In a momentous stride towards industrial innovation, four distinguished companies—CIM Steel Industry LLC, Rhino Steel, Metal Care Center Factory LLC, and Aziz Steel — have united under the auspices of the Umm Al Quwain Industrial City Authority (UICA). The groundbreaking ceremony was honored by the esteemed presence of the Chief Guest, H.E. Sheikh Abdullah Bin Saud Bin Rashid Al Mualla. This consortium of industrial leaders has embarked on a pioneering journey to establish four distinct steel manufacturing and processing units. While retaining their individual autonomy, these units are poised to create a harmonious business environment that not only fortifies their individual growth but also contributes to the broader manufacturing sector in Umm Al Quwain, aligning perfectly with the UAE's "Make it in the Emirate" initiative.
Under the preliminary agreement, these four industry stalwarts are set to transform 1.4 million square feet of land into a specialized metal zone, exemplifying collaborative synergy. While each company functions independently, they are interlinked in a manner that fosters mutual support, thus magnifying their collective impact. Their shared objective shall not only bolster Umm Al Quwain's manufacturing prowess the UAE's economic stature but also elevate UAE’s status as one of the pioneers in whole of Middle east to produce high quality Aluzinc coils.
Commitment to Sustainability At the heart of this visionary endeavor lies a steadfast commitment to sustainable practices. The special metal zone is dedicated to employing innovative methods rooted in Recycle and Reuse technologies, thereby setting new benchmarks for eco-conscious industrial operations. This commitment to environmental responsibility underscores the consortium's dedication to the local ecosystem and the global environment.
Strategic Location The strategic choice to establish these units within the Umm Al Quwain Industrial City is underpinned by the city's modern infrastructure and a well-connected transportation network. The proximity to the Umm Al Quwain deep-water port further cements its status as an optimal base for expanding operations both within the UAE and internationally.
Unique Investments Each of the companies brings its unique expertise and investments to this collaboration.
• CIM Steel Industry is committed to investing Dh250 million to establish a cutting-edge cold rolling mill complex with an installed capacity of 500,000 MT per annum.
• Rhino Steel is investing Dh110 million to set up Middle East’s first ever fully automatic continuous coating line capable of producing 250,000 MT per annum of Aluzinc coils.
• Metal Care Center Factory LLC is injecting Dh81 million into the establishment of a steel melt shop and a downstream long product rolling mill, offering an installed capacity of 200,000 MT per annum.
• Aziz Steel, with an investment of Dh60 million, is initiating steel forming lines with a capacity of 120,000 MT per annum, producing roll-formed products like pipes, tubes, and Aluminium products such has Dry wall partition system, ceiling system under patented Registered in UK and GCC with brand name “Vision.”
Collectively, these four visionary companies are channeling nearly Dh501 million into capital expenditure. Once fully operational, their projected annual revenues of over two billion dirhams will underscore their dedication and the magnitude of their economic impact.
Community Advantages The implications of this collaboration extend beyond economic gains. The establishment of the special metal zone will usher in numerous advantages for the local community, including the generation of both direct and indirect employment opportunities. Moreover, the growth of ancillary small and medium-scale industries, trade establishments, and local entrepreneurship will receive a significant boost. The positive economic effects will be felt at both the individual and national levels, as these companies contribute to various revenue streams, including visa documentation, insurance, VAT, port handling charges, road tax, income from truck and trailer registrations, and corporate tax.
Corporate Environmental Responsibility (CER) Committed to the principles of Corporate Environmental Responsibility (CER), this project goes beyond its immediate scope to contribute to broader social progress. Peripheral development activities geared towards socioeconomic progress will amplify the project's lasting impact.
Collective Ambition The driving forces behind this monumental endeavor are CIM Steel Industry LLC, Rhino Steel, Metal Care Center Factory LLC, and Aziz Steel LLC. These companies, with their distinct backgrounds and areas of expertise, are united in their aspiration to fortify local manufacturing, regularize trade Imbalance, reduce dependency on imports, and wholeheartedly engage with the UAE government's vision of "Make it in The Emirate."
As the project gathers momentum, Umm Al Quwain stands on the precipice of a new era characterized by innovation, collaboration, and sustainable growth. The partnership between these companies and the Umm Al Quwain Industrial City Authority exemplifies the potency of collective ambition, setting the stage for a flourishing future in the heart of the UAE's industrial landscape.