Gulf Jyoti International to set up transmission tower manufacturing facility at Dubai Investments Park
Gulf Jyoti International LLC (GJI), a joint venture company between Gulf Investment Corporation, Kuwait and Jyoti Structures Limited, India, has announced the setting up of a state-of-the-art transmission tower manufacturing facility at Dubai Investments Park.
The new facility will have the latest technology and equipment that will enable the plant to achieve a production capacity of 33,000 Metric Tons (MT) per annum on a two-shift basis.
Khalid J. Kalban, Managing Director and Chief Executive Officer, Dubai Investments, said, “Over the years, Dubai Investments Park has been attracting several leading regional and international companies, who have successfully set up operations and tapped the market potential of the region. The range of facilities and services available at the Park has been one of the factors that have attracted a diverse portfolio of clients.”
“GJI’s technologically advanced facility will aid critical power transmission infrastructure development in the region and contribute to its overall economic progress. The company will have several strategic advantages by operating from Dubai Investments Park, which offers its tenants a range of benefits such as quality infrastructure facilities and support services. We will offer GJI all the assistance they require in successfully carrying out their operations from Dubai Investments Park. One of the main objectives of the Park is to support the manufacturing sector in the region and provide a base for industrial development,” added Khalid Kalban.
Commenting on the new facility, Mohammed Al-Melhem, Chairman, Gulf Jyoti International, said, “Our decision to set up this modern transmission tower manufacturing facility at Dubai Investments Park is certain to pay rich dividends as the Park is a comprehensive, self-contained business zone. The proximity of the Park to the Jebel Ali port is another factor that will smoothen our operations here. We will be adopting the most advanced technology in our new facility which will help us achieve an excellent production capacity.”
The infrastructure facilities at Dubai Investments Park include an extensive and well-planned road network, electricity and water network, state-of-the-art telecommunications services, wastewater treatment plants and irrigation and fire fighting network.
Dubai Investments Park has tenants from diverse industrial sectors such as pharmaceuticals, property development, metal treatment and insulation materials, water purification, boiling and distribution, heavy duty steel fabrication, cold storage, building systems, distribution of TV satellite equipment and the manufacture of cast steel valves for oil, gas and water industries as well as plastic pipes and accessories. The park consists of four business zones including the Industrial Zone, Commercial Zone and the Residential and Recreational Zone. It also hosts leading international schools, thus making it like a mini-educational zone.
- Dubai Techno Park: Gulf Food Industries to set up new facilities for food processing and manufacturing
- GIC develops power transmission project to boost region’s power infrastructure
- Algiers hosts international conference on electricity transmission
- Dubai Investments Park to host Seven Seas LLC steel processing facility
- Dubai Investments Park Development Company to raise AED 250 Mn through a syndicated credit facility