The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI / WAM
HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Silicon Oasis Authority, (DSOA) on Monday laid the foundation stone for the W Motors Automotive Facility at the Dubai Silicon Oasis, UAE, the first manufacturing facility of its kind in the Middle East, with an investment of AED370 million.
The groundbreaking event was also attended by Dr Mohammed Al Zarooni, Vice Chairman and CEO of the DSOA, and Ralph R Debbas’, W Motors Founder and CEO.
Spread over an immense 120,000 sq.ft., the first phase of the project is set to be completed by 2020. The production of all W Motors vehicles will move to this location, including the limited series Fenyr SuperSport, upcoming new vehicles, electric and autonomous models, as well as all the vehicles under the company’s Special Projects Division.