Dubai to Develop World's Largest Logistics Hub for Food Trade Shipping Arabia, July 12, 2024 — In a landmark initiative to bolster the UAE’s food trade infrastructure, Sheikh Maktoum bin Mohammed witnessed the signing of an agreement between Dubai Municipality and DP World to develop the world's largest logistics area dedicated to food trade, vegetables, and fruits. The agreement, aimed at connecting the new logistics hub with global markets, will double the size of the current vegetable and fruit market managed by DP World. This strategic development is set to enhance Dubai's position as a key player in global trade and food security. Sheikh Maktoum emphasized that the initiative, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and the oversight of His Highness Sheikh Hamdan bin Mohammed Al Maktoum, aims to provide advanced infrastructure and facilities built to the latest specifications and best standards. This project will create greater commercial and investment opportunities for investors, support the UAE’s food security strategy, and establish Dubai as a premier destination for markets and re-export operations across various sectors. In line with these developments, last March saw the launch of the "Dubai Farms" program by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, and Chairman of the Higher Committee for Development and Citizens Affairs. This program, part of the Dubai Social Agenda 33, is designed to support local farmers with productive agricultural projects, providing a comprehensive package of services and facilities. The "Dubai Farms" program aligns with the goals of the Dubai Social Agenda 33, initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai. The agenda aims to elevate the city’s living standards and services, empower Dubai's citizens, enhance their productivity and economic contribution, and achieve their self-sufficiency and financial independence, ensuring family and social stability. Source: Middle East Economy #DPWorld #UAE #Maritime #Logistics #Dubai
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Why Dubai's Food Security Initiatives Are Good News for Exporters Dubai has long been a hub for global trade, but recent strides in its food security initiatives are creating new opportunities for exporters. With a focus on sustainability and self-sufficiency, Dubai aims to secure its food supply through advanced technologies, strategic partnerships, and infrastructure development. For exporters, this is a golden opportunity. Dubai's commitment to food security means a growing demand for high-quality, reliable sources of fresh produce. The government’s initiatives to streamline import processes, improve logistics, and enhance storage facilities are designed to make Dubai an even more attractive destination for agricultural exports. Moreover, Dubai’s strategic location as a gateway to the GCC and beyond allows exporters to tap into a broader market. With Dubai investing heavily in its agritech sector, there’s a push for innovation that can elevate the standards of exported goods, ensuring they meet the highest quality benchmarks. In essence, Dubai's food security initiatives are not just about meeting local needs—they are about creating a robust, dynamic market where exporters can thrive. By aligning with these initiatives, exporters can position themselves as key players in Dubai’s vision for a secure and sustainable food future. #DubaiExports #FoodSecurity #GlobalTrade #Agriculture #Sustainability #ExportOpportunities #DubaiMarket #Agritech #FoodIndustry #Logistics #FreshProduce #BusinessGrowth
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The world’s largest food trade logistics centre in Dubai: Economic impact and expectations #Dubai is set to establish the world’s largest food trade logistics centre, doubling the size of its fruit and vegetable market. Developed by DP World and Dubai Municipality, this project marks a significant milestone in Dubai's economic diversification. 🌍 With its strategic location and advanced infrastructure, Dubai continues to expand its economy, focusing on non-oil sectors. The new logistics centre will strengthen Dubai's already robust logistics infrastructure, boosting local and international market growth. 📈 As part of the Dubai Economic Agenda D33, this initiative aims to double the overall economy by 2033, raise foreign trade, and expand Dubai’s global reach. The project will create new investment opportunities, generate revenue, and provide jobs, aligning with the UAE's Year of Sustainability initiative. 🌱 By enhancing the food trade market, Dubai is positioning itself as a global hub for sustainable economic growth, attracting businesses and investors worldwide. #Dubai #EconomicDiversification #FoodTrade #Logistics #Sustainability #InvestmentOpportunities #UAE #MiddleEast #GCC
