Dubai Cargo Village Cargo grows 15.48 per cent in Nov 2006

The Cargo Village handled a record 134,451.18 tonnes for the month of November 2006 as compared to 116,426.13 tonnes in November 2005.

Dubai Cargo Village handled a record total of 1,367,603.73 tonnes form January to November 2006 as compared to 1,199,682.60 tonnes during the same period in 2005, a growth of 14.00 per cent. It registered a robust 13.84 per cent growth between January and November this year as compared to the same period in 2005. The facility handled last month 128,799.05 tonnes in Import-Export cargo as compared to 113,633.52 tonnes in November 2005, a growth of 13.35 per cent.

Transhipments at the Cargo Village have also gone up, from 63,065.03 tonnes during the month last year to 72,979.40 tonnes in November 2006, up 15.72 per cent. The figures also show that the total volume of courier and mail increased from 2,792.61 in November last year to 5,652.13 in November 2006, a growth of 102.40 per cent.

According to Ali Al Jallaf, Director, Dubai Cargo Village, the continuing growth of the DCV offers a compelling reason for a major expansion project. "In line with the growth forecasts, which indicate that additional major cargo handling facilities will be required in order to satisfy the rising demands over the coming years, the AED1 billion first stage of the Cargo Mega Terminal is already under construction while some parts of the phase are already complete," he explained. He added that the Mega Terminal will eventually be able to handle an estimated 4 million tonnes of freight annually by the 2018. The first phase of the Cargo Mega Terminal, expected to be complete by end of 2007, will add 1.2 million annual tonnes to DCV's capacity taking it to over 2 million tonnes.