Albaddad Capital signs expansion agreement with National Industries Park
Albaddad Capital, the leading economic group specialized in providing modern external solutions, temporary buildings and relief units, has announced a large expansion in its factories, which located in the national industries Park, and extends to 500.000 square feet.Dr. Fateen Al Baddad. Chairman, Albaddad Capital has signed the agreement with National Industries Park, in Late Haj Hussein Albaddad Hall located in Albaddad Capital headquarter within National Industries Park, in presence of Zayed Albaddad, Albaddad group CEO.Albaddad group aims through the expansion to increase the volume of the work and raise the storage efficiency which equal 300% growth rate during the next five years, to meet the Emirati market needs and customers' requirements in GCC, Africa and Middle East markets, in addition to the market reach in USA and Europe.
The new expansion includes establishing major center to manage, rent, store and maintenance of the group's products from portable halls, prefabricated buildings and tents used for all rent purposes, it will be with storage capacity of 2 millions square meter.Sultan Ahmed bin Sulayem, group Chairman and Chief Executive Officer, DP World and Chairman of Ports, Customs and Free Zone Corporation congratulated Al Baddad Capital on their new facility at the National Industries Park and commended them on their local and international achievements.