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Officials at the signing ceremony held in Dubai.

Al Fares to set up HQ in Dubai Industrial Park

DUBAI, March 27, 2018

Al Fares International Group (Al Fares), a leading UAE-based supplier of tents and mobile structures, has announced plans to build its headquarters at Dubai Industrial Park (DI), the industrial district within Dubai Wholesale City.

In addition to the headquarters at DI, Al Fares is also setting up a central warehouse and four manufacturing facilities at an initial investment of Dh60 million ($16.3 million).

Reinforcing the partnership, Dubai Wholesale City CEO Abdulla Belhoul, signed an agreement with Al Fares International Group Founder and CEO Fares Hussein Albaddad in the presence of Saud Abu Al-Shawareb, the chief operating officer of Dubai Industrial Park, Hussein Fares Albaddad, the managing director, and Hasan Fares Albaddad, the general manager of Al Fares International Group.

Earmarked for completion in mid-2020 and spanning an area of over 1 million sq ft, the new premises will accommodate a workforce of more than 500 employees.

As per Al Fares’s master plan, the Phase I will comprise the headquarters spreading over 13,000 sq ft area, while the central warehouse will cover 38,000 sq ft. In addition, the company will operate four manufacturing facilities, each spanning 75,000 sq ft, equipped with advanced machinery, said the statement.

As part of its planned expansion, the development of Phase Two will be carried out across an additional 300,000 sq ft of industrial land in 2019.

Welcoming Al Fares to the DI community, Belhoul said: "We are confident that our enabling ecosystem will contribute to the company’s continued success story. All products manufactured by Al Fares will bear the ‘Made in UAE’ mark and contribute to enhancing awareness and confidence in the UAE’s industrial capabilities."

“Dubai Industrial Park and Dubai Wholesale City are committed to providing their business partners with best-in-class infrastructure and allied services to support advanced manufacturing facilities that integrate cutting-edge technology across operations," he stated.

For his part, Albaddad said: "We chose to locate our headquarters at Dubai Industrial Park due to DI’s responsiveness to our dynamic requirements to scale up operations to better meet the needs of our valued customers."

Al Fares International Group, he stated, has supplied custom-made tents and marquees for prestigious events in the UAE, including the Al Dhafra Festival in Madinat Zayed, Abu Dhabi Science Festival, Ironman 70.3 Dubai, and Innovator in Abu Dhabi.

"We are pleased to join the DI community and benefit from the hub’s advanced infrastructure and ‘can-do’ approach that helps its stakeholders achieve unprecedented growth," he added.-TradeArabia News Service




Tags: industrial park | Tents | Al Fares |

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