His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Silicon Oasis Authority, laid today the cornerstone for the headquarters of the W Motors automobile factory in the Dubai Silicon Oasis, which is being built at a cost of up to 370 million dirhams, on an area of ​​120 thousand square feet, while The production capacity of the factory will reach 200 cars annually.

W Motors reported that the new factory, which will produce sports, electric and self-driving cars, is scheduled to open in early October, noting that the factory will provide the first two years 150 jobs, while it is planned to provide 520 jobs during the next five years.

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Silicon Oasis Authority, said, “Dubai continues to enhance its leadership position as a global laboratory open to the latest technology applications.” He pointed out that “the emirate attracts foreign investments directly, global technology companies and promising emerging companies, and pioneers. Business from all over the world ».

For his part, Ralf Dabbas, the founder and CEO of W Motors, said that "the total investments of the company's factory in the Dubai Silicon Oasis region will reach 370 million dirhams, while the production capacity of the factory will reach 200 cars annually", pointing out that "the factory will be built on An area of ​​120 thousand square feet.
Dabbas added that «the factory is scheduled to open early next October, before the launch of the Expo 2020 Dubai», noting that «the factory will provide the first two years 150 jobs, while it is planned to provide 520 jobs during the next five years».