National Trading and Developing Establishment (NTDE) Group, distributors of over 6,000 products in the UAE and Integrated Logistics Bhd (ILB) announced a landmark joint venture, under which the two companies will build a central hub in Dubai to provide extensive logistics services to the Middle East and Africa.
The Dubai hub, built in response to the rapidly growing logistics requirements of the region, will provide a plethora of services to Middle Eastern and Asian countries, including vendor managed inventories, Risk Management through outsourcing, on-site logistics management, cross border transportation and regional distribution centers.
The joint venture benefits each company with specialized logistics strengths; NTDE has extensive experience in warehousing, storage, fleet management, third party logistics and IT while ILB is a powerhouse in logistics services, warehousing (bonded and non-bonded), international freight forwarding and customs brokerage and transportation and container haulage. The venture is geared in particular to handle logistics operations in relation to electrical and electronics items. The Joint Venture also covers Malaysia, China and Dubai, United Arab Emirates.
“We are broadening our Middle East and North Africa operation with the new central hub in Dubai,” said Farid Ahmadi of NTDE. "During this expansion process it is essential that a world-class infrastructure facility is in place to meet the growing demands of the market. In order to provide better services to customers, more sophisticated use of technology is vital as these results in associated cost-savings and improved performance.”
New fully integrated technologies are being deployed, as the backbone of this new infrastructure, and will comprise a range of logistics solutions. As the volume of trade in the Middle East increases and more companies look to do business in and around the region. In the UAE alone we have seen a tremendous growth in the logistics industry,” he added.
“We consider our association with NTDE a valued and timely diversification. The foundation of the new hub is a clear signal that we are investing in the development of future markets. This step brings us even closer to our customers and allows us to strengthen our focus on their requirements, in line with our vision to provide better and fast services to our customers,” said a representative of ILB
National Trading and Developing Establishment (NTDE) has, for more than three decades, been at forefront of bringing world-class brands and services to the Middle East. What started as a small retail operation has grown into a multi-million dollar business across many divisions with major international brands distributed by NTDE in the UAE.
Since its founding in 1971, NTDE has been a pioneer in bringing quality brands to the Middle East. The company still remains a family concern, headed by founder and Chairman Hassan Ahmadi. NTDE today is a regional powerhouse with more than 6,000 products distributed across the United Arab Emirates, The Sultanate of Oman and Iran.
