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Opportunity Overview & Value Propositions

Aluminum flat products include Aluminum foil, sheets and plates.

Value Propositions:
  • Strategic location that can act as a dispatch hub for MENA
  • UAE ranked 16th globally in Ease of Doing Business (WB)
  • UAE ranked #10 globally for world class infrastructure in (LPI)
  • High quality of life attractive for skilled talent
  • 100% foreign business ownership and low VAT (5%)
  • Competitive costs of licensing costs and work visas (under process)
  • Strong logistics infrastructure - UAE has busiest ports in MENA region strategically located and enable seamless flow of trade across a region of more than 3.5bn.
Enablers:
  • Up to 80% project financing by Emirates Development Bank
  • 2-year grace periods and low interest-rate loans for CAPEX, working capital, and supply chain financing.
  • Export credit and insurance via Etihad Credit Insurance and AD Exports
  • Access to Free Trade Agreements with high-growth markets such as GCC, Arab countries, Egypt, India, Jordan, Israel, Indonesia, and others
  • Customs exemptions for raw materials
  • 53% of UAE’s exports are to countries with no import duties (GCC countries and other GAFTA countries with FTAs)
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290 - 295 Mn

Investment size (AED) for a typical facility

40 K – 45 K

Plant capacity (tons per year)

11%

Projected IRR

130 Mn

Projected NPV (AED) (10 Yrs)

95 - 120

Work Force (employees)

12 Yrs

Payback Period

Chart

Market Size Bar Chart

Global and UAE market size
2022-2032 (Bn AED)

Aluminum Flat Products Chart
Testimonials

Success Stories

Testimonials

Success Stories

Emirates Global Aluminum (EGA) Testimonial

"Our cooperation with the Ministry of Industry & Advanced Technology enables EGA to work with others to achieve our bold aspirations for the future, both for our company and our nation. In 2021, we joined the In-County Value program, a step forward in growing our economic contribution in the UAE. EGA already accounts for 1.4 per cent of the economy, and by further localizing procurement we will grow that further and help achieve the goals of Operation 300bn"

Abdulnasser Bin Khalban
CEO, EGA

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