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UAE Commits to $1.4 Trillion Investment Plan in US Infrastructure, Highlighting Aluminum Smelter Project

Telah Terbit: Mar 31, 2025 16:58
The White House announced that senior officials from the UAE have committed to launching a 10-year, $1.4 trillion investment plan, focusing on expanding the UAE's existing investments in US artificial intelligence infrastructure, semiconductors, energy, and manufacturing. Among these, Emirates Global Aluminium (EGA)'s investment in building a new aluminum smelter stands out as the sole new transaction, which is expected to double domestic aluminum production in the US. EGA, the world's fifth-largest aluminum producer, possesses advanced DX and DX+ pot technologies and became the first UAE industrial enterprise to license core technologies internationally in 2016. The company plans to initiate a pilot project for the next-generation EX pot technology in 2025, with a focus on implementing Industry 4.0 intelligent upgrades.

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