Dubai Industrial City, a member of TECOM Investments, announced on Sunday the launch of a dedicated Halal Cluster as part of plans by Dubai to become the global capital of the Islamic economy.
The cluster is a dedicated base for halal manufacturing and logistic companies in food, cosmetics, and personal care industries and is spread across nearly 6.8 million sq ft.
The move has been taken in collaboration with Dubai Islamic Economy Development Centre, Emirates Authority for Standardisation and Metrology (ESMA) and Dubai Municipality, a statement said.
Abdullah Belhoul, CEO of Dubai Industrial City, said: “It is truly rewarding seeing a project that has been a long-term goal finally come to fruition.
“With the wise vision of its leadership, the UAE has shown the world that we have much to offer, and that we are ready to welcome foreign investment and expertise, while sharing our local knowledge and providing a safe and stable environment in which businesses can thrive.”
Muslim consumers currently spend over $1 trillion on food and over $26 billion on cosmetics and personal care. This is expected to increase by 50 percent in the coming five years, the statement said.
Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre, added: "The centre intends to work closely with its stakeholders, both in the public and private sectors, to streamline efforts and to align the incentives offered to halal businesses, resulting in an enabling environment for the halal industry."
Farah Al Zarooni, Director of ESMA, said: "Standards are fundamental for removing the international trade barriers and hence provide vital support to strengthen the national economy. I am glad that ESMA’s strategic plan is already in alignment with the vision of Sheikh Mohammed bin Rashid Al Maktoum and I am sure that Dubai would soon become the economic capital of Islamic Economy and set one more example of success of translating the dreams into reality."
Dubai Industrial City is spread across 560 million sq ft of land and was established to serve as a catalyst for the growth and expansion of the industrial sector in the UAE.For all the latest industry news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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