UAE logistics sector 
to hit $9.5b in 2014

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(Staff Report)  www.gulfnews.com

DUBAI – With recent developments and initiatives in the logistics industry, the UAE is reaffirming its position as a leading international trade centre and logistics hub for the region.

Materials Handling Middle East reflects the latest trends and developments within the logistics and materials handling industries and receives strong interest from manufacturers, suppliers, agencies and government institutions from across the region.

According to recent market research, the revenues generated from the UAE’s logistics market are expected to hit $9.5 billion in 2014, representing an 8.2  per cent hike from 2010 at $7.03 billion.

There are always several core factors driving the growth of the sector. In the UAE, it is definitely the country’s infrastructure playing an important role. The growth, primarily driven by the UAE’s prime location, is being led by a number of factors including the latest Dubai airport.

Shaikh Ahmed bin Saeed Al Maktoum, Chairman Dubai Airports, President, Dubai Department of Civil Aviation and Chairman and CEO, Emirates has once again pledged his support for Materials Handling Middle East. The bi-annual trade exhibition covering the logistics, supply chain, freight and cargo industries will be held this year from September 25-27at the Dubai International Convention and Exhibition Centre.

Ahmed Pauwels, CEO, Epoc Messe Frankfurt, organiser of Materials Handling Middle East, commented: “We are working hard to ensure the delivery of a high quality, focused event in September and with this support we will build further on the show’s momentum. The transportation and logistics market in this region is a dynamic one with bountiful opportunities for business development.”

“This is a diverse and expansive industry which holds plentiful opportunities.  UAE has always celebrated its strong trade heritage from the past right through to the present day and we are confident that, driven by these most recent developments, this strong heritage will help to propel the industry’s growth.” He added. More info

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