Adac, Mubadala in Al Ain airport JV

14 June 2009

Mubadala Development and Abu Dhabi Airports Company (Adac) are jointly developing a $1bn aerospace cluster in and around Al Ain International Airport for aerospace manufacturing and services firms, The National has reported. The cluster is aimed at attracting dozens of small to medium-sized firms to relocate to the facilities in order to create an aerospace community around Mubadala's carbon fibre manufacturing plant. Adac is due to sign a partnership with bavAIRia Aerospace Cluster to develop the centre.

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