Friday Focus: DP World to Open BRI Logistics Station

 05 Oct 2018 11.35am

DP World has announced it will build a logistics base as part of China’s Belt and Road Initiative (BRI), in partnership with Zhejiang Provincial Seaport Investment & Operation Group (ZPG).

Named the Dubai Station, the logistics hub is part of an increasingly strong trade and investment relationship between China and UAE.

Where does Dubai sit in the global supply chain? Find out with a PTI Insight

The ceremony was attended by Mohammed Al Muallem, CEO and Managing Director of DP World UAE, and a delegation from ZPG.

Find out more about China's BRI plans by reading a Port Technology technical paper

Trade between the two countries reached $50 billion in 2017, compared with US-UAE trade in the same time period which was $25.8 billion.

PTI Insight: These Three Ports are Where China Sees its BRI flourishing

The UAE is the 25th largest economy on Earth, and the fifth biggest oil exporter. In recent years it has made substantial efforts to diversify its economy.

A big part of that is utilising smart technologies, which Dubai is currently doing to the point where it hopes to be the world’s first fully integrated ‘Blockchain City’ by 2021.

Read more:

  Automation and Optimisation , Automated Decision Making, Digitalisation, Process Automation, Finance, Global Economy/Trade, Port Planning, Ports, Shipping