SeAH Steel to build plant in Ras Al Khaimah
31 Mar 2010
(MENAFN) South Korea’s SeAH Steel Corp said that it has leased 250,000 square meters of land from Ras Al Khaimah Investment Authority (Rakia), to build a manufacturing plant within Rakia’s Industrial Park, Gulf News reported.
The manufacturer of steel pipes, tubes and fittings based in South Korea with overseas businesses in the US, Japan, China and Vietnam and a global sales network, decided to expand into the Middle East and Africa market by operating a large production plant in the UAE with excellent infrastructure facilities and distribution channels to reach and export to the entire region.
Within the coming 3 months the company will start construction of its production plant and are planning to be fully operational within a year from now.
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