UAE Logistics
The UAE logistics is the gateway to commerce in the middle east. The Middle-East has become one of the world’s top trading regions after diversification into the non-oil products and services. Moreover the imports and exports among the Gulf countries of the Middle East has increased manifold and with this the transport and logistics industry of UAE has also developed phenomenally.
Responding to this trend of intense market demand and also to help support and sustain the development of the UAE logistics industry, a slew of international trade events were organized in the Middle East to showcase the transport and UAE logistics industry facilities. These facilities include air cargo, freight transport, ports management and materials handling.
Worldwide logistics operators feel that there is immense scope for growth potential in the Middle East. According to them this potential particularly for the logistics and transport sector is 25% more than North or South America. These operators have now included their existing trade routes and infrastructure in the Middle-East as a part of their business expansion strategies.
The UAE is developing globally, regionally and locally in the realm of transport and logistics which is further augmented by the growth of global and regional trade between Europe and Asia. Today the UAE logistics industry is in a position to capitalize on these opportunities because of its strategic geographic location and easy accessibility.
The Middle-East region has always been considered as a key East-West trading hub. Its strategic geographic location enables you to get access to major Asia-to-Europe and Asia-to-Africa trade routes. Apart from its rapid growth fuelled by skyrocketing oil revenues, the regional economies of this region are also gradually becoming accessible to the outside world which is providing the boost to its shipping sector.
The UAE shipping sector is growing at arapid rate due to the increase in oil revenues and opening up of regional economic to world wide economies. This has led to frantic development plans in the region to expand its regional ports. You would definitely agree that all these signs are enough to prove that the UAE logistics industry is into the big league.
Moreover three influential front-running organizations of UAE have joined hands to operate the Khalifa Port and a free trade and logistics zone in Taweelah. The UAE government is providing the necessary backing to sustain this growth and also to trigger economic expansion which can be only possible by developing projects with support from the private sector.
The Khalifa Port which has an area of 2.2 sq km will house a multi-purpose port and will commence its operation by the end of 2010.
The UAE envisages a vision of creating state-of-the-art facilities at Taweelah and to achieve this it is partnering with some of the reputed business entities of the world. Once completed, these projects will take the UAE logistics industry to its zenith. In addition the Jebel Ali Port and Port Rashid of Dubai are also growing at a steady rate of 20%, and this speaks of a healthy economic growth all through the Middle East.
To provide further fillip to the UAE logistics sector an ultra-modern logistics park has been set up Al Jazera Al Hamra industrial zone. The UAE with its immense business potential is bound to become the region’s most essential logistics hub.
