As the undisputed auto aftermarket hub of the Middle East, Dubai has the leading role to play in driving an estimated regional market worth in excess of US$18billion and accelerating average annual growth rates of over 10%, says Dubai Logistics City (DLC), CEO, Michael Proffitt.
DLC - at the core of Dubai World Central, the 140 square kilometre urban aviation community being built in Jebel Ali, just 40 kilometres from Dubai city centre - with customs bonded access to Jebel Ali Port and Free Zone, "is just the project to take on the mantle of maintaining such monumental market growth," commented Proffitt at this week's Middle East Auto Aftermarket Conference 2006.
"The continuous growth in automotive sales in Dubai, and across the GCC, can only further encourage aftermarket demand.
"With the emirate's flourishing import, export and re-exports market showing no signs of slowing, the question is to what level the growth will reach before a lack of space curtails it," said Proffitt.
"With Dubai Logistics City, we are answering that question."
"Our unique business proposition and strategic location provide innovative logistics solutions to these dilemmas, such as more efficient sea-air connectivity between Europe and Asia and the knock-on reductions in time-to-market capability for industry manufacturers, suppliers and purchasers," said Proffitt.
"This level of outsourcing allows auto aftermarket clients to concentrate on their core business in the knowledge they are supported by dedicated logistics providers acting as operations agents and offering third party customer service. The added bonuses of moving from an in-house service are the freeing-up of capital investment and personnel costs. DLC's facilities truly make good business sense for companies looking to solidify, or launch, their presence in the market."
DLC is a component of the vast Dubai World Central aviation community, which includes the world's biggest airport - Dubai World Central International (JXB). DLC, together with Jebel Ali Port and Free Zone and JXB, combines all transportation modes, logistics and value-added services, such as product manufacturing and assembly, in a single-bonded free zone environment.
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DLC to drive Emirate's auto aftermarket growth
- United Arab Emirates: Tuesday, November 28 - 2006 at 14:58
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Current industry trends indicate many third party logistics providers are now targeting the automotive industry - by keeping pre-set levels of inventory in stock, providers can get it to the market quicker, improving turnaround time and heightening customer satisfaction.
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About Dubai Logistics City:Dubai Logistics City (DLC) will be part of the world's first truly integrated multi-modal logistics platform in a single-bonded free zone environment made up of DLC, Dubai World Central International Airport (JXB), Enterprise Park and Jebel Ali Port. It is designed as the region's unchallenged logistics hub catering to some two billion people throughout the Middle East, Indian Sub-continent, Africa and the CIS, all within three-to-four hours flying time from Dubai.
About Dubai World Central:
Dubai World Central (DWC) is a 140 square kilometre urban aviation community centred around the world's largest international airport. Currently being built 40 kilometres from the existing Dubai International Airport the project is almost twice the size of Hong Kong Island.
DWC creates a new benchmark in urban planning and destination living designed to support Dubai's aviation, tourism, commercial and logistics requirements until 2050 and represents one of the most important developments in the history of the United Arab Emirates.
Eventually home to 750,000 people, DWC will be true 'city-within-a-city' with all the amenities that make up a world-class residential destination.
DWC, with infrastructure costs estimated at US $33 billion, comprises six specialized clustered zones: Dubai World Central International Airport (JXB), Dubai Logistics City (DLC), which also includes a dedicated aviation area, Commercial City, Residential City, Enterprise Park and a 36-hole golf resort.
DWC is backed by the Government of Dubai and is chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman, Dubai Aviation Corporation - Dubai World Central.
For more information: Please contact Euan Megson at MCS/Action, PO Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960;
Fax: +9714 390 8161.
Posted by Lara Lynn Golden, News EditorTuesday, November 28 - 2006 at 14:58 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Sat May 26 2007.
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