Dubai Silk Road Strategy: Here’s How the Emirate Will Be the Strategic Trade Link Between East, West, North, and South!
The Crown Prince of Dubai, His Royal Highness, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has just approved the Dubai Silk Road strategy. The promising strategy seeks to build on the emirate’s position as a strategic trade link between east and west, and north and south. Key government entities joined forces with the ports, customs, and Free Zone Corporation (PCFC) to prepare the strategy.
Emirates, Dubai Airports, Dubai South, Dubai Free Zones (DFZ) Council, Dubai Maritime City Authority (DMCA), Dubai Roads and Transport Authority, DP World, Dubai Municipality, Jebel Ali Free Zone and more will be cooperating in nine initiatives and 33 projects to see the strategy come to life.
“Our goal of becoming an established global trade and logistics hub will reflect positively on our economy by boosting competitiveness and sustainability,” said Sheikh Hamdan. In a similar manner, the Chairman of the PCFC, Sheikh Sultan