M.A.H.Y. Khoory Group Plans AED 1 Billion Paper Manufacturing Investment in Abu Dhabi
The proposed development at Union Paper Mills' Al Dhafra facility aims to increase production capacity and expand into specialised paper products.
M.A.H.Y. Khoory Group plans to invest more than AED 1 billion in a new paper manufacturing project at Union Paper Mills (UPM) in Abu Dhabi's Al Dhafra region, supporting the UAE's efforts to strengthen domestic industrial production.
The project, known as PM4, will introduce advanced manufacturing technologies to expand the company's production capabilities and enable it to enter higher-value segments of the paper industry.
The planned expansion will allow Union Paper Mills to diversify its product range, including premium containerboard and specialised paper used in gypsum plasterboard manufacturing.
Focus on Advanced Manufacturing and Sustainability
The development is intended to improve production capabilities while incorporating sustainability measures and circular economy principles. These efforts align with the UAE's wider ambitions to develop its industrial sector, increase local manufacturing and encourage more efficient use of resources.
The investment also supports the objectives of the national Operation 300bn industrial strategy and the Make it in the Emirates initiative, which aim to strengthen the country's manufacturing base and enhance the competitiveness of locally produced goods.
Group Targets Long-Term Industrial Growth
Salahaldin Sharafi, chairman of M.A.H.Y. The company said the project marks a major milestone in its industrial expansion, with the goal of enhancing its long-term competitiveness.
Group CEO AbdelRhman Obaid said the expansion would help establish a more diversified and adaptable industrial platform, creating opportunities to grow in regional and international markets.
The planned investment highlights continued interest in expanding the UAE's manufacturing capabilities and developing higher-value industrial products. Once advanced, the project is expected to strengthen Union Paper Mills' production portfolio and support the group's long-term growth strategy.
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