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 9986 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
NARS Erdem SS19 Beauty Report
Diana Arno Expands Online Shopping to Middle East
Introducing VK Beauty Lounge & Bar
Introducing Home Fragrance at Robinsons, Dubai Festival City
Defying Age With Skin Republic's Gold and Platinum Face Masks
The Future Is Here
Roberto Cavalli's Exclusive Duo of Fragrances
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Lacoste.12.12 Collection
Trevor Sorbie Range Relaunches in the UAE
FOREO To Attend TFWA: the World's Largest Travel Retail Show
Carl F. Bucherer Celebrates Debut of Its Online Boutique on Jd.Com Launch of Lim...
GROHE Smart Home: The App-Controlled Water Security System
Le Meridien Dubai Hotel & Conference Centre's Restaurant Promotions- October
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
William Collection by Hugo Boss
Al-Futtaim ACE launches its stylish new Outdoor collection
Al-Futtaim Toyota swoops another win at the Filipino Times Awards
Pamper yourself at Perfumery & Co this month, at The Dubai Mall
Dubai Design Week continues to grow, cementing Dubai as the design capital of t...
Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor fu...
Tips & Toes Hits the Big 3-5!
O Boticário Opens in Dubai its First Amphora Store outside Brazil Come Join...
Tata Communications launches a specialised cyber security lab at Shanmugha Arts,...
Honor Set to Go Beyond Limits With the Launch of Honor 8x
Consonni Wraps Up La Vuelta a Espana With a Seventh Place Finish for UAE Team Em...
The Mummies of Dubai Give Their Kids a Preppy Style Makeover
Hyperloop Transportation Technologies, Partners, and Government Stakeholders Mov...
Akamai Unveils Solutions at IBC 2018 Designed to Mitigate the Challenges and Cos...
Abu Dhabi wins bid to host 2022 ITU Grand Final in world first
Cadillac XT4 Delivers Dynamic Driving Experience
du Opens New Business Centre in DIFC for Enterprise Customers
Eberhard & Co. Scafograf 100 For Elegant Lady
Ministry of Human Resources and Emiratisation, Huawei and Honor launch ICT Compe...
Dubai Parks and Resorts Celebrates Saudi National Day
New GUESS Handbags for FW18
du Wins Smart Cities Award at the Telecoms World Middle East 2018
Volunteers from the UAE join hands with the community in Tasset Peulh village in...
Sharjah's Recognition as ‘Accessible City for Physically Disabled' Hailed as His...
New Homologations for Pirelli Tyres
Huawei Deepens Cooperation with Duisburg to Transform Germany's Industrial Hear...
The Dubai Business Women Council meets with the UN Assistant Secretary-General t...
Dubai Festival City Mall Celebrates KSA National Day with Special Imagine Show
Registration for the 5th edition of Camel Trek is now open
WWE® Crown Jewel Set for November 2 in Saudi Arabia
New Headmaster for Repton School, Abu Dhabi School's Rose Campus (FS1 to Year 1...
Huawei becomes one of the first multi-national technology companies to register ...
Lenovo Reveals Intelligent Solutions & Partnerships at Transform 2.0
Mobility MEA becomes the first approved Android zero-touch enrollment partner fo...
His Highness Sheikh Ahmed bin Saeed Al Maktoum receives the President and Vice C...