Lite-tech inaugurates LED fixings factory in Dubai
The Ras Al Khor Industrial Area factory will produce nearly 400,000 LED fixtures in its first year
Lite-Tech Industries, a subsidiary of Masharie – the private equity arm of Dubai Investments and a joint venture with Philips Lighting, has inaugurated its LED fixtures factory in Dubai.
The opening of the Ras Al Khor Industrial Area facility was attended by chairman of the board of directors of Lite-Tech Industries, Abdulaziz Bin Yagub Al Serkal and board members of Masharie and Philips.
Lite-Tech Industries, which has 23 years’ expertise in the sector, also announced that the AED3m ($818.816) factory will produce nearly 400,000 LED fixtures in the first year.
The company plans to scale up its capacity to nearly to 600,000 LED fixtures by 2019.
Lite-Tech will manufacture customised LED chips and components and assemble them in various printed circuit boards and fixtures for both indoor and outdoor applications across the entire span of verticals in the UAE.
Khalid Nashashibi, general manager of Lite-Tech Industries, said: “The new LED manufacturing unit is a significant step forward for Lite-Tech Industries in the LED lighting segment, which prioritizes energy-efficiency, sustainability and operational cost reduction for clients. The facility is equipped to manufacture the complete range of LED Luminaries using best international LED chips and components to meet different wattage, price range and customizations for both indoor and outdoor lighting requirements. The new facility reinforces Lite-Tech’s commitment to energy-efficient products in line with UAE government’s sustainability initiatives.”