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DP World and Dubai Municipality role in the expansion of the fruit and vegetable market is crucial. The agreement signed between the two entities will manage the development of the world's largest logistics hub for foodstuffs, fruit, and vegetable trade, which will double the current market size. This project aims to create more investment opportunities, enhance Dubai's competitiveness, and support the UAE's food security strategy.The strategic partnership between DP World and Dubai Municipality will introduce a unified trade window for all procedures and the entire customer journey, making it easier for businesses to operate in the market. The initiative aligns with Dubai's broader economic vision to diversify its economy and strengthen its position in global markets.The expansion will also connect the facility to global markets, leveraging Dubai's strategic location and advanced infrastructure to attract major companies and enhance investment opportunities for global companies and youth. This project is expected to boost the emirate's attractiveness as a trade hub, supporting its goal to be a leading destination for markets, export, and re-export operations across various sectors. This development is a monumental step for Dubai's foodstuff trade sector. It not only enhances our market capabilities but also positions us as a global leader in the industry. I look forward to the opportunities this will bring for businesses and consumers alike. https://lnkd.in/dJDuaghq
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Today, DP World celebrated the groundbreaking of its new Agri Terminals facility at Jebel Ali Port, kicking off a transformative journey to enhance food security in the UAE. In collaboration with Adroit Overseas Canada and Al Amir Foods, DP World will invest AED550 million (US$150 million) to construct the state-of-the-art Agri Terminals complex, specializing in storing and processing various agricultural products like pulses, grains, corn, and soybeans. Leveraging DP World’s innovative infrastructure, including pneumatic ship unloaders and advanced conveying equipment, the facility aims to fortify the UAE's food supply chain, aligning with the National Food Security Strategy 2051 and reinforcing Dubai's role in global food trade. The first phase of the project, scheduled for completion in early 2025, underscores DP World's commitment to bolstering food security while solidifying Dubai's pivotal position in global trade. Jebel Ali Port, handling around 73 percent of the UAE's food and beverage trade by value, significantly contributes to the nation's food security program. With the Agri Terminals facility expected to stimulate over AED1.2 billion in new international trade and enhance bulk handling by approximately 750,000 metric tonnes annually, it is poised to play a critical role in Dubai's trade dynamics and food security efforts, reflecting DP World's dedication to resilience and innovation in the agricultural sector. #DPWorld #ground #facility #dubai
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Today, DP World celebrated the groundbreaking of its new Agri Terminals facility at Jebel Ali Port, kicking off a transformative journey to enhance food security in the UAE. In collaboration with Adroit Overseas Canada and Al Amir Foods, DP World will invest AED550 million (US$150 million) to construct the state-of-the-art Agri Terminals complex, specializing in storing and processing various agricultural products like pulses, grains, corn, and soybeans. Leveraging DP World’s innovative infrastructure, including pneumatic ship unloaders and advanced conveying equipment, the facility aims to fortify the UAE's food supply chain, aligning with the National Food Security Strategy 2051 and reinforcing Dubai's role in global food trade. The first phase of the project, scheduled for completion in early 2025, underscores DP World's commitment to bolstering food security while solidifying Dubai's pivotal position in global trade. Jebel Ali Port, handling around 73 percent of the UAE's food and beverage trade by value, significantly contributes to the nation's food security program. With the Agri Terminals facility expected to stimulate over AED1.2 billion in new international trade and enhance bulk handling by approximately 750,000 metric tonnes annually, it is poised to play a critical role in Dubai's trade dynamics and food security efforts, reflecting DP World's dedication to resilience and innovation in the agricultural sector. #DPWorld #ground #facility #dubai
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Food and the culinary art surrounding it have a deep connection that binds people globally. Food has been a tool of cultural exchange since ancient times. This is what moves global food trade; allows countries to access a diverse range of food products that may not be locally available, promotes #economicgrowth and development by creating employment opportunities, generating revenue, and stimulating agricultural production. In 2022, the global food import bill exceeded US$1.95 trillion, clocking a double-digit increase each year highlighting the growing global demand. The UAE, today, is considered one of the most important hubs of global #foodlogistics . The UAE traded food products worth US$35.7 billion in 2022, a staggering 24% higher against 2021, contributing to over 5.7% to the UAEs GDP. The opportunities in the sector are immense for both local and global players as