Fabtech and France's Groupe M sign agreement to develop equipment and services for UAE's nuclear energy sector from Dubai Industrial City
The agreement reaffirms the contributions by Dubai Industrial City's community towards the long-term goals of Operation 300bn, Make it in the Emirates, UAE Energy Strategy 2050, and Dubai Economic Agenda 'D33'
Dubai, UAE: Fabtech Engineering, a steel fabrication specialist based at Dubai Industrial City, has entered a strategic agreement with French industrial leader Groupe M to accelerate innovation and sustainable development in the UAE's nuclear and sustainable energies sectors.
The agreement was signed during a ceremony attended by Nicolas Niemtchinow, Ambassador of the French Republic to the UAE; Anouar Mekkas, Nuclear and Renewable Energy Adviser at the French Ambassy in Saudi Arabia and the UAE; and, on behalf of Dubai Industrial City, Saud Abu Alshawareb, Executive Vice President of Industrial at TECOM Group PJSC. Fabtech Engineering's Chairman, Dr. Harry Moraes, and Vice President Business Development, Fabien Jeoffroy, signed the agreement with Groupe M's Chairman, Julien Monteiro, and Deputy CEO Pierre-Laurent Buch. Also in attendance were representatives from the French Nuclear Strategic Committee, Business France, Trouvay Cauvin, and the French Chamber of Commerce and Industry in UAE.
Fabtech is active in the heavy manufacturing segment in the GCC and global markets, and will expand its nuclear sector offering through the partnership with Groupe M by offering its 'Made in UAE' products to both local and international customers. The companies will develop comprehensive engineering, manufacturing, and on-site products and solutions to support the nuclear and sustainable energies sector, contributing to the long-term goals of UAE Energy Strategy 2050.
Pierre-Laurent Buch, Deputy CEO at Groupe M, said: 'This landmark agreement opens doors to exciting new opportunities in the Middle East and builds upon the robust ties between the UAE and France. Fabtech's strong presence in Dubai Industrial City, coupled with its expertise, aligns with Groupe M's growth strategy. We anticipate significant expansion in the region, particularly within the nuclear and new energy sectors, and will leverage our combined expertise to deliver high-value solutions to a broader client base.'
Fabien Jeoffroy, Vice President at Fabtech, said: 'This milestone partnership with Groupe M represents a pivotal moment in our growth strategy. Dubai Industrial City's world-class infrastructure, including an excellent road network designed for efficient transport of large-scale components, will be instrumental in our expansion journey. We are focused on innovation, particularly within the burgeoning low-carbon nuclear energy sector and aim to continue supporting environmentally responsible industrial growth through this partnership.'
Fabtech's collaboration with Groupe M will help address demand for locally sourced solutions and expedite site support operations. As part of the agreement, Fabtech will also upgrade its existing 2.1 million sq.ft. facility at Dubai Industrial City, in line with its commitment to sustainability and innovation.
'Nurturing homegrown knowledge is crucial for creating a vibrant and sustainable industrial sector,' said Saud Abu Alshawareb, Executive Vice President of Industrial at TECOM Group PJSC, on behalf of Dubai Industrial City. 'Our ecosystem is geared to support innovators and encourage collaborations such as this partnership between Fabtech and Groupe M. By fostering such strategic alliances, Dubai Industrial City's ecosystem is contributing towards the visions of Operation 300bn, Make it in the Emirates, UAE Energy Strategy 2050, and Dubai Economic Agenda 'D33', reaffirming Dubai's and the UAE's leadership in the clean energy sector.'
The agreement builds on strong economic ties between the UAE and France, with bilateral trade exchange between the countries growing 16.8% to reach AED 29.4 billion in 2022. During the 16th session of the UAE-France Strategic Dialogue held in May 2024, senior officials from both countries reflected on successful partnerships and industrial cooperation in areas including renewables and nuclear energy, and explored ways to further expand their cooperation in areas such as new builds and small nuclear reactors.
Fabtech Engineering was established in 2010 at Dubai Industrial City to serve heavy engineering demand in sectors including energy, utilities, food and beverage, and chemicals. Its strategic alliance with Groupe M is expected to accelerate its growth following successful collaborations with energy sector partners.
Dubai Industrial City is home to more than 1,100 local, regional, and international customers as well as 350 operational factories, including industry leaders such as A.P. Moeller-Maersk, Patchi, and Al Barakah Dates. Strategically located close to Al Maktoum International Airport, Jebel Ali Port, an Etihad Rail freight terminal, and key regional roadways, the district features an intelligent masterplan with six sector-specific zones to nurture the circular economy.
Dubai Industrial City is part of TECOM Group's portfolio of business districts that include Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Design District (d3), and Dubai Science Park.
About Dubai Industrial City
Dubai Industrial City is the enabler of regional industrial and logistics excellence established by TECOM Group PJSC in 2004. An interconnected community of more than 1,100 local, regional, and international customers and over 350 operational factories, Dubai Industrial City has contributed to the regional economy for more than 20 years by strengthening homegrown value chains and amplifying the Made in UAE brandmark around the world. A cohesive community offering world-class offices, industrial lands, and storage and logistics spaces, Dubai Industrial City's intelligent masterplan contributes to a robust circular economy across dedicated zones for the metals, machinery, minerals, food and beverage, transport, and chemicals sectors.
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