Singapore tech firm to set up smart logistics facility in Kezad
SINGAPORE, 1 days ago
Singapore-based tech innovator Singauto has announced that it has signed a 50-year land lease agreement with Khalifa Economic Zones Abu Dhabi (Kezad Group), one of the largest operators of integrated and purpose-built economic zones in the region, for the establishment of its smart logistics facility.
Unveiling its plan, the Singapore group said it has committed AED100 million ($27.2 million) in investments for the new advanced facility that is focused on the development of green logistics solutions.
The new site will integrate Singauto’s latest smart technologies to manufacture intelligent refrigerated vehicles, designed to enhance the efficiency and sustainability of cold-chain logistics across the region, said the company in a statement.
The facility will launch operations with an expert team of over 100 professionals, each with more than 15 years of industry experience, ensuring the delivery of services aligned with top-tier international standards, it added.
Economic Cities and Free Zones CEO Abdullah Al Hameli said: "We welcome Singauto to Kezad’s thriving industrial ecosystem for sustainable automotive businesses. Their presence supports our goal to add value to the region’s logistics and automotive sectors, while driving green innovation that benefits all stakeholders."
"The automotive sector is a strategic priority for us, especially in alignment with our strong commitment to sustainability. Kezad Group and Singauto share a unified vision to accelerate the future of green mobility," noted Al Hameli.
This initiative, he stated, was part of Kezad Group’s broader vision to develop a fully integrated automotive hub, offering modern infrastructure, advanced logistics support, and a business-friendly environment that drives innovation and growth.
The partnership with Singauto marks a significant milestone in Kezad’s mission to become the global hub of excellence for automotive and logistics industries.
"With Singauto’s cutting-edge solutions improving cold-chain logistics, this project represents a significant step toward strengthening our sustainable transport capabilities and reinforcing Kezad’s role in shaping a resilient, future-ready supply chain," he added.
Singauto CEO Chen Xuefeng said: "We are confident that operating within Kezad’s integrated automotive ecosystem will provide us with the ideal foundation for scaling our business and meeting the region’s demand for eco-friendly, high-efficiency logistics."
"We look forward to leveraging Kezad’s specialised support to produce smart, sustainable commercial vehicles tailored to the needs of the regional cold-chain sector," he added.-TradeArabia News Service
