JLL says rise in e-commerce and subsequent digitisation of the supply chain industry are major factors fueling growth and investor interest
The money will be returned in cash and bank guarantees to its clients in an effort to stimulate the broader economy, according to reports.
The project will result in an annual energy savings of 3,019,679 kWh for JAFZA, thereby saving AED 1.3-million annually.
DP World will take a cautious approach with regard to supply chain and investments says Sulayem
The LEED Gold-certified building complex features its own assembly line, office space, showrooms, a logistics centre and dedicated training rooms.
SirajPower will deliver a first batch of 15 MW to DP World’s facilities in Dubai located at Jebel Ali Free Zone (Jafza) and National Industries Park, with a 22-year lease agreement to help the company save its energy consumption.
The new factory will serve the demand from all GCC countries and Africa and will enable Hormann to customise doors for regional customers.
The MoU was signed by Sultan Butti bin Mejren, Director General of Dubai Land Department (DLD), and Sultan Bin Sulayem, Group Chairman and CEO of DP World.
New warehouse will also be used to store collections of the British auction house Christie’s.
The Shell Chemicals terminal is situated on a 21,000 sqm water facing lot and consists of nine above-the-ground storage tanks with a capacity of 5,505 CBM, a jetty with three pipeline connections to the tanks, truck loading gantry and drumming facility.
DP World will be building the ‘Traders Market’ within the Jebel Ali Free Zone Area located in Jafza South next to the Dubai Expo 2020 site.