Mulk Holdings, a manufacturing conglomerate based in Sharjah, is investing up to US$1 billion (Dh3.67bn) in an ambitious expansion project in the UAE, Europe and Asia over the next two years.
The company plans to set up a facility in Abu Dhabi's Khalifa Industrial Zone (Kizad) with two other joint venture partners to make aluminium components, said Shaji Mulk, the company's chairman.
It is also planning to increase the capacity of an existing plant in Serbia as well as new projects in Turkey and India.
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