Abu Dhabi Ports Company (ADPC) has formed a subsidiary, Abu Dhabi Terminals Company, to operate Mina Zayed in collaboration with Dubai-based DP World. A management agreement was signed with DP World for management and operation of Mina Zayed in mid-2005 (MEED 5:8:05).Operations at Mina Zayed will be transferred to Khalifa Port & Industrial Zone at Taweelah within the next five years. The Mina Zayed area is expected to be redeveloped (MEED 4:11:05). Khalifa Port will be able to accommodate up to 33 million tonnes of cargo in its first phase, and will include container terminals, as well as dedicated bulk and general cargo terminals. It will be able to accommodate large container and dry bulk vessels. The port will be complemented by the Khalifa industrial zone, with a site covering more than 100 square kilometres. The zone will cater for a number of industries including base metals, heavy industry, chemicals, trade and logistics, building materials and medium and light industry. A number of industrial projects have already been announced, including a 1.2 million-tonne-a-year aluminium smelter to be developed by Dubai-based Dubai Aluminium Company (Dubal) and Abu Dhabi-based Mubadala Development, and a steel mill (MEED 7:4:06).