Reliable Engineering & Fabrication, a leading structural steel fabricator, has inaugurated an AED15 million ($4 million) production plant at Hamriyah Free Zone (HFZ).
Through its new facility, which covers an area of more than 150,000 sq ft, the world-class fabricator seeks to cater to the needs of the oil and gas, marine, and oil and wind farming sectors, taking advantage of the Hamriyah Free Zone Authority’s (HFZA) reputation, which provides a competitive environment for all businesses operating in the steel and construction sectors.
The company, which has been operating in the free zone since 2021, said it’s expanding at HFZA due to several reasons, including the free zone’s being a global business hub as well as its strategic location and integrated services, state-of-the-art logistics infrastructure, facilities, and services that suit all businesses and industries.
The factory was inaugurated by Saud Salim Al Mazrouei, Director of HFZA, Shobha Mendonca, Managing Director of Reliable Engineering & Fabrication, and Dr. Narayanan R Menon, COO of Reliable Engineering & Fabrication, in the presence of senior directors from both sides.
Accompanied by a number of HFZA officials, Al Mazrouei toured the new production facility, where he was briefed about the production lines that manufacture up to 500 metric tons of steel per month, by more than 160 employees and specialised technicians.
Lauding the company’s new expansion plan, Al Mazrouei said: “The Hamriyah Free Zone has developed a state-of-the-art business environment that perfectly meets the growing needs of the industrial sector, especially in the steel and fabrication industries. This is a vital sector to supporting Sharjah’s economic development and fulfilling the needs of giant construction projects as well as the urban boom that the Emirate is witnessing. This would not have been possible had it not been for the comprehensive vision and sustainable future plans adopted by His Highness Dr Sheikh Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.”
“The free zone pays utmost attention to attracting major global players in this sector. We promised and delivered privileges rarely seen elsewhere, including exceptional facilities for competitive services, strategic location, and multi-modal connectivity by land, sea, and air, allowing companies to reach new markets in various continents,” he added.
“We have hundreds of multinational companies operating in HFZA’s steel and fabrication sector, and we are consistently looking for new strategies to attract new investments in this area. We are really looking forward to making Sharjah a regional headquarters for the steel and fabrication industry, which is seen as a significant indication of a country’s economic success.
In the UAE, the metals sector provides AED34.4 billion to the industrial sector, which is comparable to 25.4% of the sector’s contribution to the economy. Since Sharjah’s industrial sector has grown to be one of the most significant contributors to the emirate’s GDP, Hamriyah Free Zone is eager to encourage businesses operating in this area.”