RIYADH: UAE-based RAK Ceramics looks to affirm its presence in Saudi Arabia, with the opening of its first manufacturing facility by 2025.
Land for the project has already been allotted, with all other licensing procedures set to be completed in the next 12 months, a top company official told Gulf News.
“Three years – that’s how long it should take for production to commence,” said Abdallah Massaad, Group CEO, RAK Ceramics.
The Ras Al Khaimah-headquartered ceramic brand, which recorded nearly 26 percent growth in the second quarter sales over the previous year, looks to strengthen its presence by securing highly profitable projects and expanding its retail footprint.
The launch of a local manufacturing unit is expected to catalyze its retail footprint within the Kingdom.
