GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Others

 
  Share

UAE economic growth boosting logistics sector says Bin Sulayem 

Dubai, 17 September 2017:  Recent forecasts for growth in UAE trade are set to benefit the country's logistics sector according to DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem. 

A BMI report published recently forecasts a steady rise in trade of 4.35 percent year on year in 2017, driven by a 5 percent growth in imports and exports of 3.7 percent. The report sees positive economic growth for the UAE over the next five years due to government plans to diversify the economy through the development of trade, the service sector and tourism. Mr Bin Sulayem believes these trends will further encourage prospects for the logistics, warehousing and handling sector increasing demand and attracting more businesses to the country who will need logistics support. 

He highlighted the importance of the logistics sector in Jafza, and Dubai as a pillar of the economy with trade partners in the GCC, West Asia, Africa, India and China broadening the opportunities for logistics companies operating in the Free Zone. The strategic location of Jebel Ali Port and the Free Zone with modern warehouses and a range of incentives supports the development of transport and logistics sector with companies aiming to reach their target markets in the greater MENA Region.

There are currently 328 logistics companies from 29 countries operating within Jebel Ali Free Zone. They lease 4.2 million square meters of mixed use facilities, including 4.13 million square meters as land; 85,700 square meters of warehouse and light industrial units and 1600 square meters of showrooms and offices.

Mr Bin Sulayem, said: “The ongoing investments and expansions at Jebel Ali Port and Free Zone aim to maintain our competitiveness globally, strengthening the country's position as a global and regional business hub and a centre for trade. This will open up new markets for companies operating in Jafza and Dubai.”

Jafza recently launched 110 new rental warehouses to meet the integrated needs of the supply chain and logistics sector, enabling companies to improve their distribution to regional markets and to serve their logistics requirements. These include the iron and building materials sector; fast-moving consumer goods companies, electronics and auto parts businesses. The new warehouses are divided into two sections: 51 warehouses with an area of 702 square meters and 59 warehouses with an area of 349 square meters, allowing companies to choose space to suit their needs.



Posted by : GoDubai Editorial Team
Viewed 20886 times
Posted on : Sunday, September 17, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story :
Next Story :
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
The FW18 Trend Report From Weill Paris
Climax Mascara Never Fake It
Discover the Secret to Younger-looking, Radiant Skin
Keep your skin looking healthy and hydrated, naturally
Jessica Kahawaty in Dubai to Celebrate the Launch of SUKIN, Australia's No.1 Nat...
LOOTAH Perfumes brings a collection of delicate scents to fulfill the needs of t...
Brow Contour Pro 4-in-1 defining & highlighting brow pencil
The Balmain Haute Elegance Oval mirrors the brand's soul
BodyO launches officially its AiPod for a full body check-up during the Gitex Fu...
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
Get flawless skin with Rodial's new Booster Drops
Johnson's launches Fresh Hydration Range – Cleansed, hydrated skin in just #OneSwipe
The World of Aigner Wunderkammer
Lexus Design Award 2019 open for entries
Elegant and feminine new Mini Bubble set to make a big splash
Trend Alert! Giddy up on the best platform with your new horse-inspo ensemble fr...
Manero Peripheral (43 Mm) Classic Watchmaking Meets State of,the Art Technology
Introducing the GUESS Jeans Fall 2018 Collection'
Curate your perfect Autumn Winter wardrobe, with Robinsons
Dubai Shopping Festival Returns With Much-awaited Mega Raffles
Corum Heritage Eleganza- Dedicated to the stylish woman
Daniel Craig Brings the Diver 300m to the Surface
DS Podium Chronograph 1/100 sec
Mohammad Abdullah, President of Dubai Institute of Design and Innovation (DIDI)
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch'
Joyalukkas Celebrates the Festival of Light with Irresistible Offers
OMEGA gets set to time the Youth Olympic Games Buenos Aires 2018
Malabar Gold & Diamonds to triple number of outlets to 750 and raise Group turno...
With more collections and a more spacious car parking, Kalyan Silks moves to El...
Global Report Reveals That the “Feeling of Home” Is Moving Beyond Four Walls
Sharjah Government pavilion highlights digital transformation of Sharjah at GITE...
Fifi & Friends - Now available at more outlets across the UAE
Kibsons Expand Vegan Range
Health Shield Medical Center to Celebrate Women of the Capital
AXOR is the official partner for bathroom fixtures of the Design Hotels™ brand
Lacoste Introduces the Keep Playing Collection for Women
Halloween “Catwoman” mask using BROW products
The Ford F-150 Raptor: Your Ultimate Partner for Off-Road Adventure
Nokia smartphones serves first slice of Android™ 9 Pie on the award-winning Noki...
Emirates Airline Dubai Rugby Sevens 2018 FactSheet
Sharjah Girl Guides Unleash their Power on International Day of the Girl Child
Festival Plaza Announces Lulu Hypermarket at New Lifestyle Destination
SIBF 2018 Invites Young Visitors to the Wondrous Land of Edutainment
Western Digital powers AI-enabled storage for futuristic surveillance and security
Nissan to Make Official On-track Formula E Debut
Toyota's legendary King goes urban with the 2019 Land Cruiser Grand Touring Edition
CITIZEN Unveils 100th Anniversary Limited Edition Collection
UAE Toastmasters community to host the world champion of public speaking
BOLLYWOOD PARKS™ Dubai introduces 11 new shows with a new line up of performance...
Provacuno - Spain's largest Inter-professional Association introduces Spanish Be...