DP World enters a triparty deal to build $54bn worth agri-facilities in Jebel Ali

  • Date: 28-Jul-2022
  • Source: GCC Business News
  • Sector:Agriculture
  • Country:UAE
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DP World enters a triparty deal to build $54bn worth agri-facilities in Jebel Ali

DP World UAE has signed two new development projects with multinational agricultural commodity processors, strengthening the F&B cluster and capabilities within Jebel Ali in Dubai, in line with the UAE’s National Food Security Strategy 2051.

The new integrated facilities will enhance the year-round availability and production of essential grains and pulses. The concessions with Adroit Canada and Al Amir Foods in the Jebel Ali Port will ensure a reliable, consistent, and safe agricultural value chain within the region. They will be built over a quayside plot of nearly 100,000 sqm, where the companies have leased an area of 61,000 sqm.

The signing ceremony was attended by Mr. Abdulla bin Damithan, CEO & Managing Director, DP World UAE and Jafza, Mr. Yogesh Raipuria, Chief Executive Officer, Adroit Canada, and Mr. Yasin Abdul Majid Ranani, Managing Director, Al Amir Foods, and other officials from the entities.

With an estimated investment of $54.5 million, the facilities will have a singular ecosystem for bulk silo storage and agri-processing. DP World will also invest in the most versatile and technologically advanced grain and pulses automated material handling and ferrying systems as part of the project. The facilities, scheduled to commence operations in two years, with be expanded further