DP World’s Jebel Ali Free Zone (Jafza) and Transworld Group today announced the signing of an agreement to construct a 50,000+ square metre, dry and temperature-controlled distribution centre in Jafza.
The facility, which Jafza will develop, represents a significant expansion for Transworld that will nearly double its regional capacity while expanding the Free Zone logistics infrastructure.
Abdullah Bin Damithan, CEO and Managing Director of DP World GCC, said: “We are delighted to continue our longstanding relationship with Transworld Group by partnering on this project. This agreement reflects our commitment to providing state-of-the-art solutions that cater to the diverse needs of our clients and foster business growth in Jafza while solidifying our position as a leader in the logistics sector.”
The warehouse construction is scheduled to begin in early 2024 and is expected to be completed by 2025, with the expansion coming on the heels of Transworld Group opening its new Cold Chain Distribution Centre in Jafza earlier this year.
Ramesh S. Ramakrishnan, Chairman of Transworld Group, said: “This is a momentous occasion for Transworld Group and a reflection of our faith in DP World, Jafza and the UAE. This mega distribution centre will be a landmark for Transworld, symbolising our growth and expansion over the last five decades. It will also complement our foray into the food processing sector. We are thankful to Jafza and DP World for facilitating this venture of Transworld and look forward to many more milestones through this partnership as we continue serving our customers.”
The agreement was officially signed in the presence of Abdullah Bin Damithan, CEO and Managing Director of DP World GCC; Abdulla Al Hashmi, Chief Operating Officer, Parks & Zones at DP World GCC; Ramesh Ramakrishnan, Chairman of Transworld; Ritesh S. Ramakrishnan, Managing Director at Transworld and Anisha Ramakrishnan, Director at Transworld.
Since being established in Jafza in 2005, Transworld has proliferated, with its facility in the Jebel Ali Free Zone serving as a central distribution hub and complementing its logistics and ship-owning businesses. The upcoming facility will bolster Transworld’s capabilities further, featuring cold and frozen chambers to accommodate a range of temperature-sensitive products.