Adhering to local regulations, companies continue to reinstate manufacturing sector’s key role in supporting the economy
Dubai, UAE, April 26 2020: With the manufacturing sector identified as a crucial industry and used as a means to achieve sustainable growth, Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market, is committed to contributing to the UAE economy through this vital sector by continuing the ongoing production of raw materials across its industrial manufacturing subsidiaries in steel, aluminum, glass and other building materials.
The functionality of the production lines are in line with maintaining and adhering to the regulations implemented by the government and in full commitment to protecting and safeguarding employees.
“Supporting local production and procurement is part of the initiatives implemented by the government towards stimulating competitiveness and achieving sustainable development during these times. Over the years the government has supported the manufacturing sector with various stimulus packages and it is now the time for the sector to unleash its potential enhancing local productivity and growth, promoting the ‘Made in UAE’ products. Dubai Investments has been contributing to the local economy and will continue to boost manufacturing industrial products providing premium quality solutions, especially complementing the construction market requirements in addition to the others”, said Abdulaziz Bin Yagub Al Serkal, CEO, Industrial Platforms, Dubai Investments.
With breakthrough advances and innovative concepts in glass solutions, Dubai Investments glass companies are continuing to provide premium quality glass solutions to meet the local requirements. Seizing available localization opportunities, the companies under Glass LLC have intensified efforts, stimulating the local production capacity and maintaining production levels with limited resources. Companies are maintaining delivery commitments for all ongoing projects ensuring minimum disruptions across the value chain.
Ongoing large scale investments in infrastructure and healthcare sectors has ensured consistent local demand for steel structures and Pre Engineered Building (PEB) in the industrial, commercial, and residential sectors. Meeting these demands is the Dubai Investments company in the design, fabrication, and construction of quality steel structures. Company’s steel factories are running production lines efficiently and effectively, meeting the local requirements and keeping the momentum within the key industrial segment active.
A portfolio of Dubai Investments subsidiaries offering a comprehensive range of products and services in the building materials and construction sector, is meeting the local demands within the sector, ensuring timely availability of materials, improving competitiveness and meeting project timelines, ensuring timely delivery of projects. These initiatives have benefited the local economy and helped maintain stimulus around UAE’s most significant sector, giving a boost to the local construction industry.
With the Dubai government efforts towards pushing initiatives to develop industrial sectors to cope up both with the demand and the vision of being the world’s most dynamic manufacturing hub, contributing to the local economy and keeping pace during tough economic situations, Dubai Investments industrial manufacturing companies are thriving to serve the best during these times.
About Dubai Investments
Dubai Investments PJSC is a leading investment company listed on the Dubai Financial Market with over 16,482 shareholders and a paid up capital of AED 4.25 billion. Incorporated in 1995, the Company has grown exponentially, and its diversified portfolio currently holds 35 subsidiaries and joint ventures across 23 sectors. Since its inception, Dubai Investments has introduced cutting-edge technologies, pioneering business models, unique investment strategies and innovative concepts, driving progress across key sectors and markets including construction and building materials, real estate, manufacturing and industrial, healthcare, education and financial investments across the UAE and the Middle East.
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