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Gulf Press > Business > Binghatti purchases steel manufacturing plant in Dubai – News
Business

Binghatti purchases steel manufacturing plant in Dubai – News

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Last updated: 2024/05/12 at 8:18 PM
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Binghatti, a Dubai-based developer, recently acquired a state-of-the-art steel manufacturing facility in Dubai as part of its commitment to innovation and excellence in the real estate industry. This facility will serve as the primary hub for Binghatti’s in-house team of designers, architects, and manufacturing experts to transform architectural designs into top-tier hyper-towers. Design structures for iconic projects like Burj Binghatti Jacob&Co Residences and Mercedes Benz Places | Binghatti are expected to be manufactured in this facility. This strategic acquisition is in line with Binghatti’s supply chain and development process, ensuring uncompromising focus on craftsmanship and the highest standards of durability and excellence in its projects.

Muhammad BinGhatti, the CEO of Binghatti, commented on the acquisition, emphasizing the company’s commitment to quality and craftsmanship. The acquisition of this manufacturing facility further cements Binghatti’s dedication to overseeing the entire process from inception to completion in its projects, ensuring the highest standards of durability and excellence. This strategic move was made possible through Binghatti’s self-sustained cash flow, reflecting the company’s solid financial position and strengthening its position as a key player in the industry.

The acquisition of the steel manufacturing facility is seen as a significant milestone for Binghatti, showcasing the company’s dedication to pushing the boundaries of innovation in the real estate sector. By bringing together a team of talented designers, architects, and manufacturing experts under one roof, Binghatti aims to create top-tier hyper-towers that stand out in the competitive Dubai market. With a focus on quality and craftsmanship, Binghatti is determined to maintain a high level of excellence in all its projects, from design to completion.

With a dedicated team of in-house engineers, interior designers, and architects, Binghatti is well-equipped to handle the manufacturing process of its iconic projects. By operating in tandem with its existing in-house manufacturing facilities for joinery, aluminum, and glass, the newly-acquired factory will play a crucial role in ensuring that Binghatti’s projects meet the highest standards of quality. This integrated approach to manufacturing and design will allow Binghatti to maintain control over the entire process, resulting in durable and excellently crafted structures.

By investing in this manufacturing facility, Binghatti has solidified its commitment to quality and excellence in the real estate industry. The company’s focus on maintaining the highest standards of craftsmanship and durability sets it apart as a key player in the industry. With a strong financial position and a dedicated team of experts, Binghatti is well-positioned to continue pushing the boundaries of innovation and delivering top-tier projects that exceed expectations. The acquisition of the steel manufacturing facility is a testament to Binghatti’s dedication to excellence and its determination to create iconic structures that leave a lasting impact on the Dubai skyline.

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News Room May 12, 2024
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