Mohebi Investments is investing Dhs1 billion to create one of the Middle East’s biggest logistics companies.
Mohebi Logistics will operate from a Dhs200 million warehousing facility in Jebel Ali Free Zone, spread across 51,000 square metres.
“Our aim is to become one of the most admired and dynamic supply chain management companies in our region and set a benchmark in the region for the provision of total world-class solutions in the retail and FMCG logistics sector,” said Mohammed Mohebi, chairman and CEO of Mohebi Investments and CEO of Mohebi Logistics.
“We want to set standards not only in operational excellence, but also in innovation and to create a corporate culture that would lure top talents from the industry,” he added.
From an initial outlay of Dhs200 million for infrastructure development, Mohebi Logistics plans to make significant investments across the region over the next five years. By 2012, it expects to have established a comprehensive network of warehousing and transport facilities to cover the Middle East, and anticipates expansion into Africa, South West and South East Asia in the medium term.
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