DP World to invest $54.5 million in Jebel Ali’s agriculture-focused terminal
The strategy aims to achieve zero hunger worldwide through five goals focusing on “facilitating global food trade, diversifying food import sources, and identifying alternative supply schemes”
Dubai’s DP World, one of the biggest port operators globally, has signed two development projects with multinational agricultural commodity processors Adroit Canada and Al Amir Foods.
The development projects will see an estimated investment of AED200 million in Jebel Ali’s food and agriculture-focused terminal, as part of the UAE’s wider strategy to address food insecurity.
The 2051 strategy aims to achieve zero hunger worldwide through five goals focusing on “facilitating global food trade, diversifying food import sources, and identifying alternative supply schemes.”
The projects will enhance year-round availability and production of essential grains and pulses, adding that the concessions with these two companies “will ensure a reliable, consistent, and safe agricultural value chain within the region.”
The two facilities will be built on a quayside plot of nearly 100,000 sqm, where the companies have leased an area of 61,000 sqm.
The facilities will operate in a singular eco-system for bulk silo storage and agri-processing and will be fully operational in two years.
DP World will also invest in “technologically advanced grain and pulses automated material handling and ferrying systems as part of the project,” the statement said.
“We look forward to amplifying trade for the UAE and the Middle East by enabling agri-trade and through our new developments in the Jebel Ali Port. Our flagship port has continually reaffirmed its leading position as a strategic trade and logistics hub,” DP World UAE’s chief executive officer and managing director, Abdulla bin Damithan explained.
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