Date: 1 March 2007
The Group plans to invest over AED 500 million on the construction of five factories across the Dubai Industrial City's Mineral and Base Metal zones and its workshop clusters.
Rashed Al Ansari, Chief Executive Officer (CEO) of Dubai Industrial City, said: 'We are proud that the Al Attar Group, our first investor in Dubai Industrial City, has started construction work on its manufacturing unit.
'Global competition and new economic realities are quickly changing the way the industry does business. This makes Dubai Industrial City even more attractive because no other facility in the region offers such an advantageous array of resources. We are confident our investors will find the City an ideal operational base.'
He noted the Al Attar Group has leased 2,000,000 square feet across the City and plans to build a total of five factories for ready mix concrete, aluminium glazing, furniture, and ducts for central air conditioning units, as well as cranes for warehousing purposes.
Adding that other investors were also working on building their manufacturing units, Al Ansari pointed out that the end of 2008 will see the completion of a large number of industrial factories in Dubai Industrial City.
Ahmed Abdul Rahim Al Attar, Founder of Al Attar Group said: 'Our philosophy and strategy as a group is based on excelling at every level to harness quality blended with competitiveness. Dubai Industrial City's premier quality management system, validated by the Dubai Quality Mark, prompted our decision to be the first investors in the manufacturing hub. Our association with such a credible quality endorsement will provide enhanced value add to our production.'
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