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

New Delhi To Launch SWAMIH Two Fund Completing One Lakh Stalled Homes

New Delhi To Launch SWAMIH Two Fund Completing One Lakh Stalled Homes

0
The Union government is preparing to roll out the SWAMIH-2 Fund, a successor to its stress financing programme for housing, aiming to complete nearly...
MIDC Directs Four Hinjewadi Developers To Cut Air And Noise Pollution

MIDC Directs Four Hinjewadi Developers To Cut Air And Noise Pollution

0
The Maharashtra Industrial Development Corporation (MIDC) has issued directives to four major developers in the Megapolis area of Hinjewadi IT park to reduce air...
Asian Paints Launches Emporio Renaissance Club Honouring Top 100 Luxury Wood Partners

Asian Paints Launches Emporio Renaissance Club Honouring Top 100 Luxury Wood Partners

0
Asian Paints has launched the Emporio Renaissance Club, an initiative recognising the top 100 trade partners in India’s luxury wood finishes segment, underlining its...
VIP Industries Appoints Sameer Wanchoo As Chief Marketing Officer To Strengthen Mumbai Operations

VIP Industries Appoints Sameer Wanchoo As Chief Marketing Officer To Strengthen Mumbai Operations

0
VIP Industries Limited has reinforced its executive leadership by appointing Sameer Wanchoo as Chief Marketing Officer, based in Mumbai. Effective from December 2025, Wanchoo’s...
Brookfield Properties Unveils Mumbai Office Project Spanning 13 Lakh Sq Ft For JPMorgan

Brookfield Properties Unveils Mumbai Office Project Spanning 13 Lakh Sq Ft For JPMorgan

0
Mumbai is set to welcome a landmark office development as Brookfield Properties embarks on constructing a 13-lakh-square-foot facility for JPMorganChase in Powai. The project,...