The Fujairah Municipality has signed an agreement with Sharaf Group for setting up a cement factory in the Habhab region at a cost of AED 1 billion.
Vice Chairman of the Sharaf Group said that Fujairah was selected to set up the factory in view of its huge deposits of raw materials as well as its proximity to crushers.
The factory will have an initial production capacity of two million tons and will gradually be increased to 4 million tons.
Director General of Fujairah Municipality Rashid Hamdan said that the emirate is rich in raw materials and this will substantially help the cement production.
He praised the support of His Highness Sheikh Hamad bin Mohammed Al Sharqi, UAE Supreme Council member and ruler of Fujairah to the economic movement in the emirate.
Source: Emirates News Agency, WAM, 15 February 2008.
Image: “rich in raw materials…”