Middle East 5

Dubai Cargo Village maintains robust growth in 2007

Dubai Cargo Village handled a total of 1.66 million tonnes of freight in 2007 as compared to just over 1.5 million tonnes in 2006, an increase of 10.96 per cent.
DCV has been consistently achieving year on year double digit growth since it was established in 1991.

The months of November and December were the busiest months in 2007 in terms of tonnage with 149,527 and 147,754 tonnes of freight respectively, while February recorded the highest growth over the corresponding period in 2006, at 17.31 per cent, the DCV said in a press release issued on Thursday.

Import, export and transhipment constituted 1.59 million tonnes of the total figure in 2007 while mail and courier rose by 53 per cent over 2006 contributing 77,765 tonnes.

Commenting on Dubai Cargo Village's continuing growth, Ali Al Jallaf, vice president, cargo - Dubai Airports, said the facility is intrinsically connected to Dubai's economy, and reflects the rise of Dubai as the regions business hub.

"Cargo has enjoyed exceptional growth right from the first year the facility was established over a decade and half ago, and has been limited, to certain extent, by available capacity. Soon with the completion of the expansion works in the form Cargo Mega Terminal, I am certain there will be a further spurt in growth of cargo in Dubai." Al Jallaf said that considering the current growth rate, cargo throughput at Dubai Cargo Village is expected to cross 1.8 million tonnes in 2008.

Abdullah Bin Khediya, senior general manager of Dubai Cargo Village, expressed satisfaction with the double-digit growth. "Dubai Cargo Village was ranked 11th on Airport Council International's list of the world's cargo centres last year, up from the rank 61 we occupied on that very list a decade and a half ago. We expect cargo tonnage at DCV to continue growing at the current rate, transforming Dubai from a regional centre to a global hub for cargo and logistics." Bin Khediya said the marketing campaign launched by the management plays an important role in the growth of DCV by highlighting to the international freight industry its facilities and strengths.

He added that the success of the campaign is evident in the increase in the number of cargo agencies and airlines operating at DCV. (WAM)

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