UAE - Mubasher: Global trade enabler DP World has signed a memorandum of understanding (MoU) with China’s Zhejiang Zhidi Holding for the construction of a logistics hub to meet the rising demand for conventional and e-commerce services in Dubai.

The agreement will be executed in stages and will pave the way for exploration for more possibilities for cooperation, including logistics business closely related to e-commerce, according to a statement released on Saturday.

“With China being the top trade partner of Dubai and the UAE, we are happy to see the increasing interest from Chinese companies to invest in Dubai and strengthen their presence in Jebel Ali Free Zone (Jafza),” CEO of DP World and Jafza Mohammed Al Muallem commented.

Meanwhile, DP World signed an MoU with Dubai South to enable Jafza and Dubai South to facilitate the seamless entry and exit of goods between them and enhance services to their customers.

“The signing of an agreement with DP World is part of our proactive efforts to ensure more efficient operations and, thereby, smoother transport of goods between the Dubai South and Jafza,” executive chairman of Dubai South Khalifa Al Zaffin said.

Source: Mubasher

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