30,720-sq metre Facility Dedicated to Service IKEA at Dubai Festival City and Yas Island in Abu Dhabi

Dubai-UAE: 14 June, 2011 - Al-Futtaim Logistics (AFL), one of the top five providers of integrated logistics solutions in the region, has signed a three-year agreement to acquire 32 warehousing units at Dubai Industrial City, a member of TECOM Investments Manufacturing and Logistics Cluster.

With a total area of 30,720 sq metres, the warehouses have a capacity to store over 30,000 pallets. The core purpose of the facility is to provide AFL with a complete logistics and distribution solution, solely dedicated to the group's key retail client, IKEA, which has outlets at Dubai Festival City and Yas Island in Abu Dhabi.

Abdullah Belhoul, Managing Director of the Manufacturing and Logistics Cluster at TECOM Investments, said: "We welcome Al Futtaim Logistics to Dubai Industrial City and look forward to nurturing a long-term business relationship. Our association with AFL is in line with our strategy to support and develop the industrial and warehousing sectors in Dubai and the UAE.

"The presence of Al Futtaim Logistics at Dubai Industrial City will add further value to our business partners. Offering a total capacity of seven million sq. feet of built up warehousing units, Dubai Industrial City is in a strong position to cater to the high demand and growing needs of this expanding sector."

The 560 million sq. ft. dedicated industrial destination comprises six clusters featuring food and beverage, base metal, mineral products, chemicals, transport equipment and parts, as well as machinery and mechanical equipment.

Mitch Jones, General Manager, Al Futtaim Logistics, said: "The warehouses at Dubai Industrial City have enabled us to consolidate operations in a single location after operating from two locations for several years. The consolidation into one site located between Dubai and Abu Dhabi allows us to make great improvements in service efficiency and significantly reduce logistics cost for the client. The location of the warehousing facility provides us with a highly effective distribution solution to service the IKEA stores within the UAE."

Tom Nauwelaerts, Managing Director, Al Futtaim Logistics, said: "We put the customer at the centre of all our actions, and this new IKEA warehouse highlights our ongoing commitment to strengthen the IKEA brand and enhance the customer experience at every touch point. This new warehouse operation in Dubai Industrial City will be a critical asset to Al-Futtaim Logistics and will enable us to achieve the challenging targets and objectives that we have set for the IKEA brand in the UAE and the GCC region."

Ideally located near Jebel Ali Port and adjacent to the new Al Maktoum International Airport, overlooking the main transport gateways and mid-way to Abu Dhabi, Dubai Industrial City's state-of-the-art warehouse facilities incorporate the highest design safety level.

-Ends-

About Dubai Industrial City
Dubai Industrial City (DI), a member of TECOM Investments, is the third largest non-real estate project in Dubai and is spread across 560 million square feet of land. The industrial destination was established to serve as a catalyst for the growth and expansion of the industrial sector in the United Arab Emirates - especially in light to medium manufacturing sectors with specific emphasis on Machinery and Mechanical equipment, Transport Equipment and parts, Base Metal, Chemicals, Food and Beverage and Mineral Products.

Dubai Industrial City provides a cost effective and efficient business environment together with a number of industry supporting products and facilities including warehousing and logistics solutions, labour villages, vocational training, commercial space as well as a one stop shop for the issue of required licenses and permits.

Dubai Industrial City is strategically located next to the new Al Maktoum Airport (Dubai World Central) and in close proximity to the Jebel Ali Free Zone. The City provides a traffic free environment with direct connections to the Emirates Road, Dubai By Pass Road providing easy and convenient access to global transportation points via road, air and sea.

For further information            
Agency:                                                  
Aseel Nihad                                          
Associate Account Manager                            
JiWin Public Relations
An APCO Worldwide Company
Phone: +971 4 3613584                                 
Email: aseel.nihad@jiwin.ae

© Press Release 2011