UAE holding company Dubai Investments is in talks with local and international firms to set up an aluminum rolling plant at an investment of up to 120 million, reported the Gulf Daily on Monday.
A company official said the plant, which will be built at Dubai Investments industrial park, would have an initial capacity of 40,000 tons a year.
"We are talking with a number of local, regional and international investors. But we have not concluded any deal yet," the official said - Albawaba.com