DP World inaugurates Jafza Logistics Park

DP World-owned Jebel Ali Free Zone (Jafza) Hub held a groundbreaking ceremony for the first phase of its new Jafza Logistics Park.

The commercial and logistics hub will house the warehousing, processing and logistics activities carried out in Dubai. Completion is scheduled for 2023.

The Jafza logistics park is expected to strengthen the Jafza logistics cluster, which has grown by 14% since 2016 according to DP World.

The project covers a total area of ​​more than 46,000 square meters, 87% of which will be allocated to storage. The remaining space will be dedicated to offices.

“We recognize the critical role that the logistics sector plays in enabling the growth of various industries across the globe,” commented Abdulla Bin Damithan, CEO and Managing Director of DP World United Arab Emirates (UAE) and Jafza, during the ceremony.

“As the UAE continues to develop into a global processing and redistribution gateway, we have seen a surge in demand for logistics and warehousing space.”

“We are constructing the Jafza Logistics Park in response to this increase in demand and to further stimulate the development of the UAE’s logistics sector.”

DP World said the Jafza Logistics Cluster is home to more than 460 companies from 30 countries and the Jafza Logistics Park aims to support their growth as well as attract new players seeking to establish themselves in the market.

Last week, DP World released container volume figures for the first quarter of 2022.

The company handled a total of 19.3 million TEUs across its global container terminal portfolio in the first three months of 2022.