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Sun 1 Apr 2007 01:20 PM

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NTDE eyes Africa and Asia after joint venture

National Trading and Developing Establishment Group (NTDE), a UAE-based distributor specialising in food and drinks products, has announced a joint venture with Integrated Logistics Bhd (ILB), a logistics company based in Malaysia, to develop a central hub in Dubai to provide logistics services to the Middle East, Africa and Asian countries.

National Trading and Developing Establishment Group (NTDE), a UAE-based distributor specialising in food and drinks products, has announced a joint venture with Integrated Logistics Bhd (ILB), a logistics company based in Malaysia, to develop a central hub in Dubai to provide logistics services to the Middle East, Africa and Asian countries.

The joint venture will be involved in comprehensive third party and fourth party logistics cover, handling ambient goods, chilled and frozen items, and electronic products. "This is NTDE's first move into the third party and fourth party logistics sectors," Farid Ahmadi, of NTDE, told
Retail News Middle East

. "Multinational electronics companies are one of the sectors that will be using this service. Some other sectors that would use this partnership would include electronic manufacturing companies, chemical companies and third party logistics for garments."

The Dubai hub will provide services including vendor managed inventories, risk management through outsourcing, on-site logistics management and cross border transportation to numerous countries, including GCC countries, Iraq, Egypt, Jordan, Lebanon, Syria, Iran, Yemen, Sudan, North Africa, China, India, Pakistan, and South Africa. Ahmadi said other countries could be added by mutual agreement.

The joint venture, which is expected to be operational by September 2008, will combine the strengths of both companies; NTDE's experience in warehousing, storage, fleet management, third party logistics and IT; and ILB's logistics services including warehousing, international freight forwarding and container haulage. "We are broadening our Middle East and North Africa operation with the new central hub in Dubai," Ahmadi said. "During this expansion process it is essential that a world-class infrastructure facility is in place to meet the growing demands of the market," he added.

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