Dubai South has re-named its Aviation District as the Mohammed bin Rashid Aerospace Hub, in honour of the Ruler of Dubai and Vice-President and Prime Minister of the UAE, HH Sheikh Mohammed bin Rashid Al Maktoum.
During the same event, Dubai South announced the launch of a new 920,000 square-metre purpose-built e-commerce zone within Dubai South’s Logistics District.
With a total of AED 17 billion of government and private sector investments, the Mohammad bin Rashid Aerospace Hub is designed to create an effective value chain for the aerospace sector and increase the GDP contribution of advanced industries to the emirate’s economic growth.
The 6.7 square kilometre Aerospace Hub comprises of the commercial strip, maintenance and technical support, business aviation, education and R&D.
It is also home to the E2 Event and Exhibition Centre, a dedicated exhibition zone and permanent home of the Dubai Airshow and the Emirates Flight Academy.
“It is an honour to unveil the Mohammed bin Rashid Aerospace Hub in the presence of our leader HH Sheikh Mohammed bin Rashid Al Maktoum, who continues to demonstrate his untiring support to the aviation sector and see his vision of growth and development, and the future of Dubai come into reality,” said Khalifa Al Zaffin, executive chairman of Dubai Aviation City Corporation (DACC) & Dubai South.
“With the aviation industry as one of the key growth industries, it is only fitting to name this incredibly important hub in his honour,” he added. “The Mohammed Bin Rashid Aerospace Hub remains committed to elevating Dubai as the region’s aerospace capital by ensuring that we advance through excellence and deliver value that will benefit millions.”
EZDubai, a 920,000 square-metre purpose-built e-commerce zone within Dubai South’s Logistics District, was also launched at the event. It is intended to unlock vast potentials in online commerce, but will compete with Dubai CommerCity, the region's first dedicated e-com freezone.
It provides a range of Logistics facilities and business solutions designed for startups, SMEs, innovation labs and incubation centers to support local, regional and trans-continental businesses serving both business-to-business and end consumers.
“EZDubai is a pioneering effort by Dubai South to provide the local and regional e-commerce sector with a competitive platform that will boost further growth through a suitable business environment equipped with a range of high-quality infrastructure and supported by a facilitative regulatory framework, thereby enabling them to deliver faster delivery of products and services.,” said Al Zaffin
“We are confident that initiating this project will pave the way not only for large fulfillment centers, but for small and medium enterprises to tap Dubai’s leading model of economic development and contribute to the emirate’s GDP,” he added.
With e-commerce in the GCC and Egypt expected to grow from US $7 billion to US $24 billion by 2022, EZDubai seeks to add a strong value to the sector by providing an efficient supply chain focused on structured regulatory framework, complete ecosystem, and the dual warehouse concept.
The new e-commerce hub has six dedicated areas providing a total in excess of 550,000 sqm of leasable area for e-commerce and similar businesses intended as Last Mile Centers, E-Fulfillment Centers, Repair & Return Centers, Supply Centers, Business Blocks (shared buildings), and Business Blocks for Regional Headquarters.