Pakistan, Feb. 28 -- With an eye towards international expansion, Bisconni Middle East Manufacturing, a subsidiary of Pakistan's largest confectionary manufacturer Ismail Industries, has announced plans to establish a $30 million biscuit factory in Abu Dhabi's KEZAD Al Ma'mourah.
The development follows Bisconni Middle East Manufacturing's inking of a 50-year land lease agreement with Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated and purpose-built economic zones, for the establishment of a state-of-the-art manufacturing facility, according to a press statement issued by KEZAD Group.
Under the agreement, Bisconni will invest $30 million (AED 110 million) to set up a 37,000 square metre facility in KEZAD...