Chinese Companies To Invest $4 Billion In UAE Logistics Projects
Chinese Companies Set To Invest $4 Billion In UAE Logistics Projects Large logistics parks coming up in Jebel Ali and one near the Expo venue The UAE’s logistics industry is booming with more and more logistics parks that are coming up in Dubai and Abu Dhabi. Chinese companies are set to invest more than $4 billion (DHS. 14.68 billion) in Find a job in Dubai projects in Dubai and Abu Dhabi according to the President of the National Association of Freight and Logistics (NAFL). “Logistics business is in for a boom. Many projects are being built for Expo 2020 and Chinese investors are coming to Abu Dhabi and Dubai. There will be large logistics parks in Jebel Ali and one near the Expo venue. One is for food processing and the other is for manufacturing and exporting. There will be $4 billion (Dh14.68 billion) investment by Chinese companies. Abu Dhabi will also have a huge logistics project that will boost the trading sector in the UAE,” said Nadia Abdul Aziz,...