The UAE’s logistics market has grown by 15 percent to $27 billion from 2013, according to a recent report by Frost & Sullivan. The global analysis firm highlighted a number of sectors that have driven the logistics boom, including automotive exports. The report follows reports that the logistics sector is set to expand by 33 percent by 2017.
The role of the UAE as an important gateway to Africa is well understood, with a skilled workforce and advantageous geographic position, the UAE is in an ideal position to support businesses seeking to expand operations in the continent. In the realms of trade, manufacturing and transportation, the UAE offers a wide range of services to prospective investors and has proved attractive to businesses from all over the world, including Asia.
One of the drivers of the logistics market is the automotive industry. The exportation of vehicles and the movement of parts are providing substantial opportunities for those in the material handling business. The number of cars on the road in the MENA region is set to reach 33.9 million and the opportunities are there to be taken.
The largest logistical fair in the region, Materials Handling Middle East 2015, will be held in September and Ahmed Pauwels, CEO of organizers Messe Frankfurt Middle East said, “FMCG, retail, pharmaceuticals, oil and gas, automotive and logistics, are all sectors that rely on materials handling equipment to optimize productivity, from the storage, control, movement, and protection of products, through to their consumption and disposal.” The show covers areas such as logistics and the materials handling of FMCG, automotive parts, retail, pharmaceuticals and oil and gas.