DWC Auditors (Dubai World Central )
The spirit of entrepreneurship and visionary foresight has been the hallmark of Dubai’s meteoric rise as a preeminent global destination. From the creation of Port Rashid to the Dubai Metro, the emirate has a tradition of investing in its future and developing the infrastructure necessary to spark future growth and further diversification of its economy. Dubai World Central is a continuation of this legacy.
The strategic underpinning of the master-planned development is based on three key factors: Dubai’s geographic location, the increasing importance of airports and the region’s booming aviation sector.
Dubai is a vital connection point between East and West. Facilitating the global flow of goods, services and ideas, Dubai’s foreign trade amounted to USD 190 billion in 2011. Furthermore, its location positions it as a gateway to the emerging MENASA (Middle East, North Africa and South Asia) markets, which have a cumulative GDP of USD 3.6 trillion (2009) and an estimated one-quarter of the world’s population.
DWC further cements Dubai’s leading position as a logistics and trade hub. It takes advantage of Jebel Ali Port (the largest container port between Singapore and Rotterdam) and seamlessly connects it to Al Maktoum International Airport through the dedicated Dubai Logistics Corridor. This forms a single custom-bonded zone, reducing time on the ground and accelerating the flow of sea-to-air/ air-to-sea cargo. With direct access to the major trans-emirate road networks, DWC is a true multimodal logistics platform providing unprecedented levels of connectivity, speed and efficiency. Leading logistics businesses such as Aramex, Kuehne + Nagel and Panalpina are taking advantage of DWC’s dedicated Logistics District to grow their businesses within the region and beyond.
THE RISE OF THE AIRPORT CITY
Today’s businesses demand increasingly faster speeds of delivery and greater levels of connectivity. This is driving up demand for air transportation to the point that 35% of world trade by value (2010) now depends on it — a percentage that is sure to increase over time. Today, an airport is an economic catalyst and has expanded beyond traditional boundaries to encompass a larger urban development centered around it, forming an ‘aerotropolis’.
Embracing the aerotropolis model, DWC is the result of a carefully designed, forward-looking master plan that sets the framework for Dubai’s economic future. An area of 140 square kilometers has been designated to create a self-sustained economic zone to support a multitude of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and leisure related businesses around a world-class airport with the planned annual capacity of 12 million tonnes of cargo and 160 million passengers.
FOCAL POINT OF GLOBAL AVIATION
In recent years, the Middle East has emerged as the center of the global aviation industry. With powerful players such as Emirates, Etihad Airways and Qatar Airways breaking records and bucking industry trends with remarkable growth and ambitious expansion plans, the region is a key market for companies throughout the entire aviation supply chain.
A dedicated aviation district has been designed with both landside and airside access to the Al Maktoum International Airport to capitalize on the opportunities. DWC is committed to creating a viable aviation industry cluster and encouraging the development of FBO’s, MRO’s, manufacturers, education institutions, consulting and other aviation-related businesses to service and meet the growing demands of the region.
This ambitious, multi-phased development is an example of Dubai’s bold and visionary spirit and is managed by the Dubai Aviation City Corporation under the leadership of H.H. Sheikh Ahmed bin Saeed Al Maktoum.
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