21 February 2006
German Emarati Company (BENA) - an LLC established by BENA Group, Alfia Investment Company (Offset Fund) and Coppins Holdings - have signed an agreement with German-based MASA HENKE to build an automated Precast Autoclaved Concrete (PAC) plant in Mussaffah at a total cost of AED100 million. The project will be financed via long-term facility, arranged with Abu Dhabi Commercial Bank.
The agreement was signed yesterday by Mohammed Khalaf Al Mazrouei, Director of BENA and Jorg Hulsiggensen, Director of Sales at MASA. The plant's daily production capacity will be around 1,000 cubic metres of PAC blocks and reinforced wall panels and floor slab. Mohammed Khalaf Al Mazrouei said: "Making PAC products available locally will bring considerable environmental, economic and efficiency benefits to the UAE market."
German Emarati Company (BENA) - an LLC established by BENA Group, Alfia Investment Company (Offset Fund) and Coppins Holdings - have signed an agreement with German-based MASA HENKE to build an automated Precast Autoclaved Concrete (PAC) plant in Mussaffah at a total cost of AED100 million. The project will be financed via long-term facility, arranged with Abu Dhabi Commercial Bank.
The agreement was signed yesterday by Mohammed Khalaf Al Mazrouei, Director of BENA and Jorg Hulsiggensen, Director of Sales at MASA. The plant's daily production capacity will be around 1,000 cubic metres of PAC blocks and reinforced wall panels and floor slab. Mohammed Khalaf Al Mazrouei said: "Making PAC products available locally will bring considerable environmental, economic and efficiency benefits to the UAE market."
© Bahrain Tribune 2006
