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 8607 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
Meet the FOREO family as they share their top tips for radiant skin during the ...
Three Trends to Try with Palladio Beauty
Care for your baby's sensitive skin with Corine de Farme
Do Explore More with Pandora
Ramadan-Inspired Sandro SS18 Pieces
Caudalie The Cleansing Collection
Lexus sweeps two podium finishes at round two of 2018 AUTOBACS SUPER GT 500 series
Charlotte Tilbury, the World's #1 Celebrity Makeup Artist, Announces the Opening...
Marchon Eyewear New Collections
Get Voluminous Eyelashes and Eyebrows with Rodial's Lash and Brow Booster Serum
New Master Maserati Driving Courses for 2018
Spinneys Puts Local Food Heroes in the Spotlight this Ramadan
‘Tree of Life' Continues to Change Lives at Arabian Center, This Ramadan
MAC - Prep + Prime Fix +
Ethereum - Second In A Series Of Exclusive Cryptocurrency Watches Launched
Mads Mikkelsen Spotted on Red Carpet at Cannes Wearing Ulysse Nardin Masterpiece
Glambeaute.com's Special Ramadan Beauty Packs
Pottery Barn Kids Launches Baby Registry Service to Welcome Newborns
Pick what suits you from essence Spring/Summer 2018 nail polish collection
Breitling's Navitimer 8 Collection Arrives in The Middle East
Karl Lagerfeld Celebrates Fall / Winter 2018 Collection
White Man & Woman Focuses on Innovation and Sustainability With Patagonia at Whi...
Stay connected with your loved ones this Ramadan season with the Nokia smartphones
Make Ramadan Better With the Gift of Sharing
1st Edition of Cannes International Film Festival From May 8 to 19, 2018
Hour Choice Presents Coach Perry Collections – Ramadan Exclusive
Aru Impressed with Team Spirit as Italian Champion Secures Top Ten Finish
Facebook Launches Youth Portal, a Central Place for Teens
Elvis Presley's OMEGA Sells for a World Record CHF 1,500,000 at Auction
Get Your Nails Summer Ready with FC Beauty
du Helps You Stay Connected this Ramadan with Exclusive Offers Throughout the Ho...
Global Rollout of LGG7 Thinq Gets Underway
HP and DiSTI Join Forces to Reinvent Enterprise Training Using Virtual Reality
Iftar at Roda Al Murooj
Revel in the all-new Mango Memory Menu – a summer treat by Moombai & Co
Celebrate Father's Day in 'Swiss Style' with Raymond Weil.
Dubai Festival City is the place to be this Ramadan
Etihad Airways Introduces Ai Robot Sophia to Abu Dhabi
A Nose for Great Sound
Emirates Post Offers Valued Discounts to Six Destinations this Ramadan
Panasonic Continues to Raise the Bar for Excellent Customer Service
Word's Best Air Purifier Launched in Dubai
Sheikh Juma launches his Asian Games preparations with NAS Run
MINI Middle East launches partnership with ekar to provide premium cars to carsh...
Lufthansa Group and Travix announce NDC partnership
Turkish Airlines Announced its 2018 April Passenger and Cargo Traffic Results
OMEGA goes onshore in Newport to unveil the Volvo Ocean Race winner's watch
Manero Flyback A Modern Take on a Retro Style
Defending champs Surprise down Raptor to reach semis
The Puppeteer Behind ‘Star Wars'