19 Companies Invest More Than AED650 Million in Constructing Factories at Dubai Industrial City
Five Manufacturing Units to be Completed by End 2008
Dubai: 19 October, 2008 - Dubai Industrial City, a member of Tatweer, today announced 19 companies are currently investing more than AED650 million in the construction of manufacturing units within the township in the base metal, mineral, transport, equipment and parts, as well as the food and beverage zones.
Five of the 19 facilities are expected to be completed in 2008, while the remaining are scheduled to start operations by 2009.
Rashed Al Ansari, Vice President of Dubai Industrial City, said the heightened construction activity indicates a remarkable sign of growth for the 560 million square feet township, the third largest non-real estate project in Dubai.
Al Ansari said:
The rapid occupancy rate reflects high investor confidence, increase in demand for commercial and office space, and the fast track development of Dubai Industrial City. The ongoing construction of manufacturing facilities within our boundaries confirms we will maintain our leading role in driving the emirate’s status as the region’s hub for the industrial sector.
Based on statistics released by Dubai Industrial City, more than 500 factories and manufacturing units for light and medium industries are set to be built across the six industrial zones by 2015.
The massive construction activities across various zones are expected to gain further momentum with some of our more than 450 investors aiming to build multiple manufacturing units,
Al Ansari added.
The Dubai Centre for Industrial Standards, Maqayees, which is in charge of managing and implementing all Quality, Health, Safety and Environment (QHSE) standards across the industrial hub, is currently scrutinising applications for construction, which exceed over 140 in number. Two factories built by Conmix for pre-mixed plaster and concrete with a total capacity of 300,000 tones per year became operational earlier this year.
With the establishment of Dubai Industrial Academy and additional facilities such as warehouses and logistics services coming rapidly on stream, Dubai Industrial City is well on its way to notching new milestones and signing up fresh investors.
Located in close proximity to Jebel Ali Port and Free Zone with easy accessibility to major highways, the 560 million square feet Dubai Industrial City comprises six clusters – 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. Dubai Industrial City also provides tenants with a critical competitive advantage in human resources, logistics and business operations.
Notes to Editor
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.
For Further Information:
Nagy Sedra
Dubai Industrial City
Tel: +971 4 364 3426
Fax: +971 4 4290205
Mobile: +971 50 4594252
E-mail: nagy.sedra@dubaiindustrialcity.ae
And/or Agency
Aseel Nihad
Associate Account Manager
Jiwin public relations
Tel: +971 4 361 3584
Email: aseel.nihad@jiwin.ae