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Thomsun Electronics to set up Dh10m plant at DIP

DUBAI - Thomsun Electronics Centre LLC, part of the Thomsun Group of Companies, one of the UAE's diversified business corporations, has made an agreement with the Dubai Investments Park (DIP) to set up a manufacturing plant worth Dh10 million.

The agreement was signed in the presence of Khalid Al Kamda, Chairman of Dubai Investments Park Development Company and Khalid bin Khalban, Managing Director of the Park, and Thomsun Group Directors K V Thomas, V T John and P Shrinivas.

Thomsun Electronics will manufacture metal cable management systems, sheet metal ducts for air-conditioners and sheet metal enclosures for control panels, which will be useful for a wide spectrum of industrial products like patch panels, data network management systems, under floor trunking, air-conditioning ducts and control panel enclosures at this plant.

Speaking after signing the agreement, Al Kamda said: "The UAE and the local market is in need of a specialised product in the electronics and electro-mechanical sector and this is where Thomsun Electronics has carved a niche for itself. This, coupled with its decision to have a manufacturing unit at DIP, will go a long way in further enhancing the profile of the Park.''

Thomsun Group, a multifaceted business enterprise, was established in the UAE in 1976, and now boasts of a turnover of $260 million and has marked many entrepreneurial milestones in diversified sectors such as consumer electronics trading, audio-visuals, electro-mechanical products, printing and packaging industry, logistics and distribution, seafood processing and trading and home furniture.

K V Thomas, Director of Thomsun Group, said: "Our Group is proud to be part of the Dubai Investments Park and we will be setting up a Dh10 million manufacturing unit in the Park. DIP's flexibility in working arrangements and the easily accessibility to Dubai, Al Ain and Abu Dhabi by road and proximity to Jebel Ali port has only helped matters as it is an ideal location for developed projects in New Dubai. Around 50 of our employees will be deployed at the manufacturing unit in the first phase.''

The Dubai Investments Park is being developed, managed and operated by Dubai Investments Park Development Company LLC (DIPDC), a wholly-owned subsidiary of Dubai Investments. The Park, the only one to be launched by the private sector in the Middle East, is a mixed use industrial, business, residential and recreational development offering investors pre-serviced sites, world-class infrastructure, state-of-the-art facilities and quality services.

A major attraction for investors is the long-term leases, renewable up to 99 years, that are available for industrial, commercial and residential projects.