He added, “Dubai Holding is committed to supporting the vision of the UAE’s wise leadership in achieving sustainable development. And, Dubai Wholesale City is among several projects that we have conceptualised as part of our priority to help achieve the UAE’s post-oil vision. The launch of the Dubai Wholesale City comes as a result of intensive discussions and meticulous studies of the wholesale sector, and the plethora of opportunities it offers. We are confident this project will have immense positive impact on wholesale trade in the UAE, the Gulf region and the rest of the world.”
The project in its first phase will service a number of key sectors in an eco-friendly environment adhering to the highest quality standards of energy conservation, waste management and industrial hygiene. Dubai Wholesale City will deploy the latest technology and range of smart city features to make trade operations seamless and efficient.
Dubai Wholesale City’s proximity to major markets connecting three quarters of the world’s population within a seven hour flying time makes it an ideal meeting point between the east and the west and serves as a key factor in distinguishing it from other wholesale hubs worldwide. The new city will also benefit from Dubai’s advanced logistics services and its distinctive location 10 minutes away from Al Maktoum International Airport and the Jebel Ali Port, two major gateways for global cargo and shipping industries.
While boosting the wholesale trade sector, the new city is projected to translate a positive spillover impact on other sectors linked to trade such as logistics, financial services, aviation, hospitality, and business tourism.
Spanning an area of over 550 million square feet, Dubai Wholesale City will aim to grow as a global wholesale hub and the region’s primary one-stop-shop for a wide range of integrated wholesale products and solutions. The new destination will utilize its comprehensive offerings, advanced purpose-built infrastructure and support services to attract local, regional and international wholesale traders.
