Delivering a lecture titled “Strata and the aviation industry in Abu Dhabi from vision to reality”, Homaid Al Shemmari, executive director of Mubadala Aerospace’s Business Unit, says “Our investments in Strata is about Dh850 million and we have contacts of Dh7 billion until 2020.”
Al Shemmari added: “We are eyeing an increase in aeronautical industries’ contribution to Abu Dhabi’s GDP from 1% to 3% by 2030. We also plan to create up to 10,000 new jobs by 2030 as Strata is transforming itself into an aviation hub.”
“Strata’s 230,000ft²t facility is located at the Al Ain Aerospace Centre at Abu Dhabi’s Al Ain International Airport,” he points out.
“The steady and rapid upsurge in contracts from the world’s largest planemakers reveal that the Dh850 million factory project is starting to pay off,” he says.
“Since inception in 2009 and within 18 monhts, the first parts were produced. We produce structure which is lighter and stronger than traditional aluminium in order to allow airlines to save weight and burn less fuel. Each piece is tested with giant ultrasound scanners for invisible flaws,” remarks Al Shemmari.
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