Page 101 - SOBHA REALTY PR REPORT - JUNE 2024

6/10/24, 2:39 PM Sobha Modular Industries’ new manufacturing facility opened
Sobha Modular

Industries’ new
manufacturing facility
opened

RAS AL KHAIMAH, 4 hours, 33
minutes ago
Sobha Modular Industries’ new
manufacturing facility that
manufactures aluminium facades
and bathroom pods using cutting-
edge AI-based CNC machines
and robotics has been opened in
Al Hamra, Ras Al Khaimah.

The new manufacturing unit
housed in a 250,000 sq m facility, His Highness Sheikh Saud bin Saqr Al Qasimi at the inauguration
which boasts a production
capacity of 50 pods per day, with plans to double this output by year-end, was inaugurated recently
by His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras
Al Khaimah.

A subsidiary of Sobha Group, Sobha Modular Industries also produces 1,800 sq m of aluminium
products daily, with major upgrades on the horizon. Moreover, this set-up is expected to create over
3,000 jobs in the region, contributing to local employment opportunities.

Vital role
Sobha Group Founder and Chairman PNC Menon said: “The inauguration of the facility by Sheikh
Saud reflects the project’s vital role in bolstering the region’s economic and industrial capabilities.
Moreover, it serves as a stellar exemplification of Sobha Group’s unwavering commitment to
innovation, quality and sustainability.”

Sobha Group Co-Chairman Ravi Menon said: “The unit’s advanced production capabilities will
positively transform the regional manufacturing landscape. The innovative venture aims to facilitate
ubiquitous development of local industries while augmenting the manufacturing landscape.”

Rakez Group CEO Ramy Jallad said: “This new facility is not just an expansion of our industrial
capacity; it embodies our strategic vision to attract and nurture top-tier global enterprises within our
emirate, where manufacturing makes up one-third of the overall GDP. The company’s state-of-the-
art manufacturing capabilities and commitment to sustainability exemplify the innovation we aim to
foster. Furthermore, it underscores Ras Al Khaimah’s role as a prime destination for innovative and
sustainable industrial development. We are committed to supporting their growth and are confident
that their success will inspire further industrial innovation in the region.”

Favourable manufacturing ecosystem
With Ras Al Khaimah’s favourable 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: “Tis is a significant step towards innovation and
excellence in construction. With state-of-the-art facilities and a commitment to sustainability, Sobha

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