With an investment of AED 30 million, GEMINI has secured an 11,668-sq m plot of land in the industrial zone’s KP-5 area, where this newly established subsidiary will set up its new facility. Constructions are expected to be finalized by the end of Q1 2015, with plans to start operations by May 2015.
This facility will be GEMINI’s next big venture in addition to its 18 branches and four logistics points which are spread over the UAE and Oman. The manufacturing facility will focus on producing high quality and competitively priced building products namely aluminum ceilings, T–Grid ceiling suspension systems and metal profiles that cater to the ‘interior finishing’ market. The need for consistent quality, smooth supply chains and better pricing in the market led GEMINI to take on this new venture.
Commenting on the ground breaking, Capt. Mohamed Juma Al Shamisi, CEO, Abu Dhabi Ports, said:
“We are very pleased to see the beginning of constructions of GEMINI’s new facility in Khalifa Industrial Zone. Our adjacent flagship deep-water Khalifa Port will prove vital for the facility’s import and export activities and significantly expand GEMINI’s regional and global market reach.
“Khalifa Port and its industrial zone provide an unprecedented intermodal transportation network, which addresses our customers’ needs for optimum supply chain connections and efficiency.”
KP Ganesh Babu, Managing Director, Gemini Building Materials, added:
“We have been part of the Middle East construction industry since 1995. The move to Khalifa Industrial Zone will strengthen our business offerings while boosting our services and competitiveness, especially with regards to regional and international markets. The facility in Khalifa Industrial Zone is expected to show an annual increase between 12-15% and offers an opportunity to widen our product range.
“We strive to excel in the construction sector through world-class products and services, as well as strong and long-term relationships with our valuable customers. As we grow in our role as industry leaders, we aim to create value to our customers and bring innovation into the market while expanding our horizon and the Khalifa Industrial Zone will provide us with an excellent business platform to achieve this goal.”