Region's first dedicated e-commerce free zone to chase investors at the E-commerce Expo at Olympia, London
The first batch of phase one of Dubai CommerCity (DCC), the region's first dedicated e-commerce free zone, is scheduled to be delivered by the end of 2020.
Dubai CommerCity is spread across a total built up area of 520,000 sq m with office spaces of 240,000 sq m and logistics units covering 54,000 sq m.
It is divided into three clusters - the Business Cluster containing 12 buildings and green spaces, the Logistic Cluster consisting of 105 units and the Social Cluster comprising of multi-purpose halls, flagship and super stores where customers can exhibit their products, science labs, photoshoot studios, modular exhibition centres, wellness centers and a range of restaurants and cafés.
The project will participate in the 2019 edition of the E-commerce Expo, being held from September 25-26 at Olympia, London.
DCC aims to demonstrate the growing opportunities available to the e-commerce companies within the Middle East region.
Middle East’s e-commerce market is set to reach around $69 billion by 2020, becoming one of the world’s fastest growing international markets.
DCC said it will play a pivotal role in the development of the e-commerce sector, adding that it will provide growth opportunities for global and regional manufacturers, as well as distributors and global e-retailers.
Dubai CommerCity is a joint venture between Dubai Airport Freezone Authority (DAFZA) and Wasl Asset Management Group with an investment of AED3.2 billion.
Amna Lootah, assistant director general, DAFZA said: “DCC is committed to boosting the growth of the regional e-commerce industry. Through cutting edge technologies, state-of-the-art services and the right infrastructure - we are establishing a base for e-commerce companies to feed into a greater ecosystem that works in an integrated way. DCC will offer growth opportunities and a specialized offering for global and regional investors in the industry."