According to the company's statement, the project will focus on the reconstruction of the facility located in the Musaffa industrial area, including the installation of upgraded equipment and automated production lines aimed at improving work efficiency and product quality. It is expected that after the modernization, the plant's production capacity will be about 700 tons of rebar per day.
The move reflects ongoing efforts by local building materials suppliers to modernize steel processing operations to meet the demands of the construction sector, as reinforcing steel remains a key driver for infrastructure and real estate development in the UAE. The investment comes amid weaker recent financial results: BILDCO's revenue for 2025 was 46 million dirhams ($12.5 million), down from 52.4 million dirhams in 2024, and its net result decreased to 24.5 million dirhams, down from a net profit of 12 million dirhams a year earlier.
