Abu Dhabi to export auto spare parts
A foundry is being built in Abu Dhabi’s Khalifa Industrial Zone (Kizad) to produce automotive parts for the leading automobile manufacturers, BMW, Volkswagen and Mercedes-Benz.
Abu Dhabi Ports has signed a Musataha agreement with Advanced Manufacturing Solutions LLC (AMS), a subsidiary of the FourWinds Group, to build a Dh514 million worth steel foundry to manufacture automotive parts such as steep brake disks and brake calipers.
The project will be developed in three phases and will ultimately have a capacity of 300,000 metric tonnes per annum, making it among the largest single-source foundries in the world producing automotive parts. Read More