Al Fares to develop warehouse and factories in Dubai Industrial Park
Al Fares International Group (Al Fares), a UAE-based supplier of tents and mobile structures will invest AED60-million in the development of a central warehouse and four manufacturing facilities at Dubai Industrial Park within Dubai Wholesale City.
The agreement was signed between Abdulla Belhoul, CEO of Dubai Wholesale City and Fares Hussein Albaddad, founder and CEO of Al Fares International Group.
“We chose to locate our headquarters at Dubai Industrial Park due to DI’s responsiveness to our dynamic requirements to scale up operations to better meet the needs of our valued customers,” said Albaddad. “We are pleased to join the DI community and benefit from the hub’s advanced infrastructure and ‘can-do’ approach that helps its stakeholders achieve unprecedented growth.”
Earmarked for completion in mid-2020 and spanning an area of over one million square feet, the new premises will accommodate a workforce of more than 500 employees.
As per Al Fares’s phased master plan, phase one includes the headquarters spreading over 13,000 square feet, while the central warehouse will cover 38,000 square feet.
In addition, the company will operate four manufacturing facilities, each spanning 75,000 square feet, equipped with advanced machinery.
“We welcome Al Fares International Group to the Dubai Industrial Park community. We are confident that our enabling ecosystem will contribute to the company’s continued success story,” said Belhoul. “All products manufactured by Al Fares will bear the ‘Made in UAE’ mark and contribute to enhancing awareness and confidence in the UAE’s industrial capabilities.”
He added: “Dubai Industrial Park and Dubai Wholesale City are committed to providing their business partners with best-in-class infrastructure and allied services to support advanced manufacturing facilities that integrate cutting-edge technology across operations.”
As part of its planned expansion, the development of phase two will be carried out across an additional 300,000 square feet of industrial land in 2019.
Al Fares International Group has supplied custom-made tents and marquees for prestigious events in the UAE, including the Al Dhafra Festival in Madinat Zayed, Abu Dhabi Science Festival, Ironman 70.3 Dubai, and INNOVATOR in Abu Dhabi.