Al Fozan to build a US$ 12.3 million manufacturing facility at Dubai Investments Park.

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26 Mar 2006

Al Fozan, a major importer of steel, wood, electrical and hardware material, as well as a leading manufacturer of steel and wooden products for the building and construction industry, is to set up a $12.3 million manufacturing facility at Dubai Investments Park.

The new facility will have the latest technology and equipment for fabricating steel and manufacturing wire-mesh and lumber, according to a top DIP official, and the plant, which is being built in an area of 68,145 square metres, will have a production capacity of 60,000 tonnes of cut and bend steel bars, per annum.

Khalid Kalban, MD & CEO, Dubai Investments and
Mahmoud Abu Dayah, Regional Manager, Al Fozan.

Dubai Investments Park has tenants from diverse industrial sectors such as pharmaceuticals, property development, metal treatment and insulation materials, water purification, boiling and distribution, heavy duty steel fabrication, cold storage, building systems, distribution of TV satellite equipment and the manufacture of cast steel valves for oil, gas and water industries as well as plastic pipes and accessories.