DP World signed two new development projects with multinational agricultural commodity processors, which the port operator said will strengthening the F&B cluster and capabilities within Jebel Ali in Dubai.
The new integrated quayside facilities will enhance year-round availability and production of essential grains and pulses, DP World said.
The concessions with Adroit Canada and Al Amir Foods in the Jebel Ali Port will ensure a reliable, consistent, and safe agricultural value chain within the region, it added.
The facilities are expected to account for annual trade of more than AED900 million, contributing to Dubai’s strategic plan of boosting foreign trade to AED2 trillion. With their presence in the Jebel Ali Port and Jafza, the businesses will benefit significantly from multimodal connectivity, reduced logistics costs, a seamless business environment and access to over 3.5 billion consumers, AD Ports said.
The two facilities will be built over a quayside plot of nearly 100,000 sqm, where the companies have leased an area of 61,000 sqm. The project consists of an integrated agri-storage and processing unit.
With an estimated investment of AED200 million, the facilities will have a singular eco-system for bulk silo storage and agri-processing. DP World will also invest in the most versatile and technologically advanced grain and pulses automated material handling and ferrying systems as part of the project. The facilities, scheduled to commence operations in two years, will be expanded further in phases.
The signing ceremony was attended by Abdulla bin Damithan, CEO & Managing Director, DP World UAE and Jafza; Yogesh Raipuria, Chief Executive Officer, Adroit Canada; Yasin Abdul Majid Ranani, Managing Director, Al Amir Foods; and other officials from the entities.
Bin Damithan said, “DP World has been a key contributor to the growth of the F&B sector. Our vision is always set on achieving the country’s national goals by supporting initiatives such as the National Food Security Strategy 2051. In alignment with this, we look forward to amplifying trade for the UAE and the Middle East by enabling agri-trade and through our new developments in the Jebel Ali Port.