Danube to invest in Ajman plant

Danube Building Materials is to invest US $13.6 million (AED 50 million) into a new building materials facility in Ajman.

Danube Building Materials is to invest US $13.6 million (AED 50 million) into a new building materials facility in Ajman.

The facility is expected to supply construction materials to high-profile developments in the emirate, including Emirates Commercial City, Ajman Eye City, Al Helio Downtown, Al Zorah Beach project, Marmouka City, Wafi City and Ajman International Airport, along with other UAE projects.

Danube's arm Danube Contracting Company won the contract for the project, worth between $4 million and $5.4 million. M Sirajuddin has been appointed project manager. Details of the architect and MEP have not been finalised.

The new plant will span 1,114m2 in Ajman's Al Jarf area and will be completed within six months.

As the demand for grade 'A' building materials continues to drive up regional construction costs - about 30% in the past year alone - Danube wants to establish a new hub to add to its factories in China, Bahrain and the UAE.

Plywood, timber, laminates, veneers, sanitary fittings, hardware, ironmongery, aluminium and glass will be manufactured in bulk.

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