Al Habtoor plans $95m new facility
Dubai, October 3, 2007
Al Habtoor Motors has signed an agreement with Dubai Industrial City to build an Dh350 million ($95.30 million) services, distribution and warehousing centre in the City’s transport zone.
Spread over three million square feet area, the facility will be fully operational by the second half of 2009.
The deal was signed by Rashed Al Ansari, chief executive officer of Dubai Industrial City, and Ahmed Al Habtoor, chief executive officer of Al Habtoor Motors, the exclusive dealers for Bentley, Aston Martin and Mitsubishi vehicles in the UAE.
Dubai Industrial City is the emirate’s leading industrial destination and a member of Tatweer,
Al Ansari said: 'Dubai Industrial City offers the best environment and top of the range facilities for the automotive industry at the transport zone. The Al Habtoor centre will further strengthen our status as a key destination for manufacturing units.
“As more businesses choose Dubai Industrial City for their core activities, we anticipate an increase in the manufacturing of value added products within the free zone.
“In addition, regional economic expansion will add further momentum to the consolidation of Dubai Industrial City as a prime location for commercial activities.”
Al Habtoor Motors will build a pre-delivery inspection centre, a spare-parts warehouse and distribution centre, a Mitsubishi vehicle centre, a vehicle storage facility, in addition to workshops that meet the professional standards of Bentley, Aston Martin, Mitsubishi Motors and Temsa.
Ahmed Al Habtoor said: 'Our choice of Dubai Industrial City was based on the competitive advantage it will offer us in our operations.
“The all-inclusive complex will meet our operational needs and ensure the delivery of world class services. It will also meet our customers’ requirements and reflect the superiority of the brands we represent.'
Dubai Industrial City offers a dedicated industrial destination comprising six industrial clusters – food and beverage, base metals, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.
Ancillary facilities supported by commercial, residential and entertainment zones make Dubai Industrial City an integrated one-stop destination, providing tenants with a critical competitive advantage in the areas of human resources, logistics and business operations.
Dubai Industrial City (DI), a member of Tatweer, is set up on 560 million sq ft of prime land, with the aim of catalysing the growth and expansion of the industrial sector in the UAE – especially in high value added manufacturing and production in the sectors of Machinery & Mechanical equipment, Transport Equipment and parts, Base Metal, Chemicals, Food and Beverage and Mineral Products.
Dubai Industrial City provides one of the region’s finest business environments and is a one-stop facility for industry and related sectors such as logistics, assembly and warehousing, vocational training and labour residences.
DI City’s strategic location near (Dubai World Central) the new Jebel Ali Airport City, the Jebel Ali Free Zone and Port; trans-Emirates highways, including Sheikh Zayed Road and Emirates Road, provides easy and convenient access to global transportation points via road, air and sea.
Launched in December 2005 Tatweer is one the region’s most promising enterprises and a Member of Dubai Holding.
It owns ten market-leading companies and managing an ambitious business development plan.
Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge. TradeArabia News Service