Real estate developer Sobha Group has set up a second furniture factory by signing a land lease agreement with Dubai Industrial City (DIC) with an investment valued at Dh450 million.
It is located across an 84,000 square metre land plot with a built-up area of 50,000 sqm. The company will manufacture a range of products including sofas, seats, armchairs, chairs, beds, car and airplane seats, assembled and flat-pack cabinets for the local market and for export customers.
The new facility will reinforce the local industrial sector through initiatives such as ‘Make it In the Emirates’. Its location within Dubai Industrial City will also enable synergies with Sobha Furniture’s existing facility in KEZAD in Abu Dhabi. Courtesy: https://www.rprealtyplus.com/international/sobha-group-second-furniture-factory-in-dubai-industrial-city-114655.html