01 March 2012
MOHEBI Logistics is planning to invest up to Dh350 million ($95 million) to build its new headquarters and logistics facility in Dubai Logistics City (DLC) at Dubai World Central (DWC).
In line with this, a lease agreement for a 1.5-million-sq-ft-plot has been signed by Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Aviation City Corporation, and Mohammed Mohebi, Mohebi Logistics CEO.
Mohebi Logistics, which is part of the Zainal Mohebi Group, will build its state-of-the-art corporate headquarters and facilities comprising approximately 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.
The construction of a new logistics base in DLC is part of a Dh1-billion ($272 million) investment plan that Mohebi Investments will execute to establish itself as a major regional player. In order to expand and achieve a lean, efficient retail distribution business, Zainal Mohebi Group will consolidate its FMCG (fast moving consumer goods) operations in a single location at Dubai World Central.
With this initiative, Mohebi Logistics now joins the ranks of Aramex, Kuehne + Nagel, Panalpina, Hellmann Caliper, INL, RSA Logistics and other major industry players that are making optimum use of DWC’s infrastructure, multi-modal transport accessibility, dedicated services and facilities.
The 140-sq-km Dubai World Central is part of Dubai Government’s overall strategy to enhance the emirate’s transport and logistics services and capitalise on its geographical location to strengthen Dubai’s reputation as an international trading and commercial hub.
Sheikh Ahmed said: “Dubai World Central 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.”