Dubai will double the size of its fruit and vegetable market as part of a significant logistics project. Dubai Municipality and DP World will collaborate to develop the world's largest logistics hub for foodstuffs, fruit and vegetable trade.
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE, announced the mega project on Wednesday. The goal is to make Dubai "a destination for markets, export and re-export operations for the region and the world in various sectors."
"We strive to provide advanced infrastructure and facilities with the latest specifications and best standards, create greater commercial and investment opportunities for investors, support the UAE's food security strategy," Sheikh Maktoum said.
The expansion of the fruit and vegetable market, which will be managed by DP World, is expected to create more investment opportunities. A unified trade window will also be introduced for all procedures and the entire customer journey under the agreement signed between the two entities.