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Thursday, November 12 - 2009

19 companies invest more than Dhs650m in constructing factories at Dubai Industrial City

  • United Arab Emirates: Monday, October 20 - 2008 at 11:26
  • PRESS RELEASE

Dubai Industrial City, a member of Tatweer, today announced that 19 companies are currently investing more than Dhs650m in the construction of their manufacturing units within the industrial township in the base metal, mineral, transport, equipment and parts, as well as the food and beverage zones, marking total investment in the city in excess of Dhs650m.

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Rashed Al Ansari, Vice President of Dubai Industrial City, explained that the construction activity is another sign of the growth and development of the township, which is the third largest non-real estate project in Dubai spanning across 560 million square feet.

"We are achieving rapid occupancy, an indication of the high demand and fast track development of the City. The on-going construction within the city means that we will maintain our leading role in driving the emirate's status as the region's hub for the industrial sector,"


he pointed out.

Rashed further noted that five of the 19 factories that are currently being built are estimated to be complete by 2008, while the remaining are scheduled to start operations by 2009.

"The new wave of construction will further expand the city and mark a milestone in our development with an increasing number of industrial units expected to be operational before the end of this year," he said.

Al Ansari further pointed out that more than 500 factories and manufacturing units for light and medium industries are set to be built across the various six industrial zones of the city until 2015.

"This is the start of massive and wide spread construction across our industrial zones as we have more than 450 investors who plan to have an industrial presence in the city with some of the investors planning to build multiple manufacturing units in the city", he pointed out.

Rashed also noted that the Dubai Centre for Industrial Standards, Maqayees, which is in charge of managing and implementing all Quality, Health, Safety and Environment (QHSE) issues across the industrial hub, is currently working to approve more than 140 construction applications for factories by the city's industrial tenants.

With construction activities at the City in full swing, two factories built by Conmix became operational earlier this year, for pre-mixed plaster and concrete with a total capacity of 300,000 tonnes per year.

Additionally, facilities are being added within the City in quick succession with new milestones being notched such as warehouses, logistic services and the Dubai Industrial Academy, as Dubai Industrial City continues to sign up fresh investors keen to set up base in the township.

In close proximity to Jebel Ali Port and Free Zone, with easy accessibility to major highways such as Sheikh Zayed Road, Emirates Road and the Dubai Ring Road, the 560 million square feet Dubai Industrial City is a dedicated industrial destination comprising six industrial clusters for food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.

Complementary facilities for logistics, warehousing, labour villages, industrial training, in addition to commercial, residential and entertainment zones, position Dubai Industrial City as a comprehensive one stop-shop destination. DI provides tenants with a critical competitive advantage in human resources, logistics and business operations.
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Notes and media contacts

About Dubai Industrial City
Dubai Industrial City (DI), a member of Tatweer, is set up on 560 million sq ft of prime land, with the aim of catalysing the growth and expansion of the industrial sector in the United Arab Emirates - especially in high value added manufacturing and production in the sectors of Machinery & Mechanical equipment, Transport Equipment and parts, Base Metal, Chemicals, Food and Beverage and Mineral Products.

Dubai Industrial City provides one of the region's finest business environments and is a one-stop facility for industry and related sectors such as logistics, assembly and warehousing, vocational training and labor residences.

DI City's strategic location near (Dubai World Central) the new Jebel Ali Airport City, the Jebel Ali Free Zone and Port; trans-Emirates highways, including Sheikh Zayed Road and Emirates Road, provides easy and convenient access to global transportation points via road, air and sea.

About Tatweer:
Launched in December 2005 Tatweer is one the region's most promising enterprises and a Member of Dubai Holding. It owns ten market-leading companies and managing an ambitious business development plan.

Its current portfolio is divided into Energy & Healthcare, Leisure & Entertainment, and Industry & Real Estate. Its entities are Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; Universal City Dubailand, the 22 million sq ft development with more than AED 8 billion investments, featuring Universal Studios as its centerpiece; "The Tiger Woods - Dubai" an exclusive golf community that will include a Tiger Woods designed Golf Course; Dubailand, one of the biggest leisure, entertainment and tourism destinations in the Middle East region; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; Bawadi, the world's leading hospitality and entertainment project bringing 31 hotels and more than 29,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first commodity futures exchange in the Middle East; Global Village, which brings together 160 different countries showcasing myriad cultures.

A Member of Dubai Holding, Tatweer and its entities will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange.

Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.

For Further Information:
Nagy Sedra
Dubai Industrial City
Tel: +971-4-364-3426
Fax: +971-4-4290205
Mobile: +971-50-4594252

Agency
Aseel Nihad
Associate Account Manager
Jiwin public relations
Tel: +971-4-361-3584

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