Company provides 360-degree security solutions with cutting edge technology
In a recent virtual ceremony, STREIT Group, the world’s leading privately-owned armoured vehicle manufacturer, announced the launch of Phase-3 of its ongoing expansion project.
Graced by the presence of Sheikh Ahmed Bin Saqr Al Qasimi, Chairman, Ras Al Khaimah Economic Zone (RAKEZ), the 30-year-old group announced its endeavours to meet the ever-growing global capacity demand.
In line with its vision to offer innovative 360 security solutions with cutting edge technology, Phase-3 will see the construction of six additional buildings, increasing the existing 86,000sqm by 65,000sqm.
Phase-3 includes a 18,000sqm body fabrication facility; a 19,500sqm incomplete chassis parking; a 15,000sqm building to host R&D, a state-of-the-art showroom and a training academy; a 7,800sqm vehicle-based production facility and a 7,300sqm finished product storage area among other facilities. The project is expected to be completed by the close of Q1-2021.
“We have seen an increase in demand for our products and services with a push towards developing high-tech products. Our expansion aims to meet this demand, and deliver on our promise to continue being the leading private armoured vehicle manufacturer’, affirmed Guerman Goutorov, Chairman, STREIT Group.
STREIT Group armoured vehicles are deployed by armed forces globally and are known to have saved countless lives of people around the world especially in high-risk situations. All vehicles undergo internationally recognized ballistic and impact testing, with a 100% safety track record.
