According to Khalfan Saeed Al Mazrui, Chairman of Dhabian Group and Director-General of the Private Department of Major-General Shaikh Nahyan bin Zayed Al Nahyan, GCC is the fifth-of-its-kind supply base in the world and is estimated to be built at an initial cost of $3.2 billion. Three such companies are already working in Norway and one in the United States.
At the GCC industrial compound, a Norwegian company NOR1 has signed an agreement to make solar panels, which will be used for rural electrification in the country. Under the agreement, the 80 watt solar panels will be both manufactured and assembled at the GCC industrial area being developed. The wind mills being brought in are also state-of-the-art, third-generation technology and its manufacturing and assembly plant is going to be established at the GCC industrial compound.
The agreement for the establishment of the GCC was signed between the provincial government of Balochistan and the UAE's Harbor Resource Centre (HRC) Pakistan Limited. The HRC and the GCC are companies owned by Major-General Nahyan bin Zayed Al Nahyan, who is the chairman of the board of its directors.
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