KEF Holdings to open $100m UAE plant this year
Singapore-registered KEF Holdings will open its $100m Jebel Ali manufacturing facility later this year
KEF Holdings has revealed that its planned UAE manufacturing plant will open this year.
The facility, details of which were first revealed in June 2015, will be located in Dubai’s Jebel Ali area. The plant will be used to strengthen the company’s offsite manufacturing operations in the GCC region.
Faizal E Kottikollon, founder and chairman of Singapore-registered firm, told Construction Week that the facility represents an investment of $100m (AD367m) for KEF Holdings.
“Offsite manufacturing is still relatively new in the [GCC] region, but we believe it has huge potential,” he commented. “A major milestone will be the opening of our first facility later this year in Jebel Ali, Dubai, into which we have invested $100m (AD367m),” Kottikollon continued. “Through this facility, KEF Holdings will provide world-class expertise in design, engineering, manufacturing, assembly, and project management for the GCC region.”
In early-2015, KEF Holdings entered into a strategic partnership with Total Alliance Health Partners International (TAHPI), an Australia-based design outfit. Together, the companies established the KEF-TAHPI studio in Dubai Healthcare City, which specialises in both hard and soft modular construction technologies.
The establishment of KEF Holdings’ Jebel Ali facility forms part of the firm’s overarching strategy to increase its footprint within the GCC’s precast segment, according to Kottikollon.
“The concrete sector is extremely strong at present, and is continuing to show growth,” he noted.
“There are a number of private and public sector projects at various stages of development all over [the Middle East], which require economically and environmentally sustainable construction solutions. Specifically, we see an increased preference for precast concrete systems due to advantages related to durability, cost, quality, and speed.
“In the UAE and wider GCC, we are currently in advanced talks to design and develop several high-end residential projects using offsite construction technology,” added Kottikollon.