Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market, is continuing the production of raw materials across its industrial manufacturing subsidiaries in steel, aluminium, glass and other building materials amid the Covid-19 crisis.
The functionality of the production lines is in line with maintaining and adhering to the regulations implemented by the government and in full commitment to protecting and safeguarding employees, the company said.
“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 for 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 localisation 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, he said.
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. Dubai Investments’ companies in the design, fabrication, and construction of quality steel structures is meeting this demand.
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, the company said.
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, it said.