New factories in Abu Dhabi are entering the production phase with investments of AED 520 million



Abu Dhabi: The Gulf

The Industrial Development Bureau of the Department of Economic Development (Abu Dhabi) continued its field visits to the new factories that came into production in Abu Dhabi in 2018. A delegation from the office visited a number of factories in the third industrial city of Abu Dhabi.
The delegation from the Industrial Development Bureau visited the Rainbow Mechanical Solutions plant, an industrial branch specializing in finished metal products such as iron tanks, iron coated metal products, mechanical spare parts, liquid pump parts, oil rigs and powder coated products with an investment value of AED 25 million.
The visit included the visit of National Paints Factories Ltd., Abu Dhabi's subsidiary specializing in the production of paints, solvents, pigments, processed paints, solvents and organic composite solvents, with an investment value of 25 million dirhams. The production of bottles and similar plastic packaging and import and export, with an investment value of 25 million dirhams.
The delegation also visited the AED 270 million plant, Prefabrication, which specializes in the production of iron structures, high pressure tanks, iron pipes and pipes for chemicals, fuel and water, as well as Al-Nasr Metal Industries Company with an investment value of AED 45 million. . Production of tubular supports for oil field drilling pipes, iron structures and pipe connections for drilling oil fields.
The delegation from the Industrial Development Bureau closed its tour to the new factories that went into production by visiting the factory of Al-Jazeerah Metal Industries Company with an investment value of 100 million dirhams, specializing in the production of metals. castings, iron structures, road protectors, hot-dip galvanized products, Targit Plastic Products Factory with an investment value of 30 million dirhams, specialized in the production of beakers, containers, flint stones and plastic containers for the preservation of food from one use.
Ahmed Hilal Al Baloushi, Acting Director of the Industrial Development Bureau, stressed the willingness of the Abu Dhabi government to provide all forms of support to investors in the industrial sector by offering many benefits and incentives that enable them to make investments successful. .
He said that the Bureau of Industry Development would like to monitor the performance of new factories by regularly visiting the team to see what their needs and wishes are.
The delegation from the Bureau of Industrial Development informed the officials of the new factories that went into production about the nature of their work and the mechanism of production and marketing of their products.

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