Logistics supports 400% growth in companies at Dubai South’s Business Park
The Business Park at Dubai South recorded a 400% growth in companies operating in the park since its inception in early 2015 with the number of companies increasing from 900 in 2015 to 4,500 in 2018.
An average of 1,500 new companies have joined the park each year benefitting from an environment that enables and encourages businesses to grow, which is due to the various services provided to tenants and the companies operating in the park.
Some of the services offered by the Business Park to its patrons includes providing the latest technologies and offering a strategic location that is close to both Jebel Ali Port and Al Maktoum International Airport.
Another attractive feature of the park is its state-of-the-art infrastructure that provides various transportation, telecommunications, and logistics services to its customers.
"The directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to launch a series of initiatives that help stimulate the economy, is in line with our approach to enhance the ease of doing business and to simplify procedures for our investors,” says Shoaib Al Rahimi, vice president of the Business Park at Dubai South.
“This approach has made our current business model a success in the global business arena, especially when it comes to facilitating business operations and reducing costs," he added.
Al Rahimi pointed out that the lease space of the park equals 2.3 million square feet, and the offices of the headquarters have all been fully leased out.
Around 65 percent of the first phase of the Business Park had been leased out and the second phase has been available for leasing out since early this year, which reflects the high demand that businesses have for setting up offices there.
Many of the companies that have set up operations in the park are logistics and supply chain-oriented businesses such as Emirates Post, Siemens Postal, Parcel and Airport Logistics, Nestle Middle East, CEVA Logistics and Lagardere Travel Retail Duty-Free.