Mubarak Marine has signed a long-term partnership agreement with Dubai Maritime City to develop an industrial complex for maritime services, shipbuilding and repair worth $35m.
The complex will enable Mubarak Marine to establish their headquarters as well as a workshop and maintenance facility. The project area, located within the Marine District of DMC covers a total of 106 hectares of pre-built industrial space, ship repair and building plots, yacht repair and manufacturing plots, retail units, offices and shipyard facilities.
“We are delighted that a well-known company such as Mubarak Marine has chosen decided to further their operations from the city, this will definitely fuel the growth of the repair and maintenance sector and also direct attention to the important role played by the city in facilitating maritime activity both regionally and globally,” said Khamis Juma Buamim, chairman of Drydocks World and Maritime World.
