Dubai eyes a whopping $3.2 Billion Economic powering within 2023 as there is a latest E-commerce hub taking its shape

Dubai South’s logistics district is now at present 20 percent operational with a latest E-Commerce logistics hub as the emirates within the 2023 eyes for an AED12 Billion ($3.2 Billion) complete online boost.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai launched the coveted phase one of the Dubai South district E-Commerce zone EZDubai’s launchpad during January 2019 and further stated that the overall work is getting progressed.

It has truly emerged as one amongst the core component in Dubai’s ambition for its consolidation of position as the major hub for the global E-commerce commercial hub. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of the Dubai Executive Council, that is expected to do more foreign direct investments in E-commerce arena as the global e-commerce has come to the fore during the Pandemic when more purchasers have gone online as blocks and mortar shops were obligatory to close.

With a direct connectivity to the Jebel Ali Port as well as located next to prime Al Maktoum International Airport, there is an initiative taken for building up of a 9,20,000 built in hub plan for the attraction of global pioneered E-commerce corporates.

The CEO of the Logistics District Dubai South, Mohsen Ahmed stated that “They are hugely elated to witness the growth of EZDubai expansion and it becoming fully operational in within a short time frame. Thereby, this establishment of the EZDubai has not just associated the Ecommerce gap within not just Dubai, but within the entire GCC territory as well. Within 2023, the E-commerce arena is all in pursuit to contribute a staggering AED12 Billion towards the national GDP.”

In the first operational phase, EZDubai will span an overall area of 3,40,000 Square metres of space, out of which 68,000 will be operational and the remaining 91,000 to be under development.

Supporting the Dubai’s E-commerce strategy, that was launched the previous year by the Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of the Dubai Executive Council, sorely intended to attract a huge amount of Foreign Direct Investments within the Ecommerce arena.

This E-Commerce Zone already houses few of the logistics and E-Commerce pioneers including DHL Express, Aramex, Amazon, Fetchr, Yunda, First Cry, as well as Triboo. Once it will be completely finished the setup, the latest of the E-commerce hub will get six dedicated zones that have in excess of 5,50,000 Sq metres of leasable area. This EZDubai E-commerce zonal space will be having e-fulfilment centers, infrastructure for repair and return centers, supply centers, as well as the business blocks as part of the zone’s dominant plan.

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