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."For all the latest retail 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.