Dubai unveils Dh5.5b food park
Facility is positioned as an attractive environment for business operators and investors
ADh5.5 billion Dubai Food Park, the latest addition to Dubai Wholesale City, was unveiled yesterday.
The first-of-its-kind in the region, the park was launched by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
The park spread over 48 million square feet is positioned as an attractive environment for business operators and investors in the food sector to facilitate access to new markets and global investments. The park will benefit from Dubai’s world-class infrastructure in land, marine and air transport and is set to play a vital role in supporting food security in the country. The project is in close proximity to Dubai South, Al Maktoum International Airport and the Expo 2020 site.
The park will also provide a
range of government services including customs clearance, licensing, food safety and supervision all under one roof. Providing a full suite of services will help boost the growth of food companies and reduce supply chain costs.
The first-of-its-kind in the region, Dubai Food Park is located in Dubai Wholesale City, in proximity to Dubai South, only 10 minutes from Al Maktoum International Airport and the Expo 2020 Dubai site, and a 15-minute drive from Jebel Ali Free Zone. With this project, Dubai Holding seeks to enhance Dubai’s position as a leading regional hub for the food trade and re-exports of foodstuffs.
Given that food trade makes up 11 per cent of the UAE’s GDP, and that the food industry is estimated to grow by 70 per cent to Dh23 billion by 2030, the park seeks to offer all categories of food-related services, including modern infrastructure and ancillary services. “Dubai Food Park has been established to meet the growing demand from the food sector in the UAE and the region, triggered by population growth and the development of the tourism sector,” said Abdulla Al Habbai, Chairman of Dubai Holding
“Dubai Food Park includes a central wholesale market that serves the retail, hospitality and food service sector, a logistics area, an area for services such as packing and processing, and a dedicated area for handling packaged goods. It will also host employees’ accommodation in addition to hotels.