Neelkanth Cables, the Zambian cable manufacturer, has opened its factory equipped with the latest facilities and equipment in Dubai Industrial City, a subsidiary of TECOM Group, which is one of the most prominent destinations in the region for industrial and logistics companies.
The opening of the factory was attended by Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology; Saud Abu Al-Shawareb, Executive Vice President of TECOM Group – Industrial Sector; In addition to an elite group of high-level officials and dignitaries, the volume of investment in this factory, which extends over an area of 503 thousand square feet, amounts to 130 million dirhams, and will provide more than 200 new job opportunities.
Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, stressed that the National Strategy for Industry and Advanced Technology mainly supports enhancing the industrial business environment and the investment attractiveness of this vital sector, which has many qualitative capabilities and incentives. The Ministry is working in cooperation with its strategic partners such as Dubai Industrial City to highlight Qualitative investment opportunities for partners and investors from the UAE and around the world.
He added: “We welcome investors in the industrial sector, and provide them with all the capabilities and incentives that help them grow, compete, and prosper, under the umbrella of the (Make in the Emirates) initiative, the (National Content) and (Technological Transformation) programmes, and other initiatives and programmes, and it reflects the desire of industrial investors for expansion. In their work in the country, the status and attractiveness of the UAE to international companies and the business environment provided by the Ministry, in cooperation with its strategic partners, helps manufacturers grow and compete in local, regional and international markets.”
He called on investors and industrial companies to discover more about competitive advantages by following the work of the third session of the “Make in the Emirates Forum,” which is organized by the Ministry in cooperation with the ADNOC Group and the Department of Economic Development in Abu Dhabi on May 27 and 28 at the Abu Dhabi Energy Center, which is held under the slogan “Investment.” Innovation, Growth) during which several new initiatives will be announced and agreements and memorandums of understanding will be signed to enhance capabilities and incentives, support technological transformation and innovation, and the competitiveness of Emirati products, in addition to announcing new procurement and investment opportunities worth several billion dirhams.
On behalf of Dubai Industrial City, Saud Abu Al Shawareb, Executive Vice President of TECOM Group – Industrial Sector, pointed out the pivotal role of the industrial sector in advancing the national economy, providing basic materials and infrastructure, creating new job opportunities, and enabling companies to grow and expand at the global level. He said: “We welcome Neelkanth Cables Company to join our prosperous and growing industrial destination, as the opening of its new factory comes in line with our ambitious vision to provide an integrated industrial work environment that contributes to the production of basic industrial supplies such as cables, to enhance the growth of the national industrial sector and upgrade products made in the country and export them.” To new regional and global markets, in line with the Dubai Economic Agenda D33, the 300 billion project strategy, and the Make in the Emirates initiative.
For his part, Sanjeev Dubey, Chief Operating Officer at Neelkanth Cables, said: “We affirm our commitment to contribute to improving the local community and the integrated economic system in the UAE, as we proudly intend to support the growth and progress of the city of Dubai in the coming years. Dubai Industrial City was our first choice to open our new factory, thanks to its strategic location close to the main transportation network, which contributes to facilitating transportation operations and providing the necessary logistical services. Dubai Industrial City is distinguished by its advanced infrastructure that provides a supportive environment for various industrial activities, while providing distinguished support services, including services for establishing companies and obtaining the necessary licenses and accreditations.”
He added: “We will constantly be keen to allocate sufficient resources for research and development, improve infrastructure, and preserve the health and safety of our human cadres, enabling us to enhance our competitiveness and contribute to advancing the manufacturing sector in Dubai and the UAE.”
The factory will produce conductors and cables for low- and medium-voltage devices, with a production capacity of 20,000 metric tons annually, including 13,000 metric tons of copper and 7,000 metric tons of aluminum electrical cables annually. This factory takes advantage of the latest technological means, such as programmable logic controllers and monitoring, control and data acquisition systems, to improve the effectiveness of production processes and enhance operational efficiency.
Neelkanth Cables Company aspires to provide its services to a wide range of customers within the sectors of transportation and distribution, oil and gas, construction, cement, steel, infrastructure, and the metal industry, in multiple geographical regions including the United Arab Emirates, the Gulf states, South Asia, and Africa, through its new factory located in the city of… Dubai Industrial City.
It is worth noting that the new Neelkanth Cables factory is keen to apply the highest international standards, as it holds ISO 9001, 14001 and 45001 certificates for quality management systems, environment and occupational health and safety, respectively. Through the opening of this factory, the company aspires to achieve its vision of enhancing the quality of technology-based products, improving their performance, reducing their impacts on the environment, and establishing strategic partnerships across value chains with suppliers, distributors and other stakeholders, to enhance the flexibility of its operations and its ability to adapt to changing circumstances.
Neelkanth Cables joins a thriving industrial destination that includes more than 1,000 clients from the most prominent local, regional and international companies, in addition to more than 300 existing factories in Dubai Industrial City, which is the leading destination for manufacturing and logistics companies in the region. Dubai Industrial City will showcase a group of distinguished companies in the sector and existing within its integrated industrial system, on the sidelines of the “Make in the Emirates” Forum activities scheduled to be organized at the Abu Dhabi Energy Center on May 27 and 28, 2024.
Dubai Industrial City, which was established in 2004, is located near Al Maktoum International Airport, Jebel Ali Port, the Etihad Rail freight station, and the main regional road network. It provides its clients with specialized infrastructure, including industrial lands, storage facilities, and logistical spaces that meet the needs of various sectors classified within areas designated for the manufacture of basic metals, machinery, natural minerals, food and beverages, transportation, and chemical industries, which contributes to reducing waste production and providing opportunities for resource exchange.
Dubai Industrial City is one of the specialized business parks of the TECOM Group, which includes Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Design District and Dubai Science Park.