Zayed noted that approximately 50% of these factories have already been allocated to investors, with the remaining plots expected to be offered over the next two years.
Investors also have the option to combine factory spaces to align with their production capacity requirements.
The initiative also focuses on increasing the output of finished leather products to boost value addition, create job opportunities, and double exports to exceed $300 million annually.
The protocol aims to attract foreign and local investments while fostering internal growth.
During the inauguration, 43 ready-to-operate factories were announced, with unprecedented payment facilities for investors. This is within third phase of Robbiki Leather City which includes 100 factory
