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Warehousing 23
purpose the investor deems, like an office, storage area or for front
desk operations," Al Hazzaa said.
As for the accommodation of labourers and employees within the
industrial city, Al Hazzaa related that, "25 per cent of the project
is allocated to build housing complexes that cater to the needs of
labourers and employees in different sectors. The housing
facilities include health care centres, convenient shopping stores,
and other requirements for the community."
"Emirates Industrial City is a stand-alone city. Our master plan
allocates areas for landscaping and recreation to offer an attractive
and healthy working environment," Al Hazzaa continued.
Terms and considerations
The warehousing project is marketed mainly to logistics,
shipping, and cargo operators due to the location of the project,
explained Al Hazzaa, but promptly stressed that the units are also
designed to accommodate "light assembly operations,
distribution centers, and even trading activities."
"We envision this site to be a zone dedicated for furniture traders –
where they could assemble, store, and trade at the same place.
Because most furniture showroom warehouses in the UAE today
include only a limited space for storage and no allocated space for
assembly or trading – and that’s where we’re different," Al Hazzaa explained.
On availability concerns, Al Hazzaa explained that, "the
warehouses won’t be for sale, but are available on a lease basis –
with one year as a minimum lease period."
"The spaces are available on a short, medium and long lease
terms. These considerations are provided to clients, but we
encourage the medium and long term basis, so they could ease
their minds when it comes to fluctuations. Another option that we
are willing to consider is fixed rates for 10 to 20 years of lease," Al
Hazzaa related.
All set
According to Al Hazzaa, the first phase of the whole EI City
project will be finished "hopefully by the end of 2007; and the
warehousing project, by the end of 2008."
"Several investors have already pre-booked because of our
flexible rates and conditions, plus we truly believe that our
project is ready to go," Al Hazzaa said.
However, the Director General encourages would-be investors to
come visit the site, which is now accessible via the Sharjah Road,
Exit 7. "Seeing is believing. And right now, some units are ready.
The infrastructure is done. Come and see the possibilities our project
offers."
"We are currently in discussion with big groups in warehousing
facilities and other industrial companies; and they look forward
to when Emirates Industrial City becomes their business address,
much like Jebel Ali and the others. Definitely very soon, Emirates
Industrial City would be a major address on the map of UAE," Al
Hazzaa concluded.
Supply Chain & Logistics Group | www.sclgme.org