Mohebi plans $95m Dubai logistics hub
Dubai, February 22, 2012
Mohebi Logistics, a leading distributor of global brands across the Middle East, said it will invest Dh350 million ($95.2 million) to build its new headquarters and logistics facility at Dubai World Central (DWC).
The DWC is part of Dubai Government’s overall strategy to enhance the emirate’s transport and logistics services and capitalize on its geographical location to strengthen Dubai’s reputation as an international trading and commercial hub.
Sheikh Ahmed Bin Saeed Al Maktoum, chairman of Dubai Aviation City Corporation, and Mohammed Mohebi, Mohebi Logistics CEO, signed the lease agreement for the 1.5 million sq ft plot in Dubai Logistics City (DLC).
The Emirati company now joins the ranks of Aramex, Kuehne + Nagel, Panalpina, Hellmann Caliper, INL, RSA Logistics and other major industry players that are taking full advantage of DWC’s infrastructure, multi-modal transport accessibility, dedicated services and facilities, said Sheikh Ahmed.
'DWC consolidates Dubai’s position as a major international logistics hub. It establishes a strategic link to global markets and plays a crucial role in meeting the present and future needs of Dubai's aviation, tourism, trade and logistics sectors,' he remarked.
'Moreover, it demonstrates Dubai Government’s commitment to support key industry players such as Mohebi Logistics by providing the right combination of world-class infrastructure and value-added services,' he added.
Mohammed Mohebi said, “We are proud and excited at the prospect of becoming a strategic partner of Dubai World Central and key contributor to Dubai’s continued economic growth.'
'It is important that Emirati talent and know-how offered by home-grown companies are developed to support our leadership’s vision of creating a knowledge-based economy,' he noted.
'DWC will play a critical role in showcasing both Emirati talent and corporate capabilities, which in my opinion is key in serving our national interests,' he added.
According to him, the construction of a new logistics base in DLC is part of Dh1 billion in investments that Mohebi Investments earmarked to establish itself as a major regional player.
Khalifa Al Zaffin, executive chairman, Dubai Aviation City Corporation, said: “DLC supports the growing logistical needs of the region’s burgeoning business community. Furthermore, it provides direct access to a range of state-of-the-art infrastructure and services and multi-modal transport within a centralized location at DWC.'
Rashed Bu Qara'a, COO, Dubai Aviation City Corporation said, 'Moving forward, DWC will continue to focus on building strong relations with clients as one of the cornerstones of our growth strategy.'
Mohebi Logistics, which is part of the Zainal Mohebi Group, will build its corporate headquarters and facilities comprising 110,000 pallet positions, expanding the company’s storage and logistics facilities and almost doubling its capacity to serve its regional and global clientele.
The headquarters and temperature-controlled warehousing facilities will be constructed in two phases.-TradeArabia News Service