Home / Business / Technomak invests US$75m in Hamriyah expansion

Technomak invests US$75m in Hamriyah expansion

Technomak Energy International FZC, the pipe and steel structure manufacturing subsidiary of the Technomak engineering group, has announced a US$75 million (AED 275m) expansion to its facility in Sharjah’s Hamriyah Free Zone. The new facility will allow the company to double production capacity by 2017, creating more than 800 new jobs.

Technomak Energy, which registered as a Hamriyah Free Zone company in 2006, manufactures steel structures, pipes, pressure vessels, metal skids and offshore structures fpr the oil and gas, power and water, offshore and marine and metallurgy Industries. The company counts Emirates Aluminum , J. Ray McDermott, Saudi Aramco, Qatar Gas and Reliance Industries among its customers and serves a market that reaches from the U.S.A. to the Far East.

The company announced that construction of the new facility will commence immediately on a 1.1 million square feet plot in Phase 2 of Hamriyah Free Zone, which complementrs its existing 1.3 million sq. ft. manufacturing plant. The production facility will include a state-of-the-art pipe-mill, a pressure vessel manufacturing unit and fully automated structural steel processing units. The plant will also feature a dedicated fabrication areaa for exotic materials like super duplex, stainless steel, copper nickel, carbon steel.

Hamriyah Free Zone houses over 6,100 companies from across 157 countries, with foreign investment from more than 500 industries in the key sectors of oil and gas, petrochemicals, maritime, steel, construction and food. Hamriyah Free Zone is located in the centre of Sharjah city, adjacent to Hamriyah Port.

Source: Technomak, HFZA

About The Editor

Check Also

Sharjah real estate continues growth, achieves AED 3.9 bn in July

According to the “Real Estate Market Performance Report” issued by Sharjah Real Estate Registration Department, ...