Contemporary Global Logistics
Challenges
Mohammed Sharaf,
Group CEO, DP World
“We believe
that logistics challenges are opportunities.” Dubai is well placed at the
crossroads of the world trade to host World Expo 2020 and mobility by land,
sea, air and rails is vital to the staging of such an event. The UAE has more
than 12,000 kilometres of roading –and growing –and 75 kilometres of light
rail, the Metro.
For the
supply chain, the future will see even greater multi-modal connectivity with
the Etihad rail development underway, and the further development of the Dubai
Logistics Corridor and the Al Maktoum Airport. This linkage of sea, air, road
and rail is unique in the wider region.
The Dubai
Trade electronic portal further enhances the capabilities of supply chain. It
integrates more than 800 e-services of DP World, Economic Zones World, Dubai
Customs and Dubai Multi Commodities Centre, in addition to several leading
banks cutting red tape and oiling the wheels of business. More than 70,000
companies in the trade and logistics sector are now plugged into the system
conducting nearly 15 million online transactions – a growth rate of 21 per cent
over 2011.
Both the
physical and virtual connections are what makes Dubai the ideal base for
trading across borders. This has been recognized internationally with Dubai now
being ranked no. 1 for facilitating trade in the region and fifth in the
trading across borders category of the World Bank’s Doing Business Report 2013.
excerpted from CityScape.
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