Global Glass Solutions' (GGS) Dh100 million ($27.2 million) processed gas facility with a daily production capacity of 1,000 sq m has opened at Al Ghail Industrial Park in Ras Al Khaimah (RAK).

GGS designs, manufactures and distributes a diverse range of glass products in the Middle East. Its shareholders include UAE-based investment company Dubai Projects LLC.

The new GGS facility, whose inauguration was performed by Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, will manufacture all kinds of processing glass and initially cater to markets in the UAE and the rest of the GCC region.

The new plant aims to increase its capacity from 360,000 sq m in the first year to 1 million sq m within two years. As such, the facility has been designed to accommodate two more factories and four to five times more machines. GGS also disclosed that it is using environmentally friendly equipment and processing techniques in line with its commitment to adhere to the green building regulations of the emirate.

The factory will strengthen Ras Al Khaimah's status as a prime global investment destination, GGS said.

High standards
Amer Al Aloul, managing director, GGS, said the new facility was built to the highest level of European standards and practices and in accordance with the stringent environmental sustainability specifications of Ras Al Khaimah.

'We believe that Ras Al Khaimah is the perfect location for this ambitious project as the emirate offers the best value in terms of world-class infrastructure, cost-efficiency, government support and easy access to key transport facilities, giving us a convenient gateway to reach our target markets in the region and beyond,' Al Aloul said.

Al Ghail Industrial Park is operated by Ras Al Khaimah Investment Authority (Rakia), which also operates the Industrial Zone and the Free Zone in Al Hamra for foreign investors who wish to secure full ownership and enjoy the tax-free environment and duty exemptions offered by the emirate. The key benefits Rakia offers to foreign investors include 100 per cent capital and profit repatriation, high availability of labour, easy licensing procedures, excellent port and transportation facilities, and the absence of foreign exchange controls, trade barriers and quotas.