Swedish company will utilise NIP’s competencies to expand business opportunities in the region
Assa Abloy Group, the leading Swedish intentional company in access solutions recently held the groundbreaking ceremony for its first facility in National Industries Park (NIP). Through the new facility, ASSA ABLOY will leverage NIP’s state-of-the-art infrastructure and flexibility in the logistics chain owing to the readily available transportation and freight services.
Spread over an area of 24,000sqm, which is approximately 10 times the size of the Swedish pavilion in Expo 2020 Dubai, the facility will be the headquarters for the Middle East, India, and Africa (MEIA) region. It will also house a 6,000sqm manufacturing area, a 2,000sqm warehouse and an 800sqm showroom that will display the company’s comprehensive range of products.
The groundbreaking ceremony for the facility was held in the presence of Ahmad Al Haddad, COO, Parks and Zones, DP World UAE who was present to support the company that also has a facility in Jafza; Mauro Felice, Market Region Manager, Assa Abloy Opening Solutions MEIA, Assa Abloy, and other top management officials.
“Such facilities will complement the country’s plans of increasing the industrial sector’s contribution to the national GDP from the current AED 133bn to AED 300bn by 2031,” observed Abdulla Al Jasmi, Head of NIP. “Over the years, we have worked closely with them to enhance their facilities in the free zone with our secure access systems. Our aim now is to become a preferred choice for all the other facilities in Jafza and NIP,” commented Felice.
Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!
