Page 70 - UNION PROPERTIES PR REPORT- December 2024
P. 70

12/26/24, 9:14 AM                      Union Properties breaks ground on its AED 2 bn Dubai-based development

                      platforms for offshore wind energy projects.  The facility runs entirely

                      on clean energy from the Sheikh Mohammed bin Rashid Al Maktoum
                      Solar Park.


                      Further expansion incoming? Drydocks plans to add a 5k -tone

                      floating sheerleg crane,  set to be operational by 2026,     which will boost

                      the yard’s capabilities.


                        CUS TOMS-


                      Customs clearance is about to get faster: Dubai Customs

                      implemented a new customs inspection system that aims to cut
                      clearance procedures time by 50% ,  according to the Dubai Media

                      Office.  The new system was launched in partnership with Aramex,
                      and it allows businesses to opt for either full-site or on-demand

                      inspections.


                      The details: The full-site inspection option allows companies to

                      process high-volume orders by permanently placing customs officers
                      at the company’s premises,  while the on-demand inspection allows the
                      deployment of customs officers only when needed.



                        MANUFACTUR ING-


                      Sealmatic India partnered with High Technology to form SealTech

                      Seals Repair and Maintenance,  a 50: 50  joint venture aimed at
                      delivering mechanical seal services,  according to a press release (pdf ).

                      The service center,  set to be located in Abu Dhabi’s Musaffah Industrial
                      Area,  will feature advanced machinery to support clients like ADNOC,

                      OEMs,  KSB,  and Sulzer,  among others.  Two seasoned experts from
                      Sealmatic will relocate to Abu Dhabi to spearhead operations.



                        TRANSPORT-


                      Pact Carbon partnered with the Energy and Infrastructure

                      Ministry to roll out a pilot project to expand the use of e-bikes,
                      according to a Ministry statement.  The agreement also involves a

                      feasibility study to explore scaling up the initiative in line with UAE’s

      https://enterprise.news/uae/en/news/story/10fbd094-b63b-4902-9449-b681024d409d/union-properties-breaks-ground-on-its-aed-2-bn-dubai-based-de…  4/6
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