Al Bayader International secures financing for region's largest food packaging industrial complex in the UAE

• New complex aligned with UAE Government’s Operation 300bn initiative to boost local manufacturing and in-country value

Dubai, UAE: Al Bayader International, the UAE’s sustainable and innovative manufacturer and supplier of packaging and cleaning solutions for diverse uses, has secured a medium-term financing to build the region’s largest food packaging industrial complex in Sharjah’s Al Sajaa Industrial City. When completed in 2023, the facility will quadruple its total production capacity to over 120,000 tonnes when completed.

Spanning an area of 450,000 square feet – the size of nearly six football fields - the Al Bayader International Industrial Complex will manufacture over 70% of its total product range of more than 1,200 food packaging and cleaning products. The facility will include a dedicated R&D facility to drive product innovation, a large showroom, offices and 500-strong staff accommodation. Located within minutes of the upcoming Etihad Rail, the complex will have seamless logistical connections to serve the nation as well as boost exports.

Work on the new project will commence soon and follows the recent expansion of Al Bayader International’s manufacturing facility in Jebel Ali Free Zone, which marked an investment of AED200 million for an expanded portfolio of ‘Made in UAE’ products that not only meets the needs of the nation but also are exported to several European, Asian, South American and African nations.

HSBC has contributed finance for the land purchase and construction of the new AED13 million Sharjah industrial complex, which complements the Operation 300bn initiative announced by the UAE leadership to build domestic manufacturing capabilities and add in-country value.

Robotic systems managed by a hybrid model of humans and Artificial Intelligence technology will help achieve higher levels of operational efficiency. A smart tracking system that uses robotics and the Internet of Things (IoT) will drive the logistics operations.

Nidal Haddad, CEO of Al Bayader International, said: “Securing the financing from HSBC for our mega-industrial complex underlines the strong potential of growth we have and our financial fundamentals. We continue to invest in building local manufacturing competencies, highlighting our commitment to the national industrial strategy announced by HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President & Prime Minister and Ruler of Dubai.”

Set to create several hundreds of jobs, the new industrial facility will deliver several strategic functions of Al Bayader International, including advanced testing labs from Japan.

Haddad added: “With its strong industrial infrastructure and effortless connectivity, Sharjah serves as a strategic location for this new venture. We are grateful to the guidance of HH Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to build a robust industrial ecosystem in the Emirate that supports economic growth and creates new opportunities for the small and medium enterprises sector.”

Al Bayader International is among the first accredited Middle Eastern packaging companies to obtain BRC grade AA, an internationally recognized standard.

The group also has the highly stringent Forest Stewardship Council (FSC) certification that ensures products come from responsibly managed forests that provide environmental, social and economic benefits. The Company also has three ISO certifications, quality, management, health, safety, hygiene and environment certifications for ISO 9000, 14001 and 4500 certifications.

With a dedicated team of over 1,000 employees from 30 nations, and the support of over 400 business partners and over 9,000 satisfied business customers, the company delivers unbeatable value to the global food and beverage industry. Al Bayader International currently owns and operates six manufacturing and nine logistics locations. The company leads several GCC markets with a substantial market share, while steadily increasing penetration into markets further afield, including Europe and Africa.

The company has also recently expanded its chain of retail shops opening its flagship retail outlet on Sheikh Zayed Road in Dubai, complementing the larger 2021 expansion plan of the group to open more retail outlets across the UAE as well as grow its business footprint to Oman, Qatar and Saudi Arabia. In the business segment. Al Bayader International serves supermarkets, hypermarkets, convenience stores and the global F&B industry through hotels, casual dining restaurant chains, cafeterias, coffee shops, catering companies, foodstuff traders, airlines, hospitals and more. Headquartered in Dubai, Al Bayader International’s manufacturing plants are located in Sharjah, Jebel Ali and in Qatar.

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About Al Bayader International:

Al Bayader International has established itself over three decades as an international leader in manufacturing and supplying comprehensive food packaging solutions.

With a dedicated team of around 1,000 employees and the support of over 400 business partners, the company delivers added value to the global food and beverage industries and offers an extensive 1,700+ product portfolio, which represents the backbone of the retail and food service sectors.

As part of its constantly expanding business, Al Bayader International currently owns and operates six manufacturing and nine logistics locations with a current production capacity of 31,000+ tons per annum and increasing. They lead several GCC markets with a substantial market share, while steadily increasing penetration into markets further afield, including Europe and Africa.

For more information please contact:
Alisha Patel
CLAY TABLET | Voice International
Mob: +971 55 4459063 | Email: alisha@voiceinternational.me 

© Press Release 2021