MIG Holding and NIP Inaugurate the Largest Precast Concrete Factory in the Middle East
MIG Holding, in partnership with National Industries Park (NIP), a DP World company, has officially inaugurated Safetech, the largest precast concrete factory in the Middle East.
Spanning 2.2 million square feet, the cutting-edge facility is set to transform the UAE’s construction landscape with its advanced manufacturing capabilities.
With a 750,000-square-foot production area and an 800,000-square-foot storage yard, Safetech boasts an impressive annual production capacity of over 700,000 cubic metres. The facility aims to enhance efficiency and quality in the construction sector, aligning with the UAE’s rapid infrastructure growth.
The inauguration ceremony was attended by Abdulla Bin Damithan, CEO and Managing Director of DP World GCC, and Abdul Halim Muwahid, Chairman of MIG Holding and Safetech. Muwahid highlighted the factory’s role in revolutionizing construction with next-generation precast technologies, stating,
“This milestone aligns with our vision to expand in the construction sector and offer innovative solutions that drive both efficiency and quality.”
Bin Damithan emphasized the industry’s growth potential, noting that the construction sector contributes nearly 12% to the UAE’s economy and is projected to grow at a CAGR of 4.26% until 2030.
“Safetech’s advanced technology will enhance construction quality and strengthen the local and regional supply chain of precast concrete solutions,”
he said.
The launch of Safetech aligns with national initiatives such as ‘Operation 300Bn’, reinforcing the UAE’s commitment to industrial growth and innovation in construction manufacturing.
News Source: Emirates News Agency