29.7 C
Dubai
Thursday, May 2, 2024
spot_img

Emtelle signs Kezad to develop $50M manufacturing unit

[ad_1]

Emtelle, a leading global manufacturer of passive optical network solutions, and the Abu Dhabi Khalifa Economic Zone – Kezad Group announced today that they have signed an agreement to build one of the largest fiber optic duct and prefabricated fiber optic manufacturing facilities in the world. connectivity solutions.

Emtelle will invest approximately $50 million in three phases of manufacturing.

The building will be located on a 48,000sqm site and will be leased under a custom build agreement with Kezad. The facility will provide Emtelle with the opportunity to expand its manufacturing capabilities for fiber optic network microducts, bundled ducts and pre-connection solutions in the region and globally, a statement said. Built-in turbocharged network.

The agreement is the latest move by Emtelle to expand in the Middle East following the acquisition and rebranding of AfriPipes Middle East in 2021. Emtelle is also making a major expansion into the North American market by opening a manufacturing facility in North Carolina.

ABU DHABI – Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zone, Kezad Group, said: “The UAE has always been at the forefront of technological advancement in the region. The ability to connect. Today, we are proud to start an era where digital connectivity in the Middle East and Asia Pacific will be forged by Kezad.”

Tony Rodgers, CEO of Emtelle Group, said: “This signing marks a transformative day for Emtelle in the Middle East, Asia Pacific and globally. The opening and opening of our new Kezad manufacturing facility in Abu Dhabi is perfectly in line with our Strategic direction, let us really focus on providing the best products.It significantly shortens the supply chain and guarantees the security of supply for existing and new customers.

“Additionally, the expansion enables countries in the Middle East and Asia to rapidly and significantly enhance their networks while meeting unprecedented growth in demand for pre-connected, blown fiber and duct solutions.

“As Emtelle has become a market leader, we understand that it is critical to adapt our strategy to ensure we meet the growing needs and expectations of our customers. We thank Kezad and Kezad’s team for assisting Emtelle in a very efficient and professional manner this agreement.”

Sanjay Nischal, Managing Director (Middle East and Asia Pacific), Emtelle Group, said: “This signing reaffirms Emtelle’s commitment to the region, especially the UAE. % of manufactured goods are exported globally. Emtelle can now help its customers increase the speed and reliability of fiber network deployments, especially in fiber-to-the-home deployments.”

The Emtelle facility is the second customization agreement signed by Kezad. In November 2022, the largest noon.com e-commerce operation center in the UAE broke ground. – TradeArabia News Service

[ad_2]

Source link

Related Articles

Spotify CEO Acknowledges Disruption Amid Layoffs, Vows to Strengthen Operations

Spotify CEO Acknowledges Job Cuts Disrupted 'Day-to-Day Operations In a recent development, music streaming giant Spotify announced layoffs, marking a significant shift in its organizational...

PMO in a Box TM – Navigating Modern Business Challenges with Jennifer McShane Bary

PMO in a Box TM – Navigating Modern Business Challenges with Jennifer McShane Bary In the cutthroat business world, especially when managing big projects, companies...

Abu Dhabi Islamic Bank Maintains Strong Financial Performance in Q1 2024

Abu Dhabi Islamic Bank Continues Strong Performance in Q1 2024 In the fast-paced realm of global finance, few institutions stand out as consistently as Abu...

Saleem Ilahi: The Visionary Entrepreneur Behind Alshah Enterprises and Baavan

Saleem Ilahi is a name synonymous with entrepreneurial success and innovation in the Indian food industry. As the founder of Alshah Enterprises, a leading...

“Kaajal Kumar – Founder of Wild Goose Events Planning – A Dancer’s Journey into Event Management

How did you start your events business?I began my career as a professional dancer, honing my craft and collaborating with esteemed artists across...

Latest Articles