Maktoum witnesses launch of Dubai Auto Market development project

Under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, to develop the Dubai Auto Market into the world’s largest and most advanced of its kind, Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, witnessed the launch of the Dubai Auto Market development project.

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Sheikh Maktoum also witnessed the unveiling of the project's visual brand identity. The landmark project, set to cover an area of 22 million square feet, is being developed by DP World, which was chosen considering its extensive logistics expertise and its global network that ensures exceptional access and connectivity.

Sheikh Maktoum said, "Under the vision and directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Dubai continues to solidify its status as one of the world's leading economic and commercial centres.

"The Dubai Auto Market reflects this ambitious vision and is a significant addition that will reinforce Dubai's position among the world's most prominent and rapidly growing automotive trade hubs, leveraging an advanced infrastructure and a global logistics network, managed by DP World, that spans continents." He noted, "The Dubai Auto Market is conceived as an all-in-one destination; a global hub for automotive enthusiasts and investors alike. Its state-of-the-art facilities are designed to accommodate expansive showrooms and warehouses, host major international conferences and events and foster a cluster of light industries for vehicle assembly and trade. The market is set to attract new investment, further driving economic growth and advancing the goals of the Dubai Economic Agenda D33 to double the emirate's economy by 2033 and establish Dubai among the world’s top three urban economies."