Business | General
EFG nears completion
Dubai Investments on Sunday said, its greenfield venture, Emirates Float Glass (EFG) is shaping up well in its bid to become the UAE's leading integrated glass manufacturing and processing facility and will commence operations by mid-2008.
- Staff Report
- Published: 00:27 May 5, 2008
Dubai: Dubai Investments on Sunday said, its greenfield venture, Emirates Float Glass (EFG) is shaping up well in its bid to become the UAE's leading integrated glass manufacturing and processing facility and will commence operations by mid-2008.
Set up with an investment of over $200 million (Dh730 million), the facility is located in Abu Dhabi.
The construction of the world class manufacturing facility is progressing on schedule and the past few months have witnessed a huge momentum in activities with respect to civil, structural and machinery works.
Major equipment and utility modules have arrived on site and installation is in progress for all process equipment.
The synergy of integration and coordination with various agencies involved in this prestigious project has been exceptionally intensive and successful so far. The plant is expected to be in operation in the second half of 2008 delivering 600 tonnes of high quality float glass products per day.
Share this article
Popular in Business
-
Budget travel
Airlines in the region
Take a pictorial look at some of the budget airlines in GCC
Business Editor's choice
-
It costs a million to raise a child
Generation Z doesn't leave home at 18, but stay with the parents until mid-20s
-
Investing in funds doesn't come cheap
Many people are unaware of the effect of different expenses on their returns
-
Firm turns televised events into marketing dream
Drops anchor in Dubai to sell world's richest yachting races
