The plot of land will be used to set up a manufacturing plant with an investment of Dh220 million for buildings, machinery and infrastructure.
The plant will be Ducab’s sixth in the UAE, alongside its three facilities in Musaffah and two in Dubai. Ducab also owns AEI Cables in the UK, which was purchased earlier this year. Ducab’s facility in Kizad is expected to be operational by 2015.
This was announced at the signing ceremony attended by Khaled Salmeen, CEO of Kizad, and Jamal Salem Al Daheri, Ducab’s Chairman.