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Industrial Ventures
January 25, 2025

Neofabs Secures Major Construction Contract in Middle East

Neofabs has been awarded a $50 million contract for an innovative construction project in Dubai.

Neofabs Secures Major Construction Contract in Middle East

Neofabs, an IOXN Group company specializing in advanced manufacturing and construction solutions, has secured a $50 million contract for a major construction project in Dubai. The project involves the development of a state-of-the-art commercial complex using Neofabs' proprietary sustainable construction technologies.

The contract represents one of the largest projects in Neofabs' history and significantly strengthens the company's presence in the Middle East market. The project is expected to be completed within 18 months and will showcase Neofabs' innovative approach to sustainable urban development.

"This contract is a testament to Neofabs' growing reputation for excellence in advanced construction solutions," said the company's CEO. "We're excited to bring our innovative technologies to this prestigious project and further establish our presence in the Middle East."

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