E-COMMERCE
Dubai CommerCity launches new facilities in the Logistics and Business clusters Dubai CommerCity (DCC), the first dedicated e-commerce free zone in the Middle East, North Africa and South Asia (MENASA) regions, recently announced the launch of 470,000sqft of new facilities as part of its first stage in line with its planned schedule.
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ubai CommerCity, situated in the Umm Ramool area in Dubai, is an AED 3.2bn (US$ 872mn), 2.1mn sqft project. The launch of the new phase includes a built-up area of over 320,000sqft of offices spaces in the Business Cluster. It also includes 145,000 sq-ft e-commerce logistics units and multi-client warehouses in the Logistics Cluster, which will be managed and operated by Hellmann Worldwide Logistics and DHL. Given its strategic location and the increased demand for its facilities and services, the new free zone managed to lease more than 51% of the logistics warehouses to companies launching their operations in different sectors, ranging from e-commerce, logistics and information technology to fashion, jewelry and electronics.
Key enabler HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (DAFZA), emphasized how the e-commerce industry has proven to be a key enabler of growth for companies and a new module adopted by many businesses to ensure business continuity as a result of the increased demand overall. He added that the acceleration of digital transformation within
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supply chains and trade because of the pandemic, has spurred companies to ensure continued operations which are picking up with great optimism in 2021. “The launch of Dubai CommerCity aims to lead the future of e-commerce business in the region. The project has been thoroughly studied not only to provide foundational solutions, but also to stimulate and support business and prosperity at a time when the sector is going through peak growth. The e-commerce
sector is key as its value is expected to reach US$ 148.5bn by 2022 in the Middle East, Africa and South Asia regions,” HH Sheikh Ahmed noted.
E-commerce rising “The GCC region is the fastest growing in the e-commerce sector, and the UAE comes in second place as it is expected to grow 38.3% Compound Annual Growth Rate (CAGR). The UAE is also ranked the fifth largest B2C
