Dubai Industrial City Secures Over AED 1.7 Billion Investments In Key Economic Sectors

Dubai Industrial City has seen over AED1.7 billion in investments across key sectors like food and beverage, heavy equipment, energy solutions, automotive, and light industries in the last year. This was highlighted at the "Make it in the Emirates" forum. The district's role is crucial in supporting the UAE’s industrial strategy and attracting foreign direct investment (FDI) from manufacturers aiming for global expansion.

The district's strategic location near Jebel Ali Port, Al Maktoum International Airport, an Etihad Rail freight terminal, and major road networks provides access to a large consumer base. Dubai is within an eight-hour flight of two-thirds of the world's population, enhancing its appeal as a manufacturing hub.

Saud Abu Alshawareb, Executive Vice President – Industrial at TECOM Group, stated that advancing industries is vital for long-term economic growth. He said, "Accelerating advanced industries is essential to unlock long-term economic growth, and Dubai Industrial City is committed to nurturing such homegrown excellence in the UAE." The district aims to strengthen Dubai's position as a leading hub for FDI.

The past year saw growth in six zones dedicated to base metals, machinery, minerals, food and beverage, transport, and chemical industries. These investments enhance Dubai Industrial City's reputation as a preferred destination for manufacturers with specialised infrastructure like industrial land and logistics spaces.

Recent additions include Elite Group Holding's AED100 million facility spanning 1 million sq.ft., focusing on automotive and e-commerce sectors. Pure Ice Cream plans an AED80 million production facility for brands like Baskin-Robbins. OZON Pharmaceuticals will establish a production hub worth over AED293 million covering 150,700 sq.ft. at the district.

The "Make it in the Emirates" forum allows industry leaders like Dubai Industrial City to influence regional manufacturing and advanced industries' future. The district hosts more than 1,100 manufacturers globally and regionally with over 350 operational factories.

Strategic Role in Economic Growth

Dubai Industrial City's investments highlight its ecosystem's appeal to global manufacturers and investors. "The investments attracted over the past year speak to the appeal of our nurturing ecosystem to manufacturers and investors from around the world," said Saud Abu Alshawareb. The district supports initiatives like Operation 300bn and Dubai Economic Agenda ‘D33’ to cement UAE's status as an industrial powerhouse.

The district plays a crucial role in the global supply chain by offering connectivity to regional and international markets. Its strategic location enhances its attractiveness as a manufacturing hub for companies seeking regional growth from Dubai.

Dubai Industrial City's efforts align with national goals such as Operation 300bn and Make it in the Emirates. These initiatives aim to position UAE as a global industrial leader while fostering economic development through strategic investments.

With inputs from WAM