01 July 2019

Chinese companies  are set to invest over $4 billion on the development of giant logistics parks in Abu Dhabi and Dubai, said a top official of National Association of Freight and Logistics (NAFL).

“The logistics business is in for a boom. Many projects are being built for Expo 2020 and Chinese investors are coming to Abu Dhabi and Dubai,” remarked Nadia Abdul Aziz, president, NAFL and vice president, Global Extended Board, the International Federation of Freight Forwarders Associations (FIATA).

She was addressing NAFL members during its annual general meeting at Armani Hotel, Burj Khalifa in Dubai.

“There will be large logistics parks in Jebel Ali and one near the Expo venue. One is for food processing and the other is for manufacturing and exporting. There will be a $4-billion investment by Chinese companies,” she stated.

Abu Dhabi will also have a huge logistics project that will boost the trading sector in the UAE, she added.

Abdul Aziz advised NAFL members to avail the facilities offered by the UAE government offices and also by Dubai South, the 145-sq-km purpose-built city.

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