Media ININ Economy We Trust
Media In – Dubai – 9 October 2018 / WAM /
DP World – UAE Region has renewed its commitment to supporting the diversification of the UAE economy and encouraging local manufacturing through innovation and smart technology. Abdulla Bin Dumithan, DP World’s Chief Commercial Officer, UAE, said at the opening of the 2018 Third Summit of Future Manufacturing and Trade in Dubai to strengthen partnerships and collaboration to bring about the change needed to support the development of life and communities. DP World’s participation in the event, as the official free zone partner, aims to attract some of the most talented minds from a variety of advanced fields such as aviation, sea, pharmaceuticals, fast-moving consumer goods and others. The company also seeks to promote industry and trade in support of the Dubai Industrial Government’s strategy, which set the goal of increasing its GDP by 165 billion dirhams by 2030 and creating 27,000 jobs with an expected export increase of 16 billion dirhams. Under the strategy, the industrial sector is expected to grow by An additional 18 billion dirhams by 2030. “The UAE is a pivotal role in the global supply chain and has been ranked 11th in the latest World Bank logistics performance index,” said Mohamed Al Muallem, Managing Director and General Manager, DP World, UAE. In the region as the future depends on the major technologies currently experiencing phenomenal growth. By 2021, the artificial intelligence sector is expected to grow by 55.1 per cent and the Qin Block by 61.5 per cent, automation by 28.1 per cent and renewable energy by 40 per cent. Jebel Ali Port and the Free Zone together set up a multi-functional platform by building the most integrated business and logistics centers in the GCC, as well as a commercial network of more than a third of the world’s population.
