Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - KEF, Elematic in precast technology tie-up  Join our daily free Newsletter

MENAFN - Khaleej Times - 12/12/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Khaleej Times) KEF Holdings Chairman Faizal Kottikollon and Elematic CEO, Mats Jungar signed the agreement that would see the partnership being rolled out in a phased manner, first in India involving an investment of Dh200 million, and later in the UAE.

KEF Holdings, which has multi-million dollar investments in infrastructure, healthcare and agriculture, is setting up the first integrated factory in India for the fabrication and supply of concrete elements including columns, beams, hollow core slabs, architectural cladding panels, graphic concrete panels, aggregate finished panels and staircases.

In addition, public and trunk infrastructure works such as underground utility structures, railway sleepers, culverts, pipes, and earth retaining systems will also be produced.

The second phase of the partnership will involve KEF and Elematic working together to introduce graphical concrete to the UAE and India. Using this technology, customised patterns and images on concrete surfaces can be produced. The technology allows for modern architectural features to be printed on concrete surfaces, said Kottikollon.

"This long-term partnership with Elematic will usher in a new era for construction projects in India where frequent delays occur due to a number of challenges. With precast, very high quality elements can be produced in a factory quickly, transported and erected at site ensuring completion of construction project timelines before schedule - at a reduced cost with minimum wastage and repair," said Kottikollon.

We also look forward to introducing architectural and graphical concrete to the UAE market as well because it allows immense design possibilities for architects and developers. With the extremely large number of construction projects being planned for Expo 2020 all over Dubai, this technology which has been perfected in Finland can give a tremendous boost to the architectural landscape of the Emirate," said Kottikollon. The Indian facility, to be located in Krishnagiri, Tamil Nadu, will include a production facility for modular kitchens and bathrooms as well as a joinery unit that would manufacture high quality, interior fit outs.

A community centre with accommodation and world class sports and leisure facilities for the staff of the factory and for those in the vicinity will be co-located in the complex. Elematic will be the technology and equipment partner on the project which will supply and service all major South Indian cities including Bangalore, Chennai and Kochi. KEF Holdings has implemented precast technology in a major philanthropy initiative where a 120-year-old, Government school for girls in Nadakkavu in Calicut, Kerala has been fully upgraded with new classrooms, labs, dining hall, toilets, indoor gymnasium, astro-turf sports field and landscaping.

More than 132,000 sq. ft. of the campus was created or upgraded using Precast in a record time of 10 months. The project is part of a larger initiative called PRISM (Promoting Regional Schools to International Standards using Multiple Interventions) whereby government schools in Kerala are being upgraded in many areas.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help