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Dubai To Host World's Largest Logistics Hub For

Foodstuffs, Enhancing Global Trade

By OneArabia

Published: Wednesday, July 10, 2024, 17:33 [GST]

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and
Ruler of Dubai, has announced the creation of the world's largest Logistics Hub for Foodstuffs,
Fruit and Vegetable Trade. This initiative is part of Dubai's strategy to boost investment and
economic opportunities, contributing to the Dubai Economic Agenda D33. The agenda aims to
double Dubai's economy size and make it one of the top three global economic cities by 2033.

Sheikh Mohammed highlighted that Dubai's strategic location and advanced facilities position it
as a commercial and investment hub attracting major companies. He stated, "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."

The project aims to enhance quality of life for residents while increasing Dubai's attractiveness
as a place to live. His Highness added that efforts will intensify to integrate global companies
and youth into developmental projects. The goal is for Dubai to become a leading destination for
markets, export, and re-export operations across various sectors.

https://www.onearabia.me/local/dubai-launches-worlds-largest-logistics-hub-for-food-trade-011-
51847.html