By Eudore Chand
Main consultant Arif & Bintoak to ensure that the project is completed by the middle of next year
Work on the Dhs220 million Dubai Textile City has begun with the laying of the foundation stone by Sultan Ahmed bin Sulayem, executive chairman, Dubai Ports, Customs and Free Zone Corporation (PCFC).
The project, which is being jointly promoted by the Textile Merchants Group (Texmas), the 300-member strong industry body of textile merchants operating in the emirate, and PCFC, is coming up on some 600 000 m2 million of land in Al Warsan, near the Al Awir area of Dubai.
Texmas has already awarded the contract to build the Dubai Textile City to United Engineering Contract (UNEC). The project will be completed by mid-2005. The main consultant of the project is Arif & Bintoak Consultants while the engineers representing the client are Model Engineering Consultants.
Texmas officials said demand has been high with the first phase of project already rented out; and second phase allotment underway. They believe that the clustering of textile merchants in a dedicated area will further promote Dubai as a major trading hub for the entire vertical section of the global textile industry.
Sulayem said bringing the local textile industry under one canopy would provide for better synergy and competitiveness. “Over the past five decades, the emirate’s textile industry, valued at Dhs9 billion annually, has played a critical role in the economic development of Dubai, and is today the second largest contributor to the emirate’s textile trade, including both exports and imports. The ambitious DTC project will create numerous global market opportunities for the textile trading community operating in Dubai,” he added.
“The uniqueness of DTC is that it is a self-contained entity and will house all amenities and facilities the textile trade needs to promote and grow trade, both in the local and the export markets across the world. The Government of Dubai is fully committed to offering all its support to this pioneering development and will be partners in its success,” he added.
Obaid bin Dari, manager, special projects, PCFC, said ambitious plans have been drawn up to attract more investors from across the world into the Dubai Textile City.
Ashok Sawlani, Texmas vice-chairman, said: “We have already rented out the first phase of the project to over 90 investors and space allotment to investors in the second phase is currently on. We have allotted space to first phase investors through a draw of lots.
“The development of both the phases of the project will be done concurrently and the infrastructure costs will be borne by the members of Texmas, who will have the right to tenancy in DTC while others will come in as trading partners,” Sawlani said.