World
Air Cargo Forum to hear Dubai's logistics hub case
Hundreds of delegates expected at the
World Air Cargo Forum, which opens in Dubai tomorrow, are to hear
of the emirate's growing standing as an international logistics
and supply chain hub.
Due to address
the forum is Dubai Logistics City CEO, Michael Proffitt, who aims
to convince some of the world's leading players that locating to
Dubai is a keen business move.
'Dubai is a growing hub for air cargo
because of the increasing globalisation of trade and manufacturing
and businesses increasingly require air cargo within their global
supply chains. The geographic location of Dubai helps to link Asia,
Africa and Europe,'
said Proffitt.
'Moreover, having studied the demographics
for the region for the coming years, we are extremely confident
of Dubai's hub status success, particularly taking into consideration
the restructuring of supply chains which is currently taking place.
'While global trade is increasing at
a constant and healthy rate, the greater region in reach of Dubai
- that is the Middle East, Africa, the southern CIS countries and
the Sub-continent, can expect even higher growth. This is particularly
true of India which can realistically expect to secure a very significant
share of the US $110 billion global outsourcing market by 2010.
Dubai's proximity to this trade stands it in good stead.
'Within the next 20-30 years, another
billion consumers will be added due to the growth of population.
This fact will ensure that economic growth in this greater region
will be steady and long lasting.'
Meanwhile, Proffitt announced to World
Air Cargo Forum delegates that grading work for the first 4.5 kilometre
long runway at Dubai Logistics City is now complete.
'Construction of the runway, which will
be wide enough to accommodate the new Airbus A380 superjumbo, will
begin next month,' he said.
DLC, which is the first phase of the
new Jebel Ali Airport City (JAAC), a huge, mixed-use aviation city,
is an integral part of the world's first, integrated logistics and
multi-modal transport platform, which has DLC, Jebel Ali Port and
Free Zone and the new Jebel Ali International Airport (JXB) at its
core.
Spread over 25 square kilometres, DLC
will begin operating at the end of 2007. It will be adjacent to
the new Jebel Ali International Airport and is designed to eventually
handle more than 12 million tons of air cargo annually in up to
16 air cargo terminals.
Meanwhile JAAC was given a major boost
at the World Air Cargo Forum with the unveiling of a new exhibition
stand devoted to this mammoth new industry initiative.
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