Sultan Ahmed Bin Sulayem, Chairman of Ports, Customs and Free Zone, underlined that motor vehicles and spare parts sector is a major constituent of the local economy, noting that Dubai Customs is keen on providing all forms of facilitation to traders carrying out import, export and re-export businesses as part of its strategic objectives to enhance Dubai`s economic development.
Sultan Bin Sulayem said these remarks during a meeting with automobile spare parts dealers and representatives of used cars companies operating at Dubai Cars & Automotive Zone ( DUCAMZ ).
The meeting was part of Dubai Customs’ regular meetings, with different business communities in order to learn about their opinions and suggestions for improving the business and the quality of services they receive.
In addition, such meetings are one of Dubai Customs’ communication and interaction tools with its clients aiming at learning about the obstacles they may face and suggesting solutions to them through simplifying measures and accelerating trade movement.
The meeting was attended by Yousef Al Sahlawi, Senior Executive Director of Corporate Affairs at Dubai Customs, Ahmed Mahboob Musabah, Executive Director of Customer Management Division, Ahmed Abdul Salam Kazim, Senior Manager of Strategy and Corporate Excellence Department and Samira Abdulrazzak, Director of Clients Management.
Dubai Customs considers its clients as strategic business partners, voicing keenness on engaging them in decision-making process that has to do with simplifying procedures and improving the quality of services offered to them through several channels of communication such as the separate focus group meetings during which which all issues and queries are discussed and raised with complete openness and transparency.
Dubai Customs announced that Dubai`s auto parts foreign trade reached AED 36 billion in 2011, representing a growth rate of 12% from 2010.
The total value of Dubai’s imports of automobile spare parts stood at AED21 billion during 2011 and AED15 for exports and re-exports.
Dubai’s trade of auto spare parts grew by 7% to AED9.3 billion during the first quarter of 2012 compared with the same period last year, with imports AED5 billion for imports andAED4.3 for exports and re-exports.
A total of 173.000 used cars were sold at DUCAMZ during 2011 at a value of AED2 billion, while the trade volume of used cars reached AED680 million during the first quarter of 2012, representing a growth rate of 40% from the same period last year with a total number of used cars reaching 50,300.