Dubai: The Centre Point Logistics (CPL), Dubai’s leading provider of logistics, warehousing and storage facilities, is geared up to commence operations of the new state of the art warehouse at Dubai Logistics Corridor in Dubai South.
Since the groundbreaking of new 242,726.2ft² warehouse in December 2015, a series of new storage and warehousing business enquiries pushed the company to complete its construction before the targeted time. 90 per cent construction work has been completed. Remaining work will be done by the end of current year. The new facility has consolidated CPL foothold in regional market.
With current total investments of over AED 100 million in warehouse and distribution space of over 3 million square-feet in UAE and Oman, CPL’s turnover is expected to increase to around AED 50 million per year.
Establishing the warehouse at the Logistics Corridor in Dubai South enables CPL to leverage proximity to Expo 2020 site, Dubai’s Jebel Ali Port, the Al Maktoum International Airport, the world’s largest airport in the making, which gives the company an edge in terms of time saved and significant reduction in operational costs.
Oliver Pesov, the deputy general manager of CPL, said: “The company has always been part of Dubai’s growth story and its futuristic vision, which is lead by the ruler of Dubai. Today Dubai enjoys its position as the most favorite place in the Middle East and a significant player in international trading and supply chain. CPL’s substantial investment into its new facility has strengthened company’s operational efficiency and increased its market share. The strategic move comes at an opportune time when there is a growing need for solid logistics infrastructure to support the rapidly growing global logistics sector. Dubai South’s Logistics Corridor presents the ideal platform to facilitate CPL’s regional growth strategy.”
The latest facility will offer a range of integrated logistics support services; from warehousing, transportation, technical and skilled labor to equipment, and value added services.
Dubai’s sea-air transport allows transit time of only 15 to 17 days from origin to a destination airport, and savings on cost of as much as 50% compared to pure airfreight. The ‘Dubai Strategic Plan’ indicates city’s growth is a result of government’s strategy in developing sectors that have been the key contributors to economic growth, including transport and logistics. This position on the globe has cemented Dubai and the UAE’s place as a leading sea-air multimodal transport hub in the world.
About Centre Point Logistics (CPL):
Centre Point Logistics (CPL) aims to strengthen Dubai’s competitive position in the global logistics sector through innovative and proactive solutions offered to local and international third-party logistics (3PLs) providers. Enabling 3PLs to provide their multi-national customers with world-class services in the region through an unprecedented ‘Open Architecture Model,’ CPL aims to forge strategic partnerships across the logistics industry to save resources, time and money while adding value to partners and clients through enhanced efficiency and competitiveness.
About SS Lootah Holding (SSLH):
Saleh Saeed Lootah Holding (SSLH) is a family-owned diversified business house with rich heritage and highly ambitious young leaders adorned with new ideas and innovative minds. The several Saleh Saeed Lootah Holding initiatives and companies are embodiments of the vision of Chairman Saleh Saeed Lootah, the founder and an iconic second generation leader guided by enduring values and global thought leadership.
SSLH leads ventures across key industries: from Construction to Real Estate; Energy to Financial Services; Logistics to FMCG, among several others. The entrepreneurial culture of Saleh Saeed Lootah Holding has been the catalyst that brought home-grown businesses to the global scene. Saleh Saeed Lootah Holding is a driving force for the national and regional economic growth, progress and innovation with global reach.
About Dubai South:
Dubai South – the rebranded Dubai World Central – is an emerging 145 sq. km. city situated within the emirate of Dubai that will ultimately sustain a population of one million. Launched as a Government of Dubai project in 2006, the city is mandated to embody the vision of His Highness Sheikh Mohammed Bin Rashed Al Maktoum by manifesting the urban and societal themes as outlined in the Dubai Plan 2021. These themes relate to becoming a city of happy, creative and empowered people, an inclusive and cohesive society; the preferred place to live, work and invest, a smart and sustainable city, and a pivotal hub in the Dubai South’s economic platform supports every conceivable kind of business and industry. The city is also home to the now-operational Al Maktoum International Airport –the largest airport in the world when complete – and the World Expo 2020.
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