Ahmad bin Saeed Allocates 1.8B AED for Dubai Commerce City Expansion
His Highness Sheikh Ahmed bin Saeed Al Maktoum announced an investment of 1.8 billion dirhams in the second phase of the Dubai CumerCity expansion, which includes adding 91,000 square meters across three main complexes to support the growth of the digital sector and increase the capacity of e-commerce centers and infrastructure in Dubai. The expansion involves delivering the first phase in the first quarter of 2027 and the second in the first quarter of 2028. This initiative is part of Dubai's efforts to strengthen its position as a leading digital trade hub, with an occupancy rate currently at 96%. The expansion also features the development of "The Hive," a building dedicated to vertical storage, offering 181 flexible units to support the needs of logistics companies.
Notice: This Is an AI-Generated Summary
Comments (0)