Ducab Aluminium to set up plant at Kizad
Abu Dhabi, May 28, 2014
Ducab, a leading provider of cable and wire solutions in the region and Khalifa Industrial Zone Abu Dhabi (Kizad) have signed a 30-year Musataha agreement which secured Ducab Aluminium a 546,070 sq ft plot of land in Kizad’s aluminium cluster.
Ducab Aluminium will set up a manufacturing plant with an investment of Dh220 million for buildings, machinery and infrastructure, said a statement.
The plant will be Ducab’s sixth in the UAE, alongside its three facilities in Musaffah and two in Dubai, it said.
The facility in Kizad, which is planned to be operational by 2015, will focus on the production of aluminium rods and conductors for overhead transmission lines and will supply mainly the cable manufacturing industry and utility sectors.
Khaled Salmeed, CEO, Kizad, said: “With Ducab, we have won yet another strong business partner in Kizad, which currently counts 54 national and international high profile investors.
“Ducab’s manufacturing facility will integrate perfectly into our aluminium cluster and function as a downstream producer next to Emirates Aluminium (EMAL), one of the world’s largest single-site aluminium smelters and Kizad’s anchor tenant in the cluster.”
Ducab will be using Kizad’s ‘Hot Metal Road’ designed to transport hot molten aluminium from Emal to its nearby mid and downstream producers for further and immediate manufacturing purposes, said the statement.
Jamal Salem Al Dhaheri, Ducab’s chairman, said: “Kizad has emerged as an exponentially growing industrial zone recently. Being in Kizad offers Ducab a unique opportunity to communicate with other industries, identify future growing opportunities and enhance its efficiency in terms of logistics and manufacturing. Additionally, proximity to Emal for molten metal supplies is one of the most critical reasons, as is proximity to Khalifa Port for an unparalleled logistics infrastructure.”
“We are currently exporting copper rods, cables and wires to clients in the GCC and MENA region, as well as to clients on the Indian Subcontinent, in Africa and Europe. Being located in Kizad will further enhance our logistics infrastructure and market access,” Al Dhaheri added. - TradeArabia News Service