Fujairah Building Industries Co (FBIC) yesterday signed a contract with a German company to buy a complete factory to produce cement blocks and interlock pavers at a cost of Dh10 million.
Fujairah Building Industries Co (FBIC) yesterday signed a contract with a German company to buy a complete factory to produce cement blocks and interlock pavers at a cost of Dh10 million.
The contract was signed by Mohammed Obaid bin Majid, chairman of FBIC and director of the Fujairah Department of Industry and Economy, and Wolfgang Gill, managing director of Omag, the German supplier of the factory.
"The factory, being the sixth in our company's chain of cement blocks and interlock pavers factories, will help increase our production and improve our productive efficiency to enhance our contribution in the emirate's economy," bin Majid said. The factory is expected to start production next February.
Hassan Ali Baron, Director General of FBIC, said the company was established in 1987 with a capital of Dh10 million. It began production in 1979.
"The company produces cement blocks and interlock pavers with its own rock crusher which provides the factory with sand and other raw materials," Baron said. The company owns five factories in Fujairah and Dibba which together produce about 10 million cement blocks of varying sizes and another one million cubic metres of interlock pavers per year.
"We installed new equipment at our newest factory, which helped us increase production and improve the quality of the products," he said. The company recently won ISO 9002 certification. The company sells all its production in the UAE.
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