| 29 Jan 2012 |
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Dubai Industrial City launches 3.5 Million Sq Ft Second Phase of Quality Storage Facilities
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Dubai, Jan 29th, 2012 (WAM) -- Dubai Industrial CityDubai Industrial City
(DIDI), a member of TECOM Investments, has launched the second phase of its warehouse and showroom development, offering state-of-the-art storage facilities that will augment the growing logistics industry in Dubai and the UAE.Built at a cost of AED750 million (US$204.21 million), the new phase comprises 3.5 million square feet of warehouses and retail showrooms equipped with back storage, featuring units measuring 5,000 and 10,000 square feet.These new facilities double the present size of the current storage facilities, and along with an additional 3 million square feet of open storage yards that are equipped with asphalted tarmacs and round-the-clock security, bring the aggregate amount of current storage at the light to medium industrial destination to 10 million square feet – the largest-of-its-kind under one area in the UAE.Dubai Industrial CityDubai Industrial City now features a total of 627 eight-meter high warehouses, and 122 retail showrooms with amenities for temperature-controlled and chemical storage, workshops for light industrial activities and machinery operation, in addition to warehouses for general-use.Abdulla Belhoul, Managing Director, Dubai Industrial CityDubai Industrial City, said: "There is an increasing demand for quality and specialized storage facilities in the market, with a heightened emphasis on health and safety. The launch of the second phase of warehouses at Dubai Industrial CityDubai Industrial City addresses such needs, and will further consolidate Dubai’s position as the current logistics hub in the UAE and the Middle East. It will also spur growth in the nation’s industrial sector, which has grown by approximately 11 per cent in 2011, making it the second largest contributor to the UAE’s economy after the hydrocarbon sector." Underlining the health and safety dimension of the warehouses, Belhoul added: "The warehouses are engineered to respond to the sophisticated industrial and safety needs of the diverse light and medium industrial units operating at Dubai Industrial CityDubai Industrial City such as food and beverage, machinery and equipment, as well as base metals and chemicals. The units are subjected to periodic monitoring and supervision by Dubai Industrial CityDubai Industrial City’s Health, Safety and Environment Department to ensure full compliance."Located on Emirates Road near the new Al Maktoum International Airport, Dubai Industrial CityDubai Industrial City offers a strategic advantage due to its proximity to major highways and the Jebel Ali Port.Covering an area of 560 million square feet (55 square kilometers), it offers a dedicated manufacturing destination comprising six industrial clusters - food and beverage, base metal, mineral products, chemicals, transport equipment and parts and machinery and mechanical equipment.© Copyright Emirates News Agency (WAM) 2012.
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