Ducab Aluminium Sets up AED 220 Million Manufacturing Facility in Khalifa Industrial Zone

Press Release

28 May 2014 Ducab Aluminium sets up AED 220 million manufacturing facility in Khalifa Industrial Zone

Ducab Aluminium and Kizad sign 30 year Musataha agreement

Abu Dhabi, UAE: Khalifa Industrial Zone Abu Dhabi (Kizad) and Ducab, a leading provider of cable and wire solutions in the UAE and wider GCC region, recently signed a Musataha agreement which secured Ducab Aluminium a 546,070 square foot plot of land in Kizad’s aluminium cluster.

The plot of land will be used to set up a manufacturing plant with an investment of AED 220 million for buildings, machinery and infrastructure. The plant will be Ducab’s sixth in the UAE, alongside its three facilities in Musaffah and two in Dubai. Ducab also owns AEI Cables in the UK which was purchased earlier this year.

Ducab’s facility in Kizad plans to be operational by 2015. This was announced at the signing ceremony, attended by Engineer Khaled Salmeen, CEO, Kizad, and Engineer Jamal Salem Al Dhaheri, Ducab’s Chairman.

It will focus on the production of aluminium rods and conductors for overhead transmission lines, and will supply mainly the cable manufacturing industry and utility sectors.

“With Ducab, we have won yet another strong business partner in Kizad, which currently counts 54 national and international high profile investors”, said Engineer Salmeen at the signing ceremony.

“Ducab’s manufacturing facility will integrate perfectly into our aluminium cluster and function as a downstream producer next to Emirates Aluminium (EMAL), one of the world’s largest single-site aluminium smelters and Kizad’s anchor tenant in the cluster”, Salmeen added. Ducab will be using Kizad’s “Hot Metal Road” designed to transport hot molten aluminium from EMAL to its nearby mid and downstream producers for further and immediate manufacturing purposes. The “Hot Metal Road” is a prime example of Kizad’s innovative infrastructure and economies of proximity, offering time and cost effective production lines.

“Kizad has emerged as an exponentially growing industrial zone recently. Being in Kizad offers Ducab a unique opportunity to communicate with other industries, identify future growing opportunities and enhance its efficiency in terms of logistics and manufacturing. Additionally, proximity to EMAL for molten metal supplies is one of the most critical reasons, as is proximity to Khalifa Port for an unparalleled logistics infrastructure”, explained Engineer Al Dhaheri.

“We are currently exporting copper rods, cables and wires to clients in the GCC and MENA region, as well as to clients on the Indian Subcontinent, in Africa and Europe. Being located in Kizad will further enhance our logistics infrastructure and market access”, Engineer Al Dhaheri added.

Founded in 1979, Ducab is owned, in equal shares, by the Investment Corporation of Dubai (ICD) and Senaat (General Holding Company, private investment of the government of Abu Dhabi). It supplies a wide range of power cables and accessories to customers in over 40 countries across the globe.

Ducab has provided cable and wire solutions to numerous landmark projects in the UAE and worldwide, including Burj Khalifa, Burj Al Arab, Emirates Palace, the Al Maktoum International Airport, and the Central Bank of Oman.

Alongside its branches and well established sales and distribution network in the UAE, Ducab has branches in Qatar, Bahrain, Oman, Saudi Arabia, Australia, Nigeria and the United Kingdom.

-ENDS- Notes to Editors:

About Abu Dhabi Ports Company

Abu Dhabi Ports Company (ADPC) is a master developer and regulator of ports and industrial zones.

ADPC’s core objective is to facilitate the diversification of Abu Dhabi’s economy by acting as an enabler for development and trade. It will achieve this by managing commercial ports throughout the Emirate, supporting partners with their infrastructure projects and setting up new companies and joint ventures with partners who service and operate in the ports and industrial zones sector.

ADPC was created in 2006 as part of the restructuring of the commercial ports sector in the Emirate of Abu Dhabi and given control and regulatory enforcement power over all commercial ports assets previously owned by the Abu Dhabi Seaports Authority. ADPC strives to be at the forefront of progress in industrial logistics and infrastructure and is currently focused on creating one of the world’s largest concentrations of industry at Kizad. www.adpc.ae

About Kizad

Kizad is a 418 square kilometre industrial zone strategically located between Abu Dhabi and Dubai. With one of the world’s most advanced deepwater seaports and world-class infrastructure, Kizad will benefit from excellent multimodal connectivity via sea, air, road and rail networks to ensure easy accessibility to and from the Industrial Zone. Phase One, which is 51 square kilometres with an investment of AED 26.5 billion or $7.2 billion, opened in 2012. Kizad is a cornerstone of the Abu Dhabi Economic Vision 2030 which also highlights the drive to diversification of the economy in pursuit of sustainable growth less dependent on the oil and gas industries. By 2030, Kizad will be expected to contribute up to 15% of Abu Dhabi’s non-oil GDP. www.kizad.com

Twitter: @KizadUAE

For further information contact: Mazen Thabet Communication Manager Tel: +971 5595 64133 E-mail: [email protected] About Ducab Ducab is a leading provider of cables and wires solutions being the first choice for many prestigious clients and contractors due to its record of quality and customer service. Ducab has supplied electrical cables to a number of landmark projects, including the Burj Khalifa, Dubai Metro, Emirates Palace, Burj Al Arab, Atlantis the Palm and Yas Marina Circuit. With record sales of AED 5.1 billion for 2013, Ducab is a regional leader in the design, development, manufacture and marketing of copper and aluminum cable products for the defence, energy, industrial, construction, rail, specialty and nuclear energy sectors.

Jointly owned by the Investment Corporation of Dubai and Senaat (General Holding Corporation, Abu Dhabi), Ducab operates five manufacturing facilities in the UAE, that include Ducab Jebel Ali, Ducab Mussafah 1 Factory, Ducab Mussafah 2 Factory, Copper Rod Factory, Ducab High Voltage (HV) Cable Systems Factory while it acquired its first overseas plant, AEI Cables, UK earlier in 2014. With five cable manufacturing facilities, the company has a manufacturing capability of over 115,000 metal tonnes of high, medium and low voltage cables and 110,000 tonnes of copper rod and wire per annum.

The company’s product range includes High Voltage cables up to 400kV, Medium Voltage cables up to 33kV, Low Voltage power cables, control & auxiliary, wiring and lead-sheathed cables, Low Smoke Zero Halogen cables, and LPCB approved FlamBICC (Fire Resistance Cables), copper rods and wires, cable components and cable accessories.

Ducab is an ISO 9001:2000 certified company and also has certification to the ISO 14001 Environmental Management System and OHSAS 18001 Occupational Health and Safety issued by BASEC (British Approval Services for Cables). Ducab cables are also approved by the Loss Prevention Certificate Board (LPCB) and Lloyd's Register, UK. www.ducab.com www.aeicables.com

For further information please contact: Maryam Al Falasi Anit Kurian Ducab ASDA’A Burson-Marsteller +971 4 815 8888 +971 4 450 7600 [email protected] [email protected]