Abu Dhabi - Mubasher: Three new factories in the Emirate of Abu Dhabi have started their operation in 2017 with a total investment value of AED 2.471 billion, according to the Industrial Development Bureau of the Department of Economic Development.

The first company was Taweelah Aluminium Extrusion Company (TALEX) which specialises in the field of metal coating as well as the smelting, rolling and extrusion of raw non-ferrous metals, founded with investments of AED 2.208 billion, as reported by Emirates News Agency (WAM).

Pack & Stack Woods is the second company, which specialises in the manufacturing of all kinds of platforms, pallets, and onshore and offshore oil and gas facilities’ and fields’ services with a total investment value of AED 240 million, followed by the DUCAB Aluminium Company which operates in the field of non-ferrous metals’ alloys casting, as well as manufacturing metal cables and braided tapes and other products. The company’s total investment value is AED 2.35 million.