GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Automobile

 
  Share

Ras Al Khaimah, 1 November 2017:  Auto Bus Laser LLC, a newly established commercial vehicle parts manufacturer, has joined Ras Al Khaimah Economic Zone's (RAKEZ) bustling family of industrialists in its Al Ghail Industrial Zone. The company has been set up to exclusively support Ashok Leyland's operations by supplying bus bodies, engines, exhausts, clutches, breaks, radiators, and other vehicle parts. 

With around AED 40 million worth of investment, Auto Bus Laser has acquired a massive 20,100 square metre of land at RAKEZ's Al Ghail Industrial Zone where the company will construct a state-of-the-art facility that will house the next generation of laser machines. 

Commenting on the company's establishment, Auto Bus Laser's Chief Executive Officer Raman Macker stated: “We are very happy to embark on this new venture with Ashok Leyland as together, we will be producing commercial buses that are truly robust and reliable. We want to thank RAKEZ for providing us with a seamless business set-up experience. It's no wonder Ashok Leyland has been here for over a decade.”

Ramy Jallad, Group CEO of RAKEZ, RAK Free Trade Zone and RAK Investment Authority, welcomed the new company saying: “At RAKEZ, we encourage synergies between the companies operating in our specialised zones. Hence, we are excited that Ashok Leyland has introduced RAKEZ to Auto Bus Laser as an ideal manufacturing hub. Having these two commercial buses and parts manufacturers in our Al Ghail Industrial Zone can further attract other related businesses, forming a mini cluster of collaborating vehicle makers.” 

Jallad pointed out that the joining of Auto Bus Laser to the over 600 industrialists operating at RAKEZ only proves that the economic zone is trusted by large enterprises from around the globe. “We are committed to provide fit-for-purpose solutions to companies that chose to base their operations with us. It doesn't matter whether they are entrepreneurs, small businesses or manufacturers. Our commitment is to facilitate their growth in a cost-effective environment and help them easily access the vast opportunities that the Middle East region has to offer,” he said.

Auto Bus Laser's production plant will be developed in three phases and is expected to commence operations on January 2018. 



Posted by : GoDubai Editorial Team
Viewed 8198 times
Posted on : Wednesday, November 1, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Jaguar's Stellar Dubai International Motor Show Line-up Will Be Its Biggest Yet at Region's Premier ...
Next Story : Premier Motors Supports 2nd USIP World Police Games
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
100% Vegan New… Body Yogurts 15 Seconds to Glowing Healthy-looking Skin Spoon It on
Therése Neaimé- Sold to perfection
Linda Paradis brings non-invasive ink removal to Dubai
Timeless Ties
Sony's PXW-Z280, World's first 4K 3-chip Camcorder with new 1/2-type Exmor R CMO...
Martin Hoping for Amstel Gold as Irishman Leads Team to Ardennes Classics
IKEA announces latest INDUSTRIELL and HJÄRTELIG Collections
HP's New High-Performance Workstations Push Creative and Technical Workflows to ...
Tommy Hilfiger's SS2018 men's and women's watch collection
COLAB - Dry Shampoo
Boss watches presents the Ocean Edition
The Chronofighter Grand Vintage by Graham is exactly as big as it appears in the...
Al-futtaim Names Its New Dubai Lifestyle Mall – ‘Festival Plaza'
Accessories Collection 2018 Gentleman Attitude
Skyline Mega Fitness Challenge Sparked Positivity and Happiness
ORANGE & BERGAMOT Awaken the Cult Icon New Additions
MG Motor and Al Yousuf Motors Open New Dubai Showroom
Latifa bint Mohammed visits PCFC's stand at DIGAE, hails state-of-art initiatives
Summertime Beauty Picks at Glambeaute.com
FOREO delivers the ultimate festival survival kit for a glow-on-the-go.
Samsung launches Exciting Smartphone Trade-In Program with Galaxy S9 or S9+
Sony unleashes refined creativity with the new FS5 II
Get the best bargains at Dragon Mart's End of Season Clearance Market
Enhance skin radiance, smoothness and brightness in just 14 days, with the new J...
Dubai-based Al Kasir Group launches three Crypto assets backed by diamonds
Skyline University College Economics Day 2018: One Step towards Tomorrow
A Royal Ramadan Experience by Master Chef Mama in Pullman Dubai Creek City Centre
Indie Film ‘Selfie' Premieres in Dubai
New Blow Out Bar and Make-Up Studio SWISH by Immaclife Opens in Abu Dhabi in Apr...
ETIHAD AIRWAYS BOOSTS SERVICES TO MOROCCO
Finnair to offer a hand baggage only ticket type on selected North Atlantic routes
Rolling Cones, a new luxury ice cream concept, launches at the Hyatt Regency Dub...
HONEYWELL TO INSPIRE NEXT GENERATION OF PROGRAMMERS AND SCIENTISTS AT THINK SCIE...
Abu Dhabi Ship Building Company Launches Two 64-Meter Landing Ships for the Kuwa...
Get Vibrant and lively hair with Rahua's new Color Full Range
Ferrari World Abu Dhabi Takes Home MENALAC 2018 Best Theme Park Award
Penny Scallan Design Launches in the Middle East
Olivia Burton Marble Florals - Embrace these styles for a new artistic way to wo...
10 Kg gold for 100 winners at Malabar Gold & Diamonds
Mumzworld Announce Recruitment Drive To Empower Women in the Middle East
Filorga Mesotherapist Derma Roller
Qualcomm Unveils the Vision Intelligence Platform Purpose-built for IoT Devices ...
Genesis G70 Luxury Sedan Arrives in Middle East
Sheikh Sultan bin Ahmed Al Qasimi Leads Sharjah Contingent to Kuwait Arab Media Forum
Lingual Orthodontic Treatment now a reality at Al Mariffa Medical Center
Munich Airport reports record net annual profit of €155 million for 2017
New XE 300 Sport Edition Wins Gripping Ice Race
Salem Ahmad Almoosa Enterprises to recognize talent and skills of young Quran me...
Understanding what women want Balmain reveals the Madrigal Mini II
Dubai Sports Council Pavilion a big hit at Bangkok SportAccord