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Construction Starts for Two Factories at Dubai Industrial City

Dubai Industrial City, a member of Tatweer, today announced Conmix Limited, one of the Gulf's leading providers of construction material for more than 30 years, as the first investor to start construction at the largest integrated industrial hub in the Middle East.

The two factories, for pre mix plaster and construction chemicals, are being developed at an investment of AED 42 million within the City's mineral zone. Spread over 200,000 sq ft, the factories will have a combined annual production capacity of 200,000 tons. Both units are scheduled for completion by April 2007.

Chris Lobel, General Manager, Ready Mix Division, Conmix said:

'Currently, we export to Africa, Asia and the Middle East. The vantage location of our two new factories at Dubai Industrial City will help boost exports, besides serving the two largest construction material markets in the UAE - Dubai and Abu Dhabi.'

Lobel added Conmix will also gain from Dubai Industrial City's close proximity to the Jebel Ali Port and the upcoming Jebel Ali Airport.

'We could not ask for a better location close to the airport and the port, factors that encouraged us to invest in Dubai Industrial City. We'd also like to credit the City for its support and streamlined processes that has allowed us to translate our plans on the ground within a short time,' Chris noted.

Rashed Al Ansari, Chief Executive Officer of Dubai Industrial City, said: 'As the only dedicated industrial destination in Dubai, the Dubai Industrial City is increasingly becoming the preferred platform for industrial companies to set their business in the Emirate and we are pleased to welcome Conmix as the first investor to start construction work within the industrial hub. We are working closely with them to ensure their quality, health, safety and environment standards are in compliance with our regulatory norms.'

Dubai Industrial City is situated close to major highways such as Sheikh Zayed Road, Emirates Road and the Dubai Ring Road. Spread over 560 million square feet, it 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, staff accommodation, in addition to commercial, residential and entertainment zones, position Dubai Industrial City as a comprehensive one stop-shop destination, providing tenants with a critical competitive advantage in the areas of human resources, logistics and business operations.

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