Dubai – MENA Herald:
DP World UAE Region’s strategic solutions and services have consistently catered to the automotive and spare parts sector, driving forward economic diversification in line with the UAE government goals.
The trade enabler has been a leading player in developing and facilitating the nation’s automotive sector since its inception, proving it to be the preferred trade hub in the region. Jebel Ali Port saw 54 per cent of the regional throughput, while Jebel Ali Free Zone (Jafza), has accounted for 48 per cent of Dubai’s total trade value with over 550 companies in over 60 countries for the sector in 2018.
In addition, Jebel Ali Port has emerged as the UAE’s leading hub for used cars and spare parts segments, accounting for 78 per cent of the country’s used car imports and generating AED 31.8 billion through spare parts trade.
Mohammed Al Muallem, CEO and Managing Director, DP World, UAE Region, said:
“The automotive and spare parts sector are core segments that are leading drivers of economic diversification in the country. DP World, UAE Region is committed to helping the industry reach its full potential through our bouquet of world-class services and solutions. We offer our customers the most robust infrastructure for automotive trade in the region, and our value proposition is conveyed by the industry-leading services we provide to the companies registered with us.”
“The integrated multimodal hub we have created with Jebel Ali Port and our Parks and Zones which include Jafza, Dubai Auto Zone (DAZ) and National Industries Park (NIP), is designed to accommodate door-to-door logistics services. These services provide our clients with access to over 3.5 billion customers with export opportunities in over 150 countries, which includes some of the most dynamic emerging economies. We strive to always serve the demand chains in the world today by delivering the best value at the lowest cost.”
DP World, UAE Region boasts some of the most advanced facilities for the automotive and spare parts industry in the GCC. Both Jebel Ali Port and NIP feature multi-tier parking facilities with capacities of over 12,000 CEU (Car Equivalent Units), while Jebel Ali Port itself holds over 27,000 CEU with an annual capacity of one million units. Jafza offers over 1.4 million sqm in combined facilities, supporting over 8,500 port customers.
The port’s RoRo facilities are bolstered by its close proximity to Al Maktoum International Airport connected by the Dubai Logistics Corridor and thereby providing ease to customers by its convenient access to rapid multimodal solutions to transport cargo.
Jebel Ali Port and Jafza prove to be significant drivers for economic growth in Dubai, accounting for 33.4 per cent of Dubai’s GDP. Jebel Ali Port is the 11th largest container port globally, having handled 15 million TEU in 2018 and has the most technologically advanced terminals in the region. Jafza is the primary source of foreign investment into Dubai, accounting for over 23 per cent of total FDI inflow into the city.