Rank: #52
Samir Chaturvedi
Sector: Free Zone
Company: Khalifa Industrial Zone (KIZAD)
Designation: CEO
Nationality: Indian
Residence: U.A.E.
With a career spanning over three decades, Chaturvedi oversaw the establishment of the $614.3 million Roadbot Tire Project in the Khalifa Industrial Zone (KIZAD)—the first tire manufacturing plant in the U.A.E.—in 2019. The industrial zone expanded its capacity in June 2020 by building 26 mixed-use showroom warehouses, 88 light industrial units, 20 large-terraced units and 56 medium light-industrial and warehousing units. KIZAD houses more than 600 local and foreign investors, which represent a total investment of more than $19.8 billion. In May 2020, it inked a $15 million deal with India’s Shrinath Flexipack Pvt Ltd to build the company’s first factory in the Middle East.