Thursday 28 January 2021

Dubai Industrial City completes $112m infrastructure projects

DUBAI, November 30, 2020

Dubai Industrial City, one of the largest industrial hubs in region, has announced the completion of major construction and infrastructure projects to help its community keep pace with manufacturing and logistics demand in the UAE.
Two highway extensions to Emirates Road have been completed, giving heavy-tow trucks direct access to the major causeway linking Abu Dhabi with the Northern Emirates, Oman and Saudi Arabia, said the statement from Dubai Industrial City. 
By improving the community’s 127-km-long road network, a major part of its enabling infrastructure, the upgrades enhance mobility for more than 750 business partners.
Dubai Industrial City also inaugurated a 14,000-bed worker accommodation village, which brings the total number of available beds in the community to more than 56,000. 
The modern, well-equipped, low-rise buildings comprise living quarters, dining areas, leisure facilities and other amenities.
More than AED410 million ($112 million) has been invested to develop the two projects, both of which have been completed and are now operational.
Since its inception in 2004, Dubai Industrial City has seen indirect investments of more than AED8.4 billion pumped into its ecosystem to create a hub for players in the light and medium manufacturing sectors to set up easily and expand regionally.
On the new projects, Managing Director Saud Abu Al Shawareb, said: "As a strategic driver and enabler of the Dubai Industrial Strategy 2030, we have continued to invest significantly in the development of our world-class infrastructure to strengthen our status as a global platform for knowledge-based, sustainable and innovative industries."
"With competitively priced industrial land, light industrial units and scalable warehouses, our ecosystem offers a cost-effective and efficient business location for light to medium manufacturing and logistics companies," he stated. 
"These organisations continue to harness disruptive technologies and embrace sustainability to fuel long-term growth in Dubai’s industrial sector, which will play a key role in the UAE’s resilience as the economy gets moving again," he added.
According to him, the manufacturing sector is the fourth-largest contributor to the emirate’s economy, and the industry reached a major milestone last year, achieving more than 60% of the Dubai Industrial Strategy 2030’s phase one objectives. 
Dubai Industrial City is a key stakeholder in the initiative and is responsible for two priority subsectors: food and beverage manufacturing, and machinery and equipment, he noted.
With industrial land plots ranging from 50,000 sq ft to 3,000,000 sq ft available for long-term lease with ready infrastructure, electrical power supply, fibre optic cables, a robust storm water drainage system, and access to major highways, Dubai Industrial City continues to enjoy strong demand for its land plots and warehouses, he added.-TradeArabia News Service


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