NU-TEC PRODUCTS TO BE AVAILABLE IN ALL AGCC STATES IN 2005

DUBAI, DECEMBER 19, 2004: Dubai's booming construction market and its stature as the regional exports hub have attracted one of the US' largest high-pressure laminated door and accessories manufacturers to make its first foray into foreign markets through sole distribution tie-up with a Dubai-based company.

A member of the US National Association of Housing Rebuilding Officials (NAHRO), the Indiana-based NU-TEC Industries is a 20-year-old company with a production capacity of 5,000 doors per week.

The company, whose doors are approved by the New York City Housing Authority (NYCHA), has appointed Ainul Huda General Trading LLC as its sole distributor for the region covering the Arabian Gulf Cooperation Council (AGCC) states and other Middle Eastern countries.

Nu-Tec Industries' line of interior bedroom and different kind of closet doors in different colours are specifically designed for the rugged service required in the public housing and rental apartment environment. Pre-finished from the factory, the Nu-Tech door fits almost every conceivable opening condition.

Mr. A Huda Khan, Chairman of Ainul Huda General Trading, said: "The key to our success is quality product at competitive price. The efficient production process and follow-up services guarantees customers' satisfaction. The only callback we get is the compliment."

He said plans are afoot to set-up exclusive retail outlets in the UAE and the rest of the Middle East for displaying and marketing of high-pressure laminated doors and other Nu-Tec products.

There is a tremendous growth potential for the plastic laminated door which fits well with the local climatic conditions and aesthetic tastes.

Explaining the salient features of the laminate interior doors, Mr. Imran Khan, Marketing Manager, Ainul Huda General Trading, said these are available in sizes up to 48 inches in width and up to 96 inches high. The doors are durable, dependable and design-attractive.

The company has lined-up a series of workshop and presentations for the trade in Dubai and other parts of the region to introduce the product range and networking.

It considers UAE, Qatar and Saudi Arabia to be the most potential growth markets for its products, which it claims are far ahead of its Far East Asian competitors in terms of quality, durability and pricing.

Out of the $50 billion estimated Arabian Gulf-wide building spend, 60 % or some $30 billion, is in the UAE alone; and the majority of that is in Dubai.

The current boom in the construction industry in the UAE is increasing with government spending set to continue over the next ten years on the creation of new infrastructure projects and office and residential accommodation.

The AGCC countries have a young population and massive housing needs, while the oil wealth drives a construction boom in both public and private sectors.

The company plans to tap the UAE Contractors Association which has over 420 members in the emirates of Abu Dhabi, Dubai and Sharjah.

Local market demand for building products is growing rapidly due to the construction of diversified commercial, residential and institutional buildings.

Latest reports suggest the size of the UAE's building products and materials market to be around US$ 3 billion, a  sizeable quantity of which is re-exported to neighboring countries, which accounts for an estimated 70 % of all goods imported to Dubai.

In addition to the traditional markets like Iran, Iraq, Saudi Arabia, Oman, Kuwait and the Indian Subcontinent, the Dubai Chamber of Commerce and Industry has listed a total of 162 re-export destinations.  

-Ends-

FOR FURTHER INFORMATION, PLEASE CONTACT:
Mr. Imran Khan
Marketing Manager
Ainul Huda General Trading LLC
P O Box No: 84768
Dubai,
UAE
Telephone: +971-4- 2639512
Fax: +971-4-2639513
Email: ahgentra@emirates.net.ae

© Press Release 2004