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<strong>NAFL</strong> REVIEW News & Updates Jafza's automotive & spare parts sector trade valued at $5 billion Mohebi set to celebrate 85 yrs. in business Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World & Chairman of Ports, Customs and Free Zone Corporation Jebel Ali Free Zone (Jafza), Dubai and the UAE's flagship trade and logistics hub for the Middle East region including West Asia, the CIS, Africa and the Indian Subcontinent announced its participation in Automechanika Frankfurt 2016 recently held in Germany. Jafza highlighted the Middle East and Africa's rapidly growing automotive markets at the international trade fair for sector parts, equipment and service suppliers. As the Middle East's trade and logistics hub, Jafza seeks to attract more auto industry majors into the Free Zone interested in expanding their presence in the region. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation, said: “The automotive sector in the Middle East and Africa (MEA) continues to post impressive growth rates with international brands keen to be a part of this success by increasing their footprint across the region. According to Frost & Sullivan, total light vehicle sales in the Middle East are estimated to reach 4.4 million by 2020 compared to 3.2 million in 2015. “This provides major opportunities for European multinationals in the auto sector and we encourage other majors in Europe to come to Jafza to take advantage. Jafza is the only regional trade and logistics hub in the world which is located between a world-class seaport and an international airport.” Mr. Bin Sulayem added: “The dynamic growth in the sector reflects the bright prospects for the industry over the next few years . The buoyant mood in the auto sector in the GCC and MENA offer long-term growth opportunities to Jafza based companies as well as multinationals who want to capitalise on the world's most attractive auto industry market.” Ibrahim Mohamed Al Janahi, Deputy CEO and Chief Commercial Officer of Jafza, said: “The automotive sector is one of the most dynamic and innovation driven in Jafza. The free zone is currently home to over 620 automotive companies which includes global names such as Honda, Nissan, Ford, GM, Daimler & Chrysler, Caterplllar, Mobis and Schaeffler among others. Jafza Automotive sector generated trade worth $5 billion in 2015.” According to firm Frost & Sullivan,the number of vehicles on the roads in the Middle east and North Africa is forecast to rise to 44.5 million in 2020. This growth is expected to drive demand for parts and accessories with sales in 2020 projected to reach $17.2 billion compared to $12.98 billion in 2015. Jafza is currently home to over 7,000 businesses including more than 100 Global Fortune 500 enterprises. Over three generations ago Baqer Mohebi opened his first store in the old Dubai Souk in 1931. He created jobs, invigorated the local market and set the benchmark for a family business that, with his son Zainal Mohebi at the helm, has grown and prospered alongside Dubai's own evolution. Today, as Zainal Mohebi Holdings (ZMH) prepares to celebrate its 85th year in business, CEO Mohammed Mohebi continues this robust legacy with his team and family. New facets are being added to the business models, ensuring that Mohebi remains a well-respected and forwardlooking Emirati business enterprise. F o r e m o s t a m o n g t h e s e a r e t h e preparations of the new corporate headquarters and warehouse facilities in Dubai South that will bring the entire ZMH family under one roof. In parallel, the organization is implementing a r e g i o n - w i d e M o h e b i L o g i s t i c s educational program involving UAE universities, academies and government sectors. It will offer young UAE Nationals the opportunity to gain a degree and work in the fi e l d o f p r o d u c t l o g i s t i c s , w h i l e understanding its challenges and embracing its opportunities. COO Phil Showering is spearheading the initiative for Mohebi Logistics and explains the practical aspects: “We're working with various universities and academia to shape a degree course in Export Logistics. This will cover industry best practices, the unique aspects of the GCC markets and the integration with global markets. Internship placement will be one of the core modules.” In addition, Mohebi Logistics, an affiliate of the Zainal Mohebi Holdings, is due to move i n t o t h e G r o u p ' s n e w c o r p o r a t e headquarters and main warehouses in D u b a i S o u t h b y 2 0 1 7 . T h i s n e w development, doubling its storage capacity, will make Mohebi Logistics one of the largest FMCG Logistics companies in the Middle East. Sep-Oct 2016 / 12
News & Updates GCC delivers on USD2 trillion megaprojects with European best practices <strong>NAFL</strong> REVIEW Construction of 20 berths planned at Port of Fujairah The ICC in The Netherlands features open interior plans and integrates nature European best practices in mega-projects are key for the GCC to deliver on its USD2 trillion project pipeline, industry experts announced before Cityscape Global. The GCC hosts a mega-project pipeline worth USD2 trillion, especially in megaprojects tied to Expo 2020 in Dubai, the 2022 FIFA World Cup Qatar, and Saudi Vision 2030 projects such as the King Abdullah Financial District, according to a recent survey by consultancy Deloitte. “Increasingly, GCC planners and developers are localizing best practices from Europe to enhance the worker and visitor experience,” said Santhosh Vallil for the Middle East at Hunter Douglas, a mega-project consultancy based in The Netherlands. “GCC mega-projects need to make a signature statement. But they should also place user needs at the center, with a pedestrian scale of construction, open plan interiors that can re-arranged for different stakeholders, and links to nature and sustainability,” added Santhosh Vallil. In the GCC, Hunter Douglas has advised on large-scale projects such as Masdar Institute and Zayed Sports City in the UAE, and the Qatar National Convention Centre. Now, GCC planners are looking at the success of the recently-opened International Criminal Court (ICC) in The Hague in The Netherlands. The 56,000 square meter complex employs 1,200 staff from 124 countries who prosecute people allegedly involved in war crimes, genocide, and crimes against humanity. The six-building ICC complex maintains safety, but is also open and transparent, grand but with a sense of human dimensions. In particular, the project has a small footprint that integrates the dune area on the edge of the city. Inside, the ICC delivers a strong design statement with a sophisticated, crisp, and functional finish. Hunter Douglas aluminium ceiling panels, which are perforated and inlaid with acoustic mats, cover 29,000 square meters of offices, courtrooms, and public areas, which can be partitioned for extra room. Supporting sustainability, ICC offices are lit with 100,000 LED lamps that are integrated into the ceiling panels. The panels also provide a place for air quality and fire safety installations to be tucked away. Two new berths for fuel bunkering will be constructed at the Port of Fujairah, according to Chief Financial Officer Khalil Ibrahim.Ibrahim added that the construction is expected to cost AED100 million. He noted that this construction will increase the number of oil berths to 20, with a total handling capacity of some 100 million tonnes, equivalent to about 750 million barrels of crude oil and petroleum products per year. Ibrahim told local media that these new berths would assist the Port of Fujairah to integrate its services, in line with the rapid growth in the port, especially in the oil berths' sector. He further explained that the Port of Fujairah receives more than 5,500 ships annually, in addition to visits by more than this number of ships that receive logistical services in the anchorage area adjacent to the port. Ibrahim added that in order to avoid congestion in the harbour basin, the Port of Fujairah is currently working to establish a new port to receive small ships, with an initial capacity of 150 small ships and locomotives at the south of the current location of the Port of Fujairah, at a cost of AED 220 million in the first construction phase.There will be other stages, as per requirements, while the opening of this port is not expected for at least one year, he said. Ahmed Mahboob Musabih speaking at the conference 13/ Sep-Oct 2016
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