Sunday 23 June 2024
 
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The signing ceremony

Kezad Group signs lease deal with Ducab Metals Business

ABU DHABI, 27 days ago

Ducab Metals Business (DMB), a leading supplier of metals solutions in the region, has signed a lease agreement with Khalifa Economic Zones Abu Dhabi – Kezad Group for expanding its existing manufacturing facility in Kezad.
 
The 50-year lease agreement, signed in the presence of Mohamed Al Khadar Al Ahmed, CEO Khalifa Economic Zones Abu Dhabi – Kezad Group, and Khaled Lootah, Chairman of Ducab Group, at the Make It In The Emirates Forum 2024, will see DMB adding 51,015 sq m to its existing 50,000 sq m facility in Kezad for increasing high-quality copper and aluminium industrial products capacity. This expansion brings DMB’s presence in Kezad to over 100,000 sq m.
 
The project will offer several strategic benefits, including the company's use of their proprietary best-in-class research and development to help enhance Abu Dhabi’s reputation as a hub for the new varieties of advanced metal products. The facility will certainly also create new jobs in the process.
 
Metal manufacturing
Al Khadar said: "DMB is a reputable name in the industry. Kezad Group is spearheading the progress in metal manufacturing as one of the leading industrial and economic zones in the UAE.
 
"Kezad Group is helping to pave the road for sustainable growth and innovation in the UAE's metal sector through Abu Dhabi's business-friendly policies for the advances of metal industries and investment in associated infrastructure.”
 
Mohamed Al Ahmedi, CEO of DMB, spoke about the expansion of their facility in Kezad. He stated, "Our expansion in Kezad marks a significant milestone for DMB. This move will enhance our production capabilities and enable us to service new industries such as Energy, Transport and Transformers and meet the growing demand more effectively. The strategic location and world-class infrastructure provided by Kezad is important in driving our future growth and operational efficiency."
 
DMB, a renowned brand in the metals industry, has been a model of innovation and quality with two state-of-the-art facilities and a total installed capacity of over 235,000 tonnes of copper and aluminium metal per annum, supplying over 75 countries globally. DMB is a leader in industry and is part of Ducab Group a frontrunner in the energy sector.--TradeArabia News Service
 



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