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Dubai Ruler launches world's largest food trade

logistics hub

July 10, 2024 / 6:18 PM
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Sharjah24- WAM: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice
President, Prime Minister and Ruler of Dubai, announced the development of the
Logistics Hub for Foodstuffs, Fruit and Vegetable Trade, the largest such facility in the
world, serving the world’s largest market for foodstuffs, fruits and vegetables.

This initiative aligns with the emirate's strategies to enhance investment and economic
opportunities, thus contributing to the goals of the Dubai Economic Agenda D33, which
aims to double the size of Dubai's economy and transform it into one of the top three
economic cities globally by 2033. The project also aims to improve quality of life for
Dubai's residents and enhance the city's overall attractiveness and livability.

Sheikh Mohammed bin Rashid said, “Today, we have launched our plan to develop the
largest logistics hub in the world for the trade of foodstuffs, fruits and vegetables. This
expansion and doubling of the current market area will support our economic agenda
and create larger commercial and investment opportunities. We have entrusted DP
World with the management, operation, and development of the market, linking it with
markets globally.”

His Highness added, “Dubai's strategic location and advanced facilities make it a

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