Page 100 - SOBHA REALTY PR REPORT - JUNE 2024

6/10/24, 2:38 PM Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate | iHeartEmirates

With Ras Al Khaimah’s favorable manufacturing ecosystem, characterised by its strategic

proximity to essential raw materials and an attractive cost-value investment ratio, Sobha Group

is well-positioned to operate its new business with efficiency and success.

Sobha Realty Managing Director Francis Alfred said, “With heartfelt gratitude to His Highness

Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, for his support, we proudly

inaugurate Sobha Modular Industries, a significant step towards innovation and excellence in

construction. With state-of-the-art facilities and a commitment to sustainability, Sobha Modular

aims to revolutionise the construction sector. Our partnership with RAKEZ has been vital, and
we appreciate their unwavering support. This step further reinforces our market presence and

reaffirms our commitment to the highest quality and customer satisfaction. We aim to set new

benchmarks for excellence in the manufacturing industry. ”

Sobha Modular Industries has exciting expansion plans in Ras Al Khaimah not just to boost

production capacities, but also support Sobha Group’s strategy for backward integration.

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