UAE-based conglomerate S.S. Lootah Group has announced that it will invest US$17.42 million in the construction of a manufacturing plant in Dubai.
The plant will engineer, fabricate and assemble gas infrastructure equipment to address the growing demand for gas infrastructure in the GCC, Tanzania, India, Egypt and Libya as well as Europe and the UK.
The plant will be managed by Lootah BCGas, a gas utility operator in Dubai and part of the S.S. Lootah Group.
“As pioneers in local gas infrastructure, with comprehensive services from design, engineering and construction to operations and maintenance, we are now investing in our own manufacturing plant,” Denis Lefrancois, general manager, Lootah BCGas said.
“This plant will produce necessary equipment to support gas related projects locally and abroad. The products will be engineered to meet client requirements, be fit for purpose and provide our customers with the best quality, value and delivery times, supported by the logistic advantage offered by Dubai,” he added.
The company claims that the new plant is first of its kind to manufacture gas equipment locally and export it to other markets.
