Middle East 5

Dubai Industrial City achieves great growth in 2007

Dubai Industrial City, the leading industrial destination in Dubai has successfully managed to maximize the use of all its lands in 2007 while achieving a robust growth during the year as it increased its client base to more than 430 industrial investors.

Rashed Al Ansari, Chief Executive Officer of Dubai Industrial City, a member of Tatweer, explained that the third largest non-real estate based project in Dubai has succeeded in leasing increasing amounts of industrial lands to meet the growing market demand.

"2007 was surely a successful year especially that we managed to lease more than 200 million square feet of land till date. We met the increasing demand for industrial land in the emirate by maximizing the use of our land and ensuring high level of efficiency at all times from master planning to actual hand over of industrial plots to clients." He further pointed out that DI attracted international companies and brands that are planning to set up base in Dubai Industrial City to offer unique and innovative facilities that would leverage the city as a leader and hub for the industrial sector across the country.

"We have attracted international clients such as Siemens and DHL, and major brands like Porsche, Aston Martin, Infinity, Audi, and Volkswagen in our automotive zone. These clients will set up innovative facilities and services including specially-designed test tracks for a wide range of vehicles ranging from four wheel drives to high performance vehicles, in addition to modern service centers that will further enhance the level of service and quality offered." He also stressed that Dubai Industrial City "achieved more than AED 1.5 billion in commercial plot sales of lands till date for use as schools, shopping centers, hospitals, residential areas, and recreation and entertainment facilities".

He pointed out that the great demand from investors was a testament on the growth of the industrial activity in Dubai and the unique offerings from Dubai Industrial City.

"We are the first industrial destination that is strategically located and that offers a comprehensive range of commercial and industrial services and facilities. We are close to major highways, in close proximity to Jebel Ali Port and adjacent to Al Maktoum International Airport. This mixture is proving to be very attractive to industrial investors across the region," Al Ansari said.

He noted that during the past 12 months the city launched four office buildings, as well as 1.5 million square feet of warehouses in addition to the Dubai Industrial Academy (DIA), the first vocational industrial training academy of its kind in the UAE.

"We have so far leased three out of the four buildings we launched in June 2007 and have already started leasing warehouses, as of last month to meet the needs of our clients as well as companies across the UAE," He explained adding that transPARK, the logistics provider that DI set up in partnership with Deutsche Post World Net (DPWN), the world leader in contract logistics and the parent company of DHL, Danzas and Exel, was managing all logistic services and operations for the warehouses in DI.

Rashed further noted that DIA was launched in November 2007 and is the first facility of its kind in the UAE that is offering theoretical alongisde practical hands-on training in eight different industrial sectors, serving the entire GCC region.

He said that during 2007, Dubai Industrial City also launched a dedicated permits department in Maqayees, the Dubai centre for industrial standards that is responsible for monitoring and controlling all investor related quality, health, safety and environment (QHSE) issues across the industrial hub.

"The department was set up to facilitate the work of investors as Maqayees is in charge of enforcing the Dubai Quality Mark (DQM) which stipulates defined QHSE systems across the city. Maqayees will be the first point of contact with our clients to help them built and operate their facilities in accordance with DQM and our operational and QHSE guidelines," he explained.

"We have a goal of developing and nurturing a strong and growing industrial base in Dubai and we are right on our target. The launch of our various projects was met with great success and we see demand spurring our growth for the future," Al Ansari highlighted.

Spread over 560 million square feet, the dedicated destination which is designed according to a viable live, work and play concept features six industrial clusters for food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.

Complementary facilities for logistics, warehousing, labour accommodation, industrial training in addition to commercial, residential and entertainment zones position Dubai Industrial City as a comprehensive one stop-shop destination, providing tenants with a critical competitive advantage in the areas of human resources, logistics and business operations. (WAM)

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