Mustafa Furnishing Industries, a leading manufacturer of carpet and wooden furniture, is set to open a gypsum board factory in the Sharjah Airport Free Zone (SAIF Zone).

The company plans to set up a manufacturing unit for the production of gypsum panels which are extensively used in the construction industry, said a statement.

The Dh22 million ($5.9 million) project will be spread over an area of 290,625-sq-ft, while the factory itself will be constructed in an area of 107,639-sq-ft, it said.

The firm, which was launched in 2004, specialises in manufacturing wooden furniture, manufacturing and import and export of carpets, furniture trading and trade set up.

Saud Al Mazrouei, director of SAIF Zone Authority, said: “Since its inception, the Mustafa Group has grown consistently. We always provide ideal environment for our investors by developing and upgrading the levels of services offered to them for the smooth conduct of their operations.”

Waseem Ahsan Chaudhary, managing director and owner of the group, said: “The construction of the new factory will begin within two months and the production will commence by the end of 2015.

“There is a huge scope for gypsum boards in the region. In the past, the gypsum product was mainly imported from KSA, Malaysia, and Indonesia. In the future, we hope that we can meet the market demand.”

Gypsum board offers an alternative to wood for applications like ceiling, insulation and partition, he said.

“It is known as the green material of construction. The production of gypsum boards will help in  replacing of wood and thus, the project would have a positive impact on the environment. The use of gypsum board facilitates faster installation and reduces the cost of construction. It is recyclable and environment friendly. The product is better than other construction materials as it reduces the weight of the building and consumes less space” Chaudhary added. - TradeArabia News Service