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DI showcases innovations at Big 5 East Africa

DUBAI, November 2, 2016

Dubai Investments, a major diversified investment company, is showcasing innovations from six of its subsidiaries at The Big 5 Construct East Africa 2016 exhibition, currently under way in Nairobi, Kenya.

Dubai Investments subsidiaries – Emirates Glass, Emirates Float Glass, Emirates Building Systems, Emirates Extrusions Factory, Lite-Tech Industries and Labtec - are showcasing their cutting-edge technologies in building materials, construction and related industries.

The exhibition will run till November 4 at the Kenyatta International Conference Centre (KICC) in Nairobi. Over 150 companies from 20-plus countries are participating across 35 product categories.

The exhibition comes in the wake of massive construction in East Africa with Kenya, Mozambique, Ethiopia, Tanzania and Uganda forecasted to continue to grow at more than 6 per cent year-on-year.

Abdulaziz bin Yagub Al Serkal, general manager of Dubai Investments, said: “The African market is a strategic growth market for Dubai Investments, as it offers potential opportunities for investment and trade, particularly in the real estate and construction sectors. Through its subsidiaries, Dubai Investments aims to collaborate on projects in the region and extend its proven expertise and innovation. The Big 5 Construct East Africa exhibition offers the perfect platform for Dubai Investments to build business relationships with relevant industry partners.”

At the exhibition, Emirates Glass is showcasing a wide range of its products; Emirates Float Glass is presenting clear, tinted and reflective glass (bronze, grey, dark grey, green); and Emirates Building Systems is providing an overview of its steel structures for infrastructure projects. Emirates Extrusion has on display its range of aluminium profiles, Lite-Tech Industries is presenting its lighting fixtures and LED (light emitting diode) technologies while Labtec is showcasing its laboratory furniture and projects.

Through its subsidiaries, Dubai Investments have a strong presence in projects across Africa.  Emirates Building Systems has supplied steel, fabrication structures for various projects, which include the Reggane Nord Development (contract worth $6 million), Algeria Timimoun Field Development ($2.86 million), and a power plant ($5.47 million), all in Algeria; Abenco Trading in Ethiopia ($25,000); and The Power House Building, Kenya ($765,000); as well as projects in Mogadishu, Senegal, Somalia among others.

Labtec has also supplied to a number of projects in Africa, including projects in Arba Minch, Ethiopia, worth $91,459 – completed in 2016, Ostuka Pharmaceutical in Egypt ($138,000- completed in 2016), EVA Pharmaceuticals in Egypt ($255,000 – completed in 2016); and is in advanced negotiations for hospital and university projects in Eritrea and Ethiopia.

East Africa continues to be the preferred hub of infrastructure development, with a number of projects currently under way. This includes the Grand Ethiopian Renaissance Dam in Ethiopia ($5 billion), 3,000-km Mombassa-Kigali Rail project ($3.8 billion), $14.5-billion Konza Techno City in Kenya, $125-million Bridge Jinja in Uganda, and the $654-million Jomo Kenyatta Airport upgrade in Kenya, apart from a wide array of oil pipeline, road network and infrastructure projects. – TradeArabia News Service




Tags: Dubai Investments | East Africa | Big 5 construct |

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