DP World UAE Region has carried out the export of 75,000 metric tonnes of rebar for Conares, a steel manufacturer in the Middle East, as part of the UAE government’s ‘Operation 300bn’ initiative.
In a statement, DP World UAE Region said the rebars that were manufactured at Conares’ facility in the industrial sector of Jafza were exported internationally for the first time with end-to-end handling of the cargo done by DP World’s Jebel Ali Port Operations.
According to DP World UAE Region, this “first-of-its-kind operation” will open doors for many more such business operations.
Commenting on this, Abdulla Bin Damithan, CEO & Managing Director, DP World – UAE Region and Jafza said, “The industrial sector has been a key pillar not only for DP World, UAE Region, but also for the nation.
“His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai recently launched ‘Operation 300bn’, a national industrial strategy aimed at raising the manufacturing sector’s contribution from AED133 ($36.21 billion) to AED300 billion ($81.6 billion) over the next 10 years, and the ‘Make It in The Emirates’ initiative, the UAE’s industrial identity to support domestic products and promote the sector globally.
“We, at DP World, UAE Region, have always worked in alignment with the development goals of our wise leadership.
“Through our collaboration with Conares, we hope to underpin the front-running position of the UAE’s industrial sector.
“We are confident that Conares’ manufacturing facility and our Jebel Ali Hub with its world-class logistics ecosystem will lead this vision.”
Bharat Bhatia, Chairman of Conares also commented, “Conares has been recognised as a premier producer of quality steel in massive quantities from Dubai, the strategic hub between the East and the West.
“We have always aligned our model to support the industrial goals of the nation and consistently worked towards making each of them a reality. We are excited to be part of the UAE’s government’s ‘Operation 300 bn’ initiative by exporting 75,000 MT ‘made in UAE’ rebars manufactured by Conares.
“DP World, UAE Region’s stellar trade and logistics hub has enabled us to continue our endeavours.
“This export shipment showcases our commitment towards the same causes that DP World, UAE Region endorses. The tireless work and the unending support of the team at DP World, UAE Region and Jafza has made the success of this shipment possible.”