08 June 2015• Mohebi Logistics Breaks Ground on AED 550 Million (US$150M) Facility at DWC
• State-of-the-art logistics facility will set benchmark in the region
• Reinforces DWC's commitment to become a global, multimodal logistics hub
Dubai - Dubai-based Mohebi Logistics, one of the largest vertically-integrated supply chain management companies in the Middle East, has broken ground on its dynamic new facility at Dubai World Central (DWC).
Building on its successful and sustained track record in FMCG logistics through local know-how, strong market reputation and extensive network, the family-owned Emirati business is consolidating its entire Group activities at DWC.
In a groundbreaking ceremony held at the company's new sitein the Logistics District at DWC, Mohebi Logistics, a subsidiary of Mohebi Investments and an affiliate of Zainal Mohebi Holdings, revealed detailed plans for the AED 550 Million (US$150 million) center scheduled for completion by the end of 2016.
The new facility will be spread over 206,000 square meters of land, and will encompass the Zainal Mohebi Holdings corporate office and storage capacity of 180,000 pallet positions, more than doubling the company's existing storage and logistics capabilities, to provide enhanced and customized services to its long-standing regional and global clientele.
Commenting on the historic event, Mohammed Mohebi, CEO of Mohebi Logistics and Zainal Mohebi Holdings, said: "To stay innovative, you must be willing to constantly re-evaluate how well you work with your business partners. We are proud and excited to become a strategic partner of Dubai World Central and a key contributor to Dubai's continued economic growth. It is important that Emirati talent and know-how offered by homegrown companies is developed to support our leadership's vision of creating a knowledge-based economy. Dubai World Central will play a critical role in showcasing both Emirati talent and corporate capabilities, which in my opinion is crucial in serving our national interests."
His Excellency Khalifa Al Zaffin, Executive Chairman, Dubai Aviation City Corporation, said: "We are proud to welcome to the DWC family one of the oldest and most exemplary Emirati family business organizations in the UAE - Zainal Mohebi Holdings. The company reflects our nation's ethos of business excellence and progressive culture. We are confident that its corporate and operational growth will not only flourish under the DWC ecosystem, but shall also contribute to it."
Mohebi Logistics' development forms part of an overall AED 1 billion (US$300 million) investment that Mohebi Investments has earmarked to establish Mohebi Logistics as a major regional player. In addition, Zainal Mohebi Holdings will consolidate its FMCG operations by also re-locating to Dubai World Central. The objective is to achieve a lean and efficient retail distribution business that can take full advantage of DWC's infrastructure, multi-modal transport accessibility, dedicated services and facilities.
Mohammed Mohebi, CEO of Mohebi Logistics and Zainal Mohebi Holdings, Khalifa Al Zaffin, Executive Chairman, Dubai Aviation City Corporation, Rashed Bu Qara'a, Chief Operating Officer at Dubai Aviation City Corporation, Mohsen Ahmad, Vice President, Logistics District at DWC.
About Mohebi Logistics
Mohebi Logistics is a vertically integrated supply chain management specialist based in the UAE that delivers regional multi-temperature distribution solutions to major international brands. The company specializes in demand estimation, forecasting, sourcing, inventory and freight management, and serves some of the world's largest FMCG organizations, quick-service restaurants and food service companies.
About Dubai World Central (DWC)
Dubai World Central is a purpose-built, master-planned city around the Al Maktoum International Airport (AMIA), the largest airport in the world when complete. Covering an area of approximately 145 square kilometers, DWC is a self-sustained ecosystem that seamlessly integrates this global trade, business, logistics and aviation hub with a smart and sustainable urban city development. DWC is designed to provide unmatched connectivity, speed and efficiency for sea-to-air and air-to-sea cargo. It will also ultimately support a population of 1million and host residential, retail, healthcare, education and hospitality sectors. DWC is emerging as a preeminent global destination and is now home to the World Expo 2020.
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© Press Release 2015