Dh150m cable plant will be set up in RAK

21/04/2009 00:00 AST

Hadeed Emirates Contracting, the leading industrial contractor and developer in the UAE has signed a contract with Saudi Arabian Middle East Specialised Cables Company (MESC) to establish a cable manufacturing plant in the emirate of Ras Al Khaimah for Dh150 million.

The facility, MESC - Ras Al Khaimah (MESC-RAK), is the first of its kind in the emirate and extends on an area of 53,000 square meters, to target the growing domestic and regional markets.

"We have ensured through cooperating with Hadeed Emirates to introduce an added economic value in the establishment of our first manufacturing facility in the UAE," commented Saeed Al Karam, MESC-RAKs general manager.

"The demand for cables is witnessing significant growth regionally and internationally, marking the growth of the construction sector as well as the progress of the real estate development industry in the GCC, the region, and the world," he added.

Saudi MESC has accumulated world-class experience over the many years of its operation to become one of the leading cable manufacturers in the region having established itself among international peers.

"The special importance we associate with this facility in Ras Al Khaimah is the culmination of the continuous growth recorded by the industry and energy sectors in the UAE and the region, owing to the establishment of a number of mega projects, and accordingly the facility is set to meet the demand of the domestic and regional industrial sector, reducing the time factor in delivering such ambitious projects," Al Karam explained.

Hadeed Emirates selection was based on the companys experience in the field after establishing the huge manufacturing facilities for Dubai Cables (Ducab) in the Mussafah industrial area of Abu Dhabi.

"We have allocated the best of our human resources for this project to ensure quality and timely delivery," said Sameer Dabbas, Hadeed Emirates chief executive officer.

"The duration of the construction contract extends to eight months, allowing for the production to proceed by the end of this year," he added.

Through deploying the latest construction methods and technologies, Hadeed Emirates was able to deliver many contracts ahead of the agreed timeframe.

Gulfnews