HomeLatestAldar and DP World Join Forces for Logistics Hub

Aldar and DP World Join Forces for Logistics Hub

Aldar Properties and DP World have entered into a strategic partnership to develop a cutting-edge logistics park at the National Industries Park (NIP) in Jebel Ali, Dubai. This 1.55 million square feet project, located near Jebel Ali Port and Al Maktoum International Airport, aims to meet the escalating demand for high-quality warehousing facilities in the region.

Designed to cater to third-party logistics (3PL), eCommerce, and retail sectors, the logistics park will offer flexible modular buildings that can accommodate single or multi-tenanted setups. The project’s prime location and connectivity to major road arteries make it an attractive option for businesses seeking efficient logistics solutions. NIP, encompassing 21 square kilometers, serves as Dubai’s industrial hub, offering a robust ecosystem conducive to manufacturing and processing industries. The integration of multimodal logistics solutions positions NIP as a cornerstone for industrial growth and international trade facilitation.

“The collaboration between Aldar and DP World marks a significant milestone in Dubai’s logistics infrastructure,” commented a spokesperson from Aldar Properties. “This development not only enhances our portfolio but also underscores our commitment to supporting Dubai’s strategic vision for economic diversification and infrastructure excellence.” The logistics park is slated to commence construction in Q4 2024 and is expected to commence operations by Q4 2025. With robust demand from sectors aiming to capitalize on Dubai’s strategic location and logistical advantages, the project is poised to attract significant interest from potential tenants.

This partnership between Aldar and DP World showcases the growing importance of logistics infrastructure in driving economic growth and facilitating trade in the region. The development of the advanced logistics park at NIP is a testament to Dubai’s commitment to providing world-class facilities and services to support its thriving business environment.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Pune Bhugaon real estate gains traction

Pune Bhugaon Real Estate Gains Traction

0
Demand for homes in Pune’s western fringe is shifting towards lower-density, hillside neighbourhoods, with Bhugaon emerging as a key beneficiary of this trend. Located...
Ahmedabad logistics investment accelerates in Bawla

Ahmedabad logistics investment accelerates in Bawla

0
Institutional capital continues to deepen its presence in Gujarat’s warehousing belt, with Ascendas Firstspace committing nearly ₹275 crore to acquire a large industrial and...
Goa Suspends Village Land Use Changes

Goa Suspends Village Land Use Changes

0
The Goa government has suspended nine land-use change approvals in Siridao Palem village following a high-profile hunger strike by an opposition legislator, signalling a...
Pune Sees New Low Density Luxury Villas

Pune Sees New Low Density Luxury Villas

0
A new cluster of high-end residences is set to take shape in Hadapsar Annexe, as Shapoorji Pallonji Real Estate introduces a limited inventory luxury...
Pimpri Chinchwad Offers Property Tax Penalty Waiver

Pimpri Chinchwad Offers Property Tax Penalty Waiver

0
The Pimpri Chinchwad Municipal Corporation has introduced a month-long property tax penalty waiver scheme aimed at accelerating revenue recovery before the close of the...