UAE strengthens its industrial investment with the launch of the SC GCC Real Estate Industrial Development Fund, GRID. SC Capital Partners, based in Singapore, co-sponsors the fund alongside CapitaLand Investment Limited, which holds a 40% stake in SC Capital Partners. The fund supports Ras Al Khaimah’s transformation with a flagship industrial project covering 300,000 square meters. It expects to attract over 50 tenants and create 1,800 jobs.
The project will develop land in the Ras Al Khaimah Economic Zone. SC Capital Partners collaborates with THi Holding Management Corporation, which acts as development manager, asset manager, and operator. Together, the three partners form a consortium combining global investment expertise with local real estate capabilities. Consequently, the fund aims to deliver strong long-term growth.
The initiative aligns with the UAE’s growing industrial and logistics sectors. Rising e-commerce, government-led Industry 4.0 initiatives, and increasing global trade support industrial investment across the country. In addition, the project aims to attract high-tech and smart manufacturing enterprises from Asia, creating innovation hubs and strengthening supply chain resilience.
The consortium plans to transform 300,000 square meters in Ras Al Khaimah into a next-generation industrial park. Tenants will focus on renewable energy, electric vehicles, and advanced materials. This approach fosters innovation, builds resilient industries, and positions Ras Al Khaimah as a regional industrial hub. Moreover, the park will serve as a key link in global supply chains.
SC Capital Partners highlighted that this inaugural GRID fund marks a milestone in its expansion strategy. By combining expertise with THi’s development capabilities, the consortium aims to create high-quality industrial assets. In addition, CapitaLand Investment Limited emphasized that co-sponsoring GRID allows it to connect global capital with GCC investment opportunities efficiently.
The fund has also identified potential development opportunities in Abu Dhabi and Dubai. These industrial zones serve as anchor markets for long-term growth. Consequently, the fund aligns with the UAE’s goals for economic diversification, advanced manufacturing, and global connectivity. Industrial investment in the region now benefits from strong collaboration and clear strategies.
Overall, as the UAE continues developing its industrial landscape, industrial investment remains a strategic priority. The fund encourages both local and international investors to participate, supporting sustainable growth and reinforcing the country’s position in global markets.
