Ducab invests Dh 100 million to modernize production line
The Dubai Cables Company (Ducab) recently modernized its factory in the Jebel Ali Free Trade Zone. The company invested Dh 100 million ($2.2 million) into a new production line and machinery imported from abroad, reported Al-Bayan.
Ducab’s decision to upgrade its facilities will enable the company to manufacture high-voltage cables—up to 132 kilovolts—in addition to their already operating production line of medium and low-voltage cables.
The Ducab manufacturing plant is built on 54 hectares of land. The Factory floor space and production capacity has more than trebled since it was first constructed. Ducab’s first expansion program was completed in mid-1999, at a cost of Dh 77 million.
In 1979, the Government of Dubai, with the BICC Group of the UK, established Ducab, which became the first cable manufacturing company in the UAE. Ducab is managed by BICC, an international cable manufacturer with more than 50 operations worldwide.
In 1997, the Government of Abu Dhabi with the General Industry Corporation (GIC) became the third shareholder of Ducab with shareholding structure being Government of Dubai and Government of Abu Dhabi with 35 percent each, and BICC UK holding 30 percent. — (menareport.com)
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