ABU DHABI, 12 dec, 04 (WAM) - Dubai based Mammut group a leading manufacturerof trailers, steel buildings, sandwich panels, concrete pre cast panelsand Porta Cabins signed up with Techno Park for a 2,160,000 Sq Ft. Plotto construct its new pre cast Concrete Panel factory with a total investmentmore than Dh500 million.

Claimed as the biggest and most modern pre cast production in the world,the plant will have a total capacity of four million Square Meters (4,000,000Sq.m) of Pre cast Concrete Panels per year (Approximately 20 villas perday), according to a press release issued todayAbdullah Al Qurashi - Chief Executive Officer , Techno Park - said "statedthat the UAE currently has many huge construction projects and addedthat ready made concrete will help greatly the industry.

Cooperation with the new company would help finalizeprojects in a short period in the area, he said.

"We are building the biggest pre cast factory in the world, in Dubai,because we share the vision and believe in Dubai's leadership "MammutGroup Managing Partner, Behzad Ferdows said in statement, adding thisfactory will be commissioned in the 2nd quarter of 2005.

The factory will produce all kinds of pre cast panels including new floorand wall panel technologies from Germany and Canada which will greatlyimprove the speed, cost and quality of the construction sector.

Mammut Group will also introduce to the region a new patented technologyfrom Canada that will revolutionize the construction industry by offeringmaximum speed, flexibility, superior insulation and load bearing capability.

With this new technology, it will be possible to construct a complex twostorey villa within 48 hours. Multistory Buildings, high - rises, shoppingcenters and other buildings will also be constructed in record time.

"This new technology will enable contractors to double or triple theircapacity without increasing their manpower "said Behzad Ferdows.