📋 Tender Overview
Scope of Work:
Construction of Brewery-cum-distillery project in Ras Al Khaimah.
Description:
The two-phase project spans 25 acres with one-third of the land allotted to spirits blending with the remaining area allocated for the bottling plant and the brewery. Phase 1 comprises a blending and bottling plant and a large commercial brewery with a monthly production capacity of 100,000 cases and 300,000 cases respectively. In Phase 2, the bottling line production will triple to 300,000 cases while the brewery production will double to 600,000 cases. The total project value (when completed with Phase 2) will be around $65 million - the breakup is around $45 million assigned to the brewery and $20 million for the bottling unit.
Work has started on the compound wall and on water and electricity utilities. Nirman Consultants is the project architect while Middle East Engineering Consultants is the main civil/MEP contractor. Construction will start simultaneously on both plants. The spirit bottling will take around nine to 10 months to complete while the brewery is a larger project with a complex construction process. They estimate a timeline of about 18 to 20 months and expect to finish construction by the beginning of 2026. In the first year of operations, the production capacity will be approximately around 65 percent and will go up to around 85 percent by the second year. In the third year, will go in for an expansion and double the production levels by 2028; only additional tanks would be required in this phase as will finish the design, construction and utilities in Phase 1 itself.
The project is being funded through a debt equity model with 30 percent equity from promoters and 70 percent debt from financial institutions. Phase 1 funding requirement for the brewery is estimated at around $30-35 million.