As part of its efforts to achieve economic diversification by 2030, the Abu Dhabi Government drew up plans to launch a multibillion-dollar industrial park and ports operation on a greenfield site in Taweelah (adjacent to the newly built Khalifa Port) which would become the emirate's first industrial free zone offering 100 per cent foreign ownership.[3] By 2030, Kizad is expected to contribute up to 15% of the emirate's non-oil GDP.[4]