Business | Investment

Mohebi to set up base in Dubai Logistics City

Firm to spend Dh350m on new headquarters

  • Staff Report
  • Published: 00:00 February 23, 2012
  • Gulf News

Dubai Mohebi Logistics said it plans to pump in Dh350 million, part of its Dh1 billion investments, to build its new headquarters and logistics facility in Dubai Logistics City (DLC) at Dubai World Central (DWC).

Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of Dubai Aviation City Corporation, and Mohammad Mohebi, Mohebi Logistics CEO, signed the lease agreement for the 1.5 million square foot plot. The Emirati company now joins the ranks of Aramex, Kuehne + Nagel, Panalpina, Hellmann Caliper, INL, RSA Logistics and other major industry players that are taking full advantage of Dubai World Central's infrastructure, multi-modal transport accessibility, dedicated services and facilities.

Shaikh Ahmad said: "Dubai World Central consolidates Dubai's position as a major international logistics hub. It establishes a strategic link to global markets and plays a crucial role in meeting the present and future needs of Dubai's aviation, tourism, trade and logistics sectors. More-over, Dubai World Central demonstrates the Dubai Government's commitment to support key industry players such as Mohebi Logistics by providing the right combination of world-class infrastructure and value-added services."

The construction of a new logistics base in DLC is part of Dh1 billion in investments that Mohebi Investments earmarked to establish itself as a major regional player. In order to expand and achieve a lean, efficient retail distribution business, Zainal Mohebi Group will consolidate its fast-moving consumer goods (FMCG) operations in a single location at Dubai World Central.

Mohebi said: "We are proud of the prospect of becoming a strategic partner of Dubai World Central and key contributor to Dubai's continued economic growth. It is important that Emirati talent and know-how offered by home-grown companies are developed to support our leadership's vision of creating a knowledge-based economy."

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