Abu Dhabi Airports Freezone + MSM Logistics partner up on a new warehousing facility: The Abu Dhabi Airports Freezone and MSM Logistics broke ground on an AED 85 mn warehouse in Abu Dhabi’s Al Falah District, according to a statement released on Friday. The facility will be developed on a 28,6 square meter plot of land and is slated to be operational in 1Q 2025.
Not MSM’s first rodeo with ADAFZ: MSM Logistics inked an agreement last October with ADAFZ to build an AED 85 mn building complex in the district. The project marked the first in Al Falah district. The project — which aims to establish a 16.5k sqm warehouse — was finalized through a Musataha agreement, which gives investors the right to construct a building or to invest in, mortgage, lease, sell or purchase a plot of land belonging to a third party for a specific period of time.
Why Al Falah? Al Falah district — situated east of Zayed International Airport — is a 8.3 sq km freezone operating under ADAFZ. The area offers infrastructure for cargo and logistics services.