|Ducab Aluminium has announced plans to set up a AED 220 million manufacturing plant in Khalifa Industrial Zone Abu Dhabi, also known as Kizad.|
Ducab, a provider of cable and wire solutions in the UAE and wider GCC region, has signed an agreement to secure a 546,070 square feet plot of land in Kizad's aluminium cluster.
The plant will be Ducab's sixth in the UAE, alongside its three facilities in Musaffah and two in Dubai. Ducab also owns AEI Cables in the UK which was purchased earlier this year.
Ducab's facility in Kizad is expected to be operational by 2015 and 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.
Mr Khaled Salmeen CEO of Kizad said that "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 one of the world's largest single site aluminium smelters and Kizad's anchor tenant in the cluster."
Mr Jamal Salem Al Dhaheri chairman of Ducab said that "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."