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6/10/24, 2:38 PM Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate | UAE News 24/7
set-up is expected to create over 3,000 jobs in the region,
contributing to local employment opportunities.
Sobha Group Founder and Chairman PNC Menon said, “We are
delighted to announce the inauguration of Sobha Modular
Industries, our latest venture poised to revolutionise the regional
manufacturing sector in UAE. The grand inaugural ceremony of
Sobha Modular Industries was graced by the esteemed presence
of His Highness Sheikh Saud bin Saqr Al Qasimi, the Ruler of Ras
Al Khaimah, which 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, “We are elated to
announce the launch of Sobha Modular Industries, a world-class
facility offering advanced production capabilities to positively
transform the regional manufacturing landscape. We extend our
heartfelt gratitude to His Highness Sheikh Saud bin Saqr Al
Qasimi, the Ruler of Ras Al Khaimah, for sharing his noble vision
for the future and being a part of the inaugural ceremony. The
innovative venture aims to facilitate ubiquitous development of
local industries while augmenting the manufacturing landscape.”
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RAKEZ Group CEO Ramy Jallad said, “We are thrilled to welcome
Sobha Modular Industries to Ras Al Khaimah. 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.”
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
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