In form with the Create it within the Emirates initiative, chief Zambian cable maker Neelkanth Cables has inaugurated its state of the art production facility at TECOM Workforce’s Dubai Business Town, a few of the pocket’s biggest commercial and logistics hubs. Representing an funding of AED 130 million, the manufacturing facility spans 503,000 squareft. and can accommodate 200 staff.
The founding used to be held with the participation of His Excellency Omar Al Suwaidi, Undersecretary of the Ministry Business and Complex Generation and Saud Abu Alshawareb, Govt Vice President of Business at TECOM Workforce, along high-level officers and dignitaries.
His Excellency Omar Al Suwaidi, Undersecretary of the Ministry Business and Complex Generation stated: “The National Strategy for Industry and Advanced Technology primarily supports the advancement of the industrial business environment and investment attractiveness of this vital sector, which boasts innovative incentives and enablers. The ministry cooperates with strategic partners such as Dubai Industrial City to showcase investment opportunities to local and international investors and stakeholders.”
His Excellency added: “We welcome industrial sector investors and provide them with incentives and enablers to grow and thrive, as well as enhance their competitiveness under the Make it in the Emirates initiative, National ICV and Technology Transformation Programs, among others. Their appetite for expansion in the UAE reflects the country’s attractiveness to international companies. The ministry cooperates with strategic partners to create a business environment that helps manufacturers grow and compete in local, regional and international markets.”
His Excellency referred to as on buyers and commercial corporations to discover aggressive benefits on the 3rd version of the Create it within the Emirates Discussion board, arranged via the ministry in cooperation with ADNOC and the Abu Dhabi Area of Financial Construction (ADDED), taking park on Would possibly 27 and 28 on the Abu Dhabi Power Centre underneath the theme ‘Invest. Innovate. Grow’.
He famous: “The forum will see the announcement of new initiatives, as well as the signing of agreements and memorandums of understanding to enhance incentives and enablers. It will drive technological transformation, innovation and the competitiveness of Emirati products, unlocking procurement and investment opportunities worth billions of dirhams.”
“Local manufacturing capacity wields a profound economic impact by not only producing essential infrastructure, but also acting as catalysts for economic growth, job creation, and global expansion,” stated Saud Abu Alshawareb, Govt Vice President of Business at TECOM Workforce PJSC, in the name of Dubai Business Town.
“We are proud to welcome Neelkanth Cables to our growing industrial community, and its facility aligns with our vision of nurturing a homegrown manufacturing ecosystem that enables the manufacturing of essential items like cables, thereby driving growth in the industrial sector. Our collaboration will not only help unlock the goals of Dubai Economic Agenda ‘D33’ by creating employment opportunities and fostering innovation, but also solidify the objectives of Operation 300bn and Make it in the Emirates by taking the Made in the Emirates mark to new markets.”
Sanjeev Dubey, Eminent Running Officer at Neelkanth Cables Production LLC, stated: “We’re dedicated to supporting the native crowd and the commercial ecosystem of the UAE, desiring to proudly give a contribution to Dubai’s enlargement and building for years yet to come. Dubai Business Town used to be our first selection for the untouched facility because of its strategic location similar to primary transportation hubs facilitating environment friendly logistics and distribution, its trendy infrastructure offering a conducive circumstance for diverse commercial actions, and magnificient aid products and services together with industry set-up backup, licensing, and approvals.
“We will consistently allocate resources towards research and development, infrastructure improvements, and employee welfare to enhance our competitiveness and contribute to Dubai’s and the UAE’s manufacturing sector.”
The power will build low- and medium-voltage conductors and instrumentation cables, with a throughput of 20,000 metric tonnes (MT) in step with annum, together with 13,000MT of copper and seven,000MT of aluminium energy cables each and every a occasion, via integrating state of the art applied sciences comparable to programmable good judgment controllers and supervisory regulate and knowledge acquisition (SCADA) programs to optimise manufacturing processes and make stronger potency.
Neelkanth Cables objectives to handover energy transmission and distribution, oil and gasoline, development, cement, metal, infrastructure, and steel trade shoppers around the UAE, GCC, South Asia, and Africa during the facility at Dubai Business Town.
Neelkanth Cables’ untouched facility is imposing across the world recognised requirements together with ISO 9001, ISO 14001, and ISO 45001 for constituent, environmental, and occupational condition and protection control programs, respectively. Its founding is anticipated to backup fulfil Neelkanth Cables’ eye for technology-led product constituent and function improvements, minimised environmental have an effect on, and construction strategic price chain partnerships with providers, vendors, and alternative stakeholders to manufacture adaptability and resilience into its operations.
Neelkanth Cables joins a crowd of greater than 1,000 native, regional, and global shoppers, along with over 300 operational factories at Dubai Business Town, the pocket’s chief production and logistics hub that may show off homegrown excellence from its ecosystem on the later Create it within the Emirates Discussion board at Abu Dhabi Power Centre on 27-28 Would possibly. Introduced in 2004, Dubai Business Town is situated similar to Al Maktoum Global Airport, Jebel Ali Port, an Etihad Rail freight terminal, and important regional street networks and deals specialized infrastructure, together with commercial land, reserve, and logistics areas throughout a sector-specific masterplan with devoted zones for the bottom metals, equipment, minerals, F&B, delivery, and chemical industries, serving to to minimise squander and allow resource-sharing.
Dubai Business Town is a part of TECOM Workforce’s portfolio of commercial locations that come with Dubai Web Town, Dubai Media Town, Dubai Studio Town, Dubai Manufacturing Town, Dubai Wisdom Landscape, Dubai Global Instructional Town, Dubai Design District (d3), and Dubai Science Landscape.
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