Despite a harsh economic turmoil, Al Islami Foods on Monday announced an investment of over AED58 million in a state-of-the-art factory in Techno Park, a fully-owned subsidiary of Economic Zones World. The move is a major step forward in strengthening company's leadership across the Middle East. The lease agreement between Techno Park and Al Islami signing ceremony was held at TechnoPark offices in Jebel Ali Dubai. The ceremony was jointly headed by Hamad Al-Hashemi, managing director at Techno Park and Saleh Abdullah Lootah, chief executive officer, Al Islami Foods. A large number of senior officials from Al Islami and Techno Park were also present at the occasion. The new factory, will spread over 8,000 square meters of land at the most modern industrial zone of Techno Park. Al Islami intends to make this facility a base to produce top-line product portfolio for the Middle East consumers under Al Islami's quality standards, safety and environmental best practices.