UAE aspires to increase the food trade value by US$10 bn and add 20,000 jobs in the sector in the next 5 years! The thriving trade hub, UAE, is an attractive location for global producers, traders and entrepreneurs looking to establish a new base. · Strategically located between east & the west, acts as a connecting hub. · State of the art logistics infrastructure and multimodal network connectivity. · The diverse consumer base is represented by over 200 nationalities offering a perfect platform to promote international foods and cuisine. · As a tourism hub, the country and the region offer access to a large and fast growing #horeca / Food services market. · UAEs commitment to advancing food security and the directions set to achieve it offers opportunities for investment and partnerships in food production, technology and innovation, #sustainability , skill development and many more areas. Data sources: FAO, UAE Ministry of economy Ghassan Aboud Group AD Ports Group #foodindustry #marketgrowth #Foodhub #uae #opportunities
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Mohammed bin Rashid announces world’s largest logistics hub to boost trade in #foodstuffs, #fruits and #vegetables His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced the development of the Logistics Hub for Foodstuffs, Fruit and Vegetable Trade, the largest such facility in the world, serving the world’s largest market for foodstuffs, fruits and vegetables. This initiative aligns with the emirate's strategies to enhance investment and economic opportunities, thus contributing to the goals of the Dubai Economic Agenda D33, which aims to double the size of Dubai's economy and transform it into one of the top three economic cities globally by 2033. The project also aims to improve quality of life for Dubai's residents and enhance the city's overall attractiveness and livability. Sheikh Mohammed bin Rashid said, “Today, we have launched our plan to develop the largest logistics hub in the world for the trade of foodstuffs, fruits and vegetables. This expansion and doubling of the current market area will support our economic agenda and create larger commercial and investment opportunities. We have entrusted DP World with the management, operation, and development of the market, linking it with markets globally.”.... https://bit.ly/3Ll9AL6 DP World Dubai Municipality #Dubai #Infrastructure #Logistics #UAE #GCC #MiddleEast Via WAM
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Sheikh Maktoum bin Mohammed witnessed the signing of an agreement between Dubai Municipality and DP World to develop the world’s largest logistics Hub for Foodstuffs, Fruit and vegetable Trade, linking it to global markets, and doubling the current size of the fruit and vegetable market under the management of DP World. Sheikh Maktoum stated: “Under the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and the supervision of His Highness Sheikh Hamdan bin Mohammed Al Maktoum, we strive to provide advanced infrastructure and facilities with the latest specifications and best standards, create greater commercial and investment opportunities for investors, support the UAE’s food security strategy, and make Dubai a destination for markets, export, and re-export operations for the region and the world in various sectors.” Read more: https://lnkd.in/dfywBvdY #UAE #Dubai #Economy #GlobalMarket #Trade #Logistics
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Dubai is set to establish the world's largest food trading logistics center, as His Highness Sheikh Mohammed bin Rashid, Ruler of Dubai, announced the creation of the Logistics Hub for Foodstuffs, Fruit, and Vegetable Trade. The agreement was signed between Dubai Municipality and DP World to double the current size of the fruit and vegetable market, which DP World will develop and manage, connecting it to international markets. This initiative supports Dubai's strategic goals to boost investment and economic opportunities, aligning with the Dubai Economic Agenda D33. Read more here: https://lnkd.in/dRATgKC2 #Dubai #EconomicGrowth #GlobalMarkets
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In the ever-evolving landscape of international trade, the import-export business of fruits and vegetables plays a pivotal role. 🌍 I've been delving into the fascinating dynamics of this sector, and the scale of involvement is truly remarkable. 📊 Did you know that a multitude of businesses worldwide engages in the import-export of fruits and vegetables? From large-scale agribusinesses to specialized distributors, the spectrum is vast. This sector not only fuels global food supply chains but also provides economic opportunities for growers, traders, and entrepreneurs. 🚢 The logistical intricacies are noteworthy, involving efficient transportation, storage, and distribution networks. With advancements in technology and a growing focus on sustainability, businesses are navigating challenges while contributing to the global availability of fresh produce. 🔄 Samar Fresh ! 🌱🌎 #GlobalTrade #ImportExport #AgricultureBusiness #SupplyChainInsights #Dubai #SamarFresh
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