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Abu Dhabi: Aldar Properties, the renowned Abu Dhabi-based international property developer, established a joint venture with Ready-mix Abu Dhabi a Readymix concrete company creating Aldar Readymix LLC.
The joint venture firm will become the primary concrete supplier to Aldar with a capacity of 15,000 cubic metres per day and supply concrete to Aldar's Al Raha Beach development, the Central Market, and the Yas Island destination.
"This partnership will ensure that the concrete used for our development projects is of the highest possible quality.
"Forming alliances with the best companies guarantees a shared vision in creating world-class destinations for the capital city and for those who will be visiting and living in these communities," said Ronald Barrott, CEO of Aldar Properties.
Al Raha Beach alone currently has four on-site concrete batching plants with a total production output of 6,000 cubic metres per day.
Aldar Readymix plans to add another eight plants before the end of 2008, bringing the total production capacity to well over 15,000 cubic metres per day.
"This alliance has many benefits for both parties including creating a secure and proper supply chain, which will allow Aldar Properties to get all its requirements on time, and remain on schedule throughout their projects," said Yousuf Al Hage, General Manager of Aldar Readymix.
"In addition, creating this supply chain allows Readymix Abu Dhabi to exercise strict quality control over the complete cycle of its operations, from the selection of the raw materials up to the delivery of the concrete to the contractors' sites," he added.
Aldar Readymix plans to add another eight plants this year, bringing the total production capacity to well over 15,000 cubic metres per day
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