First phase of aerospace facility completed at Dubai South
Dubai South, a new district that will sprawl over 145 square kilometres when complete, yesterday said it had completed the first phase of its aerospace supply chain facility as part of Dubai’s 2030 industrial plans.
The facilities will be built over three phases and when complete next year will span over 157,000 square metres. The second phase will begin in March and is due to complete by the end of this year, while the third phase will start in July and is scheduled to be finished by mid-2018.
"The key advantage of the aerospace supply chain is its strategic location that offers unrivalled access to both the Al Maktoum International Airport and Jebel Ali Port, as well as benefits from Dubai South’s multi-modal logistics platform," said Ahmed Al Ansari, acting chief executive of Dubai South.
The first phase includes a landside facility stretching over 9,000 square metres and 12 units catering to small and medium enterprises in the maintenance, repair and overhaul sector.
The first tenant in phase one is Lufthansa Technik Middle East, a provider of specialised technical services to the aviation industry.
Dubai in June launched its industrial strategy aimed at generating an additional Dh165 billion for the emirate’s economy by 2030 through the development of six sub-sectors. The strategy also envisages creating 27,000 jobs, and increasing exports by Dh16bn.
The industrial sector contributed 14 per cent to the Dubai’s GDP in 2014.
( courtesy of TheNational )