In the presence of Hamdan bin Mohammed and the Indian Minister of Trade and Industry … Dubai International Port of announces the start of construction "Mart spices" In Dubai on an area of 2.7 million square feet
Dubai, April 10 / WAM / In the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, and His Excellency Biosh Goyal, Indian Minister of Trade and Industry, Dubai World Ports Group “DP and Recl” announced the start of the construction of “Mart Spices”, the global market that links the business of companies to each other, supports retail and wholesale trade in Dubai, and provides a global trade platform For Indian manufacturers and exporters, enables them to reach global markets.
Dubai World Ports revealed the virtual model of the new project scheduled to open by the end of the year 2026, as the start of building the new market building is a prelude to adding a transformative quality that redefines global trade ties between India and the Middle East, and other regions of the world.
On this occasion, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said: “Dubai has invested in a global infrastructure and established an effective transportation and communication network that links it all over the world … The advanced logistical capabilities that Dubai enjoys make it a partner able to provide a real added value of India in its endeavor to expand its global trade and with the great growth in the volume of inter -trade, and the prosperity of more than 2,300 Indian companies in the region Free in Jebel Ali, Mart spices will enhance economic partnership with India. “
For his part, His Excellency the Indian Minister of Trade and Industry praised the expected impact of the new market, and said that the Mart spices are a transformative project launched by the Dubai World Ports Group, and it carries tremendous potential, and we look forward to the completion of the construction work, and will guarantee the efforts of “DP and Reeld” in developing the virtual commercial corridor between India and the UAE to advance trade exchange to new horizons, in line with the goals of the comprehensive economic partnership agreement between the two countries as well We appreciate the group’s efforts to build new horizons and opportunities that enable the small, small and medium -sized Indian companies to reach African markets.
His Excellency Sultan Ahmed bin Salim, Chairman and CEO of the Dubai Ports Group “DPDDRID” said: The UAE and India aim to reach their non -oil interface to 100 billion US dollars by the year 2030, and the Mart spices will be a major engine in achieving this strategic goal, and we confirm the commitment of Dubai World Ports to enhance the movement of trade by developing a global logistical infrastructure, and opening markets New, support sustainable economic growth.
The “Mart Spices” extends over an area of 2.7 million square feet, covers its first phase 1.3 million square feet, and will be a major commercial center for micro, small and medium -sized Indian companies and features a strategic location in the Jabal Ali Free Zone (Jafza).
The market will include 1500 showrooms, more than 700,000 square feet of modern warehouses, light industry units, office spaces, and meeting rooms, with space for business entrepreneurs from India.
The “Mart Spices” is only 11 km from Jebel Ali Port, 15 km from Al Maktoum International Airport, and close to the Federation’s train network, providing Indian companies smoothly to a multi -style logistical network.
Through the Jebel Ali system, exporters will be able to reach 150 naval and air destinations, in addition to links with more than 300 cities around the world, which enhances their access to the markets and increases their efficiency.
“Javza” continues to play a major role in bilateral trade between the UAE and India by hosting more than 2,300 Indian companies after the establishment of 283 new Indian companies in 2024, an increase of 15% on an annual basis, which contributes to strengthening Dubai’s position as a vital global commercial center.
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