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Friday, November 27 - 2009

DLC courts the power of the dragon

  • United Arab Emirates: Saturday, August 26 - 2006 at 08:36
  • PRESS RELEASE

Dubai Logistics City (DLC), has stepped up its courtship of Chinese investment to capitalise on the UAE's trade with the Asian powerhouse topping US$10 billion last year.

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  • Proffitt: Focus on developing strong partnerships
    Proffitt: Focus on developing strong partnerships
DLC, the logistics 'hub' boasting unrivalled infrastructure, will woo the 'market of the future' at Air Cargo China 2006 - promising to link the large consumer markets of the West to Eastern emerging markets.

"With the value of trade between China and the GCC above the US$30billion mark for 2005, and China's domestic and international air cargo market forecast to develop at a rate of 12-15% per annum over the next 15 years, we continue to focus on developing strong partnerships and trading links,"

said Michael Proffitt, CEO, DLC.

Although oil remains a focal part of the strengthened ties between the Chinese consumer and the Middle East suppliers, with an estimated 69.4% of China's crude requirements until 2020 sourced from Arabian wells, the relationship is mutually beneficial.

"The Chinese and Middle East economies enjoy a symbiotic relationship at present - the yin of manufacturing complemented by the yang of consumerism if you will. Dubai has even gone so far as too actively court Chinese manufacturers to set up shop in the Emirate's dedicated Dragon Mart complex.

"DLC's unique value proposition is as a logistics hub for the Greater Region, covering CIS, Indian sub-Continent, Middle East and Africa, for those Chinese manufacturing and production companies looking to increase efficiency within their supply chains through improving customer service and reducing costs" commented Proffitt.

China's US$1.5 trillion economy is projected, by its own Government, to grow to US$4 trillion by 2020, maintaining the rapid developments which have occurred in the automotive, electronics, telecommunications, electrical appliance, pharmaceutical, fashion and food industries - creating vast opportunities for the air cargo players and freight forwarders.

Proffitt added, "DLC's eventual capacity to handle 12 million tonnes of air cargo in 16 dedicated terminals not only provides Dubai and China the basis to contemplate a continued working relationship in all matters trade, it may yet become the lifeblood from which the ties evolve to an even greater level."

Air Cargo China 2006 is being held in conjunction with the FIATA World Congress, bringing together up to 1,500 senior executives from leading global freight forwarders, transportation companies and heavyweight manufacturers such as: DHL Danzas, Nippon Express, Kuehne + Nagel, Air China, Cathay Pacific, Dell China, Johnson & Johnson, Volkswagen and Shanghai Automotive.
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Notes and media contacts

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, President of the Dubai Department of Civil Aviation, Government of Dubai and Chairman of the Emirates Group.

For more information: Please contact
Gladson Ronad at MCS/Action,
PO Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960;
Fax: +9714 390 8161

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