FINANCIAL NEWS

Canada’s Streit Group to expand business in UAE

29 Jun 2014

(MENAFN) Streit Group, the world’s largest armoured vehicles manufacturer, plans to triple the size of its facilities at the Ras Al Khaimah through a land lease deal, according to Arabian Business.

Streit Group, which was established in a rented garage in Canada in 1996, expand its plot to 4.5 million square feet.

The expansion will also include a larger employee accommodation, a bullet-proof glass factory, pre-fabrication facilities, fuelling stations, a helipad, and support manufacturing facilities.

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