He succeeded in the “security and safety” industry, and exported to 10 countries
Al Bakri advises entrepreneurs to rely entirely on themselves in managing their projects
Majed Abdulaziz Al Bakri: "Strong UAE government contracts strongly supported the project's position, despite the external slowdown."
The National Factory for Security and Safety Products received funding from the Khalifa Fund for Enterprise Development.
From the source
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The Emirati entrepreneur, Majid Abdulaziz Al-Bakri, managed to enter a delicate and very difficult field of work, which is the manufacture of security and safety products, but he was able to succeed in it, producing 140 products in 15 different fields, obtaining government contracts, and exporting to more than 10 European and Arab countries.
Al Bakri told "Emirates Today", that the project faced several challenges after the "Covid-19" pandemic, due to the lack of demand from outside the country, due to the closures that lasted for long periods, advising entrepreneurs to rely entirely on themselves in managing their projects, and to continue working in them in a manner Durable, familiarity with all the finer details of projects.
He stressed that the strong government contracts that he obtained strongly supported the position of the project, especially as they are long-term contracts, despite the external slowdown facing the project, calling on the private sector to support entrepreneurs and rely on Emirati products that have proven highly efficient at home and abroad.
national factory
In detail, the Emirati entrepreneur and owner of the "National Factory for Security and Safety Products" project, Majid Abdulaziz Al-Bakri, said that the factory produces 140 products in 15 different specialties, used in the military and civil sectors, most notably: energy, oil and gas, aviation and airports, contracting, and industry. , agriculture, electricity and water, and others.
Al Bakri explained that he obtained a loan from the Khalifa Fund for Enterprise Development in 2011, and established the factory within about two years, in addition to purchasing and installing the equipment needed for production within a period of about 18 months.
Project Challenges
Al-Bakri stated that he faces many challenges in his project, most notably the intense competition with major manufacturers, especially in Europe and Asia, in light of the low prices of some Asian products in this field, as well as the need to manufacture with high efficiency, given the use of these products in important areas related to ensuring the life of man, and not to be exposed to any bodily harm while working
He pointed to another challenge related to the length of sales procedures for dealers, given that these products need to be tested for long periods of time, up to several months before purchase contracts, which requires sufficient liquidity for a long period of time at the project.
He added that the project faced several challenges due to the Corona Virus (Covid-19) pandemic, and the decrease in demand by dealers outside the country, due to the closures that lasted for long periods, and the resulting stoppage of work in many projects, which led to a significant decline in sales.
government contracts
Al Bakri revealed that despite the intense competition he faces, he has managed to sign important government contracts within the country, in addition to exporting to several European countries, most notably Switzerland, the Netherlands, Germany, and Belgium, as well as exporting to many Arab countries, such as Egypt, Morocco, Jordan, Lebanon, Saudi Arabia, Kuwait, Yemen, and others.
He stressed that the strong Emirati government contracts that he obtained strongly supported the project's position, especially as they are long-term contracts, despite the external slowdown that faced the project, noting that the government sector supports entrepreneurs and small projects.
Al Bakri called on the private sector to support entrepreneurs and the national economy, and to rely on locally made Emirati products, noting that these products have proven highly efficient inside and outside the country, which requires their support, especially in these difficult times.
Work tips
The Emirati entrepreneur, Al Bakri, advised entrepreneurs to rely entirely on themselves in managing their projects, constantly following up on work, being familiar with all the finer details of projects, and collecting information about every small and big thing at work.
He said that he works tirelessly, on a daily basis, including vacation days, to ensure that the work is completed accurately, and in accordance with the required standard specifications.
Precision production
The Emirati entrepreneur, Majid Abdulaziz Al-Bakri, stressed that work in the field of security and safety is very delicate and highly sensitive, indicating that more than 30 different raw materials are used in the manufacture of these products, most notably iron and plastic, pointing out that work needs strict adherence. With more than 20 local and international standards, to manufacture products with high efficiency.
He said that the specialized products protect against the intrusion of heat, moisture, chemicals, water, petroleum, solid materials, and others into the human body.
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