
On the sidelines of Gulfood, which is being held at the Dubai World Trade Centre until February 21st, the region’s top industrial and logistics ecosystem revealed that Dubai Industrial City has drawn over Dhs350 million in investments from the food and beverage (F&B) industry in 2024.
In 2024, more than 25 F&B customers leased 1.7 million square feet of premium industrial spaces in Dubai Industrial City, one of TECOM Group PJSC’s 10 business districts, reflecting the growth of the regional sector and reinforcing business confidence in Dubai’s status as a centre for innovation and market expansion.
On behalf of Dubai Industrial City, Saud Abu Alshawareb, Executive Vice President of Industrial at TECOM Group, stated that localised production is crucial to promoting socioeconomic success in the F&B industry.
In keeping with the long-term objectives of the UAE’s National Food Security Strategy 2051, he continued, “We must cultivate holistic value chains to support the sustainable growth and long-term security of our food stock.
The Silver Line Gate Group’s (SLG Group) integrated hub, which produces over 100,000 tonnes of dairy products annually, including butter and milk products, was one of the notable F&B investments made in Dubai Industrial City last year. The SLG Group has started building the corporate headquarters, warehouse, and production facilities that will open this year.
Also Read:
Top Japanese TV Executives Depart after Misconduct Charges against a Celebrity Presenter
Trump and Modi Discuss Trade and Immigration; Modi to Visit America in February