ArabianBusiness.com - Middle East Business News
Sunday, 08 November 2009 18:06 UAE time

YOUR DIRECTORY /

| Share |

Industrial city targets 30 factories by end of 2009

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 18 March 2009
FACTORY PLAN: An artist's impression of Dubai Industrial City.

Thirty factories are expected to be operating in Dubai Industrial City by the end of 2009, project chiefs said on Wednesday.

The target was announced as bosses of the dedicated industrial destination said grading work of its 167 million square feet Phase 2 development has been completed ahead of schedule.

Rashed Al Ansari, vice president of Dubai Industrial City, said: “In keeping with our firm commitment to create a vibrant industrial destination, we have initiated appropriate measures to ensure investors gain possession of their designated plots and begin construction work as soon as possible.

Story continues below
advertisement

“Work on the remaining segments of our project will also proceed as planned, as we streamline our efforts towards establishing a holistic manufacturing destination with the most modern facilities."

Ansari added: “We expect to have 30 factories operating in Dubai Industrial City by end of 2009, some of them located in the second phase of the project. Our investors have production deadlines and commitment to their own suppliers and consequently we are keen to enable them to commence work on their factories.

"By meeting their expectation we have validated our sincere endeavour to shape an optimum enabling environment at the industrial township.”

Dubai Industrial City is the third largest non-real estate project in Dubai and is spread across 560 million square feet of land.

The project comprises six industrial clusters featuring food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.

The city is expected to accommodate around 500,000 people when it is completed by 2015.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. Dubai Industrial City»

 EMAIL ALERTS

  1. Dubai Industrial City

  2. Construction & Industry


Tell us your story

READER COMMENTS

  1. The tipping scandal 15
    08 Nov ' 09 at 16:32
    Steve you are 100% right. Managers and bosses have no right to use tip money for any other purpose than todistribute it to the staff...   More  »
  2. The party's just beginning 08
    08 Nov ' 09 at 16:35
    "Those doom merchants who claimed Dubai would not be able to pay its debt due this year, will soon be eating their words"I think most...   More  »
  3. Abu Dhabi to ban all plastic bags in shops by mid-2010 06
    08 Nov ' 09 at 13:29
    Dear Freinds,No paper bags also a agree. Bio degratable plastic (Made of potato, corn starch or other products. and most off all you...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM