His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Silicon Oasis Authority, laid the foundation stone for the headquarters of W Motors in the Dubai Silicon Oasis; the globally recognized free zone and integrated technology park that hosts modern technology-based industries. Our colleague Karim Deeb was present at the event.
This is the first W Motor facility in the Middle East region and in the United Arab Emirates, and the project will cost about 370 million UAE dirhams, as it will include assembly lines for prototypes manufacturing, design and engineering facilities, and research and development centers.
“As Dubai continues to consolidate its position as an international testing ground for state-of-the-art technology, it is attracting foreign direct investments, international tech companies, promising start-ups, and innovative entrepreneurs from around the globe. As the comprehensive geo-economic map of the emirate is being developed by the Dubai Free Zones Council, in line with the “Fifty-Year Charter” launched earlier this year by Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which will accelerate the drive for further economic diversification and give it more momentum, free zones like Dubai Silicon Oasis continue to be the hub of choice for cutting-edge companies looking for advanced business ecosystems that provide full traction for launches and growth locally, regionally, and globally,” said Sheikh Ahmed.
The event was also attended by Dr Mohammed Al Zarooni, vice chairman and CEO of DSOA and Ralph R Debbas, W Motors founder & CEO.
The new facility, the first of its kind in the Middle East, embodies the vision of W Motors founder and CEO Ralph Dabbas to make further progress towards sports car manufacture in the region.
The first phase of the project is set to be completed by 2020 and is expected to spread over 120,000sqft in Dubai Silicon Oasis. After that, the production of all W Motors vehicles will move to this location including the limited series Fenyr SuperSport which was test-driven in detail in an episode of Test Drive program.