 100 M2 and they can be used individually or by combining multiple units to form larger units, depending on the needs of investors or tenants.

H.H. Al Nuaimi emphasized that AFZ is constantly looking for ways and strategies to add further value to the emirate’s business environment, noting that the latest warehousing project will enhance the attractiveness and competitiveness of AFZ as a destination for business and commercial and industrial activities. He added that the project will also support environment protection initiatives and promote sustainable development by reducing electricity consumption and carbon emissions.

Furthermore, the project increases the amount of available space to meet the requirements of investors by providing additional units that can be used for several purposes, including chilled storage units and manufacturing facilities. It also provides sustainable options through the qualitative characteristics of storage units, including solar energy technology. Additionally, it is strategically located close to Ajman Port and Customs, ensuring easy inward and outward movement of customers’ products and transport.

With an aim to contribute to addressing the rising demand for electricity and support the Federal Electricity and Water Authority (FEWA) in this regard, the new AFZ warehousing project will use photovoltaic panels to generate electricity, which will partially address its electric power demand. Apart from the installation of energy saving LED lamps to light up the units, street lighting and outdoor lighting in the premises of the units will be fully powered by solar electrical panels attached to lighting poles. The facility will raise the insulation coefficient of the surfaces and walls to minimize heat exchange, which will in turn reduce the amount of energy required for cooling units.

This strategic project is part of AFZ’s commitment to achieve the goals of Ajman Vision 2021 in terms of enhancing the effectiveness and efficiency of government action in the emirate, accelerating sustainable development, and supporting the green economy. It also forms part of AFZ’s contributions to ensuring environmental protection and increasing the share of clean energy, which are among the priorities of the UAE Vision 2021.

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