Lulu first major retailer to commit to Dubai Wholesale City
Dubai Wholesale City (DWSC) has signed an agreement with LuLu Group International for the development of a AED 300-million Central Logistics Hub at the region's largest fully integrated wholesale hub.
The Central Logistics Hub will cover an area of 1.3-million square feet, or roughly 17 football fields and will be built over the course of the next 30 months.
It will become the primary storage and distribution facility for Lulu’s network of stores across the UAE and will also provide additional support to regional DCs supplying the group’s 144 hypermarkets and shopping malls across the region
The agreement was signed by Abdulla Belhoul, CEO of Dubai Wholesale City, and Yousuf Ali M.A., chairman of LuLu Group, in the presence of Saud Abu Al Shawareb, chief operating officer of Dubai Industrial Park.
"The upcoming facility will benefit from the DWSC's infrastructure, government support and full suite of services that can enhance efficiency across all stages of operations," said Belhoul.
Yousuf Ali added that Dubai Wholesale City's integrated services that will contribute to the significant expansion of the group's operations and enhance its ability to meet the growing demands of consumers.