Infrastructure
INFRASTRUCTURE
His Highness Sheikh Mohammed
bin Rashid Al Maktoum Unveils
Blueprint for Dubai Food Park
US$1.5 billion project to take shape at
Dubai Wholesale City
His Highness Sheikh Mohammed bin Rashid Al Maktoum,
Vice President and Prime Minister of the UAE and Ruler
of Dubai, has unveiled the blueprint for Dubai Food
Park (DFP), the latest addition to Dubai Wholesale City
(DWSC).
To be developed at a cost of US$1.5 billion, first
destination in the Middle East dedicated to serving the
food sector. DFP seeks to enhance Dubai’s position as a
leading regional hub for food trade, import, export and
re-export of foodstuffs. Conceptualized at a time when
food trade makes up 11 percent of the UAE’s GDP and
the food industry is estimated to grow by 70 percent to
US$6.3 billion by 2030, the Park will offer all categories
of food wholesale services to meet the high demand of
the food sector in the UAE and the wider region.
DFP will span over 48 million square feet within
DWSC, the largest wholesale hub in the world
occupying 550 million square feet that will take
shape over a 10-year period at an estimated cost of
US$8.2 billion. The Park’s strategic location at the
crossroads of East and West and easy accessibility
10
August 2017
to Dubai’s advanced
logistics facilities
distinguish it from other
wholesale destinations
worldwide.
DFP will fall under
the supervision and
responsibility of
Abdulla Belhoul, CEO of
Dubai Wholesale City.
Speaking on the project,
Belhoul said: “DFP
has been established
to meet the increased
need for specialized
logistical services to
reduce supply chain
costs. The Park will be
a one-stop destination
for government,
administrative and
logistical services
related to food
wholesale, import,
export and re-export.”
The Park will feature
a central wholesale
market serving the