The most recent deals signed with DTP include:

The local Proclad Group International has signeda$110 million agreement to invest in a 50,000-square-metre industrial complex to manufacture products for the oil and gas (O&G) industry. Under the deal, Proclad will set up a professional training academy and a research and development (R&D) centre to develop new technology in the O&G sector;

The local Cimachas signed a $7 million agreement to build a technology and centre of excellence and a 10,000-square-metre automated panel manufacturing and assembly unit.

Other agreements signed in recent months include:

Gulf Food Industries – California Garden, a subsidiary of Kuwait Food Company,is investing AED 250 million ($68 million) in three new factories for canned, frozen and dry foods;

Japan’s Kiyosekiwill build a 17,000-square-metre plant to manufacture bio-water at a cost of about $54 million;

Arab Beverages Establishment, a subsidiary of Switzerland-based Capri-Sun,is investing $27 million in a 20,000-square-metre manufacturing facility, aimed at doubling its daily production of soft drinks to 40,000 packets an hour;

The local Kwik Steel Structuresis investing $14 million in a 45,000-square-metre facility to provide fast-track steel fabrication services;

UK-based Trox Groupis developing a $10 million technology centre with a built-up area of 15,000 square metres to design, test and manufacture system and product solutions;

A company identified as Bergmettal International is investing$8 million in a water production facility to be built over a 20,000-square-metre area;

The local Safety Electrical will build a $3 million switchgear and lighting systems centre;

The local Concept Groupis setting up a $2 million exhibition stand manufacturing facility with a built-up area of 10,000 square metres.

The largest investment to date at DTP is being undertaken by the local Mammut Group, which is building a $135 million pre-cast concrete panel factory. Other companies to have already signed up include Al-Shahba Industriesand Metito, both local, Oman’s Technobuild Holzfabrik, Qatar’s Techno Lubeand Jeddah-based Mattex International.

The park will initially be structured around five technology clusters covering desalination, water treatment, energy, oil and gas exploration and insulation. Canada’s Cansultis the consultant.