DP World breaks ground on AED550 million ‘Agri Terminals’ facility
[ad_1]
DP World today celebrated the inauguration of its new Agri Terminals facility at Jebel Ali Port, marking the start of a transformative journey to strengthen food security in the United Arab Emirates.
Together with Adroit Overseas Canada and Al Amir Foods, DP World will invest a total of AED 550 million ($150 million) to build the modern Agri Terminals complex, which will specialize in storing and processing various agricultural products, including pulses, cereals, corn and soybeans. It will leverage DP World’s innovative infrastructure, such as pneumatic ship unloaders and advanced transportation equipment.
With the completion of the first phase scheduled for early 2025, this landmark project underlines DP World’s commitment to strengthening the UAE’s food supply chain in line with the National Food Security Strategy 2051, while consolidating Dubai’s fundamental role in the global food trade. Jebel Ali Port handles approximately 73% of the UAE’s food and beverage trade by value, making it a major contributor to the country’s food security programme.
The inauguration was attended by His Excellency Dawoud Al Hajri, Director General of Dubai Municipality; Sultan Ahmed bin Sulayem, Chairman and CEO of DP World Group; Abdulla Bin Damithan, CEO and CEO of DP World GCC; Yogesh Raipuria, CEO of Adroit Overseas Canada; Yasin Abdul Majid Ranani, CEO of Al Amir Foods; and other senior officials of the entities.
The Agri Terminals facility will stimulate over AED 1.2 billion in new international trade, aligning with the ‘Operation 300 billion‘ strategy. The new facility is also expected to improve bulk handling by approximately 750,000 metric tons per year, which will have a substantial impact on Dubai’s business dynamics and food safety efforts.
Sultan Ahmed bin Sulayem, Chairman and Group CEO, DP World, saying:
“The opening of our Agri Terminals facility is a historic moment for DP World and our journey towards building resilience in the UAE food supply chain and the wider region. “This investment will add world-class infrastructure to our flagship port, support national efforts to strengthen food security and significantly expand our thriving agricultural trade ecosystem in Dubai.”
Abdulla Bin Damithan, CEO and CEO, DP World GCC, saying:
“As we expand our food and beverage infrastructure, we are laying the foundation for a future where food security and global trade converge. By integrating this terminal with existing sugar and edible oil processing facilities, we are creating a comprehensive food and beverage ecosystem that optimizes resources, diversifies our offering and shows our unwavering commitment to the UAE’s vision to address global food security challenges.”
Yasin Abdul Majid Ranani, CEO of Al Amir Foods, saying:
“The opening marks a pivotal moment in our collaboration with DP World. Through this facility, which is a crucial step in securing food supply chains and supporting the UAE’s vision for food security, we are poised to expand our reach and contribute significantly to the global food trade, ensuring that we continue to meet the changing demands of our customers with excellence and reliability.”
Yogesh Raipuria, CEO of Adroit Overseas Canada, saying:
“We are pleased to continue our partnership with DP World on the Agri Terminals project at Jebel Ali Port. The venture is a testament to our shared commitment to innovation and sustainability in the agricultural sector. Once completed, it will significantly enhance our ability to serve global markets more efficiently, reinforcing our mission to provide reliable and sustainable food solutions.”
Agri Terminals, spanning a dock area of nearly 100,000 square meters, will be Dubai’s largest multi-tenant facility for integrated agricultural processing and silo storage. It will have a total storage capacity of 200,000 metric tons, developed in two phases, along with extensive processing and packaging facilities to handle up to 500,000 metric tons per year. The terminal is designed to seamlessly transfer products directly from the ship to the facility via an advanced conveyor belt system.
News source: Dubai Press Office
[ad_2]
