Work to Start on Fujairah's Smart Logistics City

The UAE emirate of Fujairah has reached an agreement with Niras, an international, multidisciplinary engineering consultancy, to start the construction of the first phase of its ambitious Smart Logistics City project.

The agreement was signed in the Danish capital of Copenhagen by Mohammed Saeed Al Dhanhani, the head of the Emiri Court in Fujairah, the director-general of the Fujairah Investment Corporation and representative of the Fujairah government, with Karol Marcinkowski, the chairman of Niras, in the presence of its CEO Martin Pedersen.

The project, which will come up on a 68,000-sq-m area of land at a primary location, is set to be developed in three phases over the next five years, reported state news agency Wam.

As per the partnership deal, the work on the initial phase will begin by end of 2018, it stated.

Al Dhanhani pointed out that the project reflects the global economic and investment presence of Fujairah and its comprehensive future development vision, based on the directives of the emirate's leadership.

Fujairah's investment-friendly environment and flexible economic legislations have contributed to the launch of various investment projects, including the Smart Logistics City, he added.

Pedersen pointed out that Fujairah was chosen for the project largely due to its strategic geographic location near Africa and Asia.

"The Smart Logistics City will provide a new and innovative way of conducting business in the UAE," remarked Marcinkowski.

The designing of the offices and smart storage systems will make the new business park the prime choice for businesses targeting emerging and local markets, he added.

Source: Trade Arabia