Page 61 - SOBHA REALTY PR REPORT - APRIL 2024

4/4/24, 1:10 PM Dubai: Sobha Group sets up $123mln new facility in DIC
chairs, beds, car and airplane seats, assembled and flat-pack cabinets for the local market
and for export customers.

The new facility will reinforce the local industrial sector through initiatives such as ‘Make it

In the Emirates’.

ADVERTISING

“Sobha Furniture at Dubai Industrial City will contribute to Dubai’s and the UAE’s

manufacturing landscape in the years to come, and we are proud to expand Sobha
Group’s legacy of adding value to change lives for the better,” said PNC Menon, founder

and chairman of Sobha Group.

“With this factory, we aim to not only meet but exceed global standards of high-quality,

luxury furniture manufacturing. This significant investment underscores our commitment

to innovation, quality, and contributing to the growth of the local economy,” said Carlo
Magistretti, CEO of Sobha Furniture.

Its location within Dubai Industrial City will also enable synergies with Sobha Furniture’s

existing facility in KEZAD in Abu Dhabi.

Copyright © 2022 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc.

(Syndigate.info).

https://www.zawya.com/en/business/real-estate/dubai-sobha-group-sets-up-123mln-new-facility-in-dic-rugidikv 2/3