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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Abu Dhabi to start composite aerostructure manufacturing in 2010

Posted on 15 June 2009

From Wam.ae: Mubadala Development Company (Mubadala), the development and investment company that is a catalyst for the economic diversification of the emirate of Abu Dhabi, today announced that construction of its Abu Dhabi Composites plant will start within two weeks and that the plant will be operational next year.
The development of a thriving international aerospace hub in Abu Dhabi, with a focus on knowledge-transfer, technology and innovation, is a key element of the Abu Dhabi Economic Vision 2030. Mubadala is bringing together existing aerospace assets and forming industrial partnerships to build a high technology knowledge intensive aerospace industry for Abu Dhabi………Full Article: Source


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