Al-Futtaim Logistics to expand Dubai warehousing
Al-Futtaim Logistics (AFL) has signed a three-year agreement to acquire 32 warehousing units at Dubai Industrial City, a member of Tecom Investments Manufacturing and Logistics Cluster.
With a total area of 30,720 sq. metres, the warehouses have a capacity to store over 30,000 pallets. The core purpose of the facility is to provide AFL with a complete logistics and distribution solution, solely dedicated to the group's key retail client, Ikea, which has outlets at Dubai Festival City and Yas Island in Abu Dhabi.
Abdullah Belhoul, managing director of the manufacturing and logistics cluster at Tecom Investments, said: "We welcome Al Futtaim Logistics to Dubai Industrial City and look forward to nurturing a long-term business relationship. Our association with AFL is in line with our strategy to support and develop the industrial and warehousing sectors in Dubai and the UAE.”
"The presence of Al Futtaim Logistics at Dubai Industrial City will add further value to our business partners. Offering a total capacity of seven million sq. feet of built up warehousing units, Dubai Industrial City is in a strong position to cater to the high demand and growing needs of this expanding sector," he added.
The 560 million sq. ft. dedicated industrial destination comprises six clusters featuring food and beverage, base metal, mineral products, chemicals, transport equipment and parts, as well as machinery and mechanical equipment.
Located near Jebel Ali Port and adjacent to the new Al Maktoum International Airport, overlooking the main transport gateways and mid-way to Abu Dhabi, Dubai Industrial City's state-of-the-art warehouse facilities incorporate the highest design safety level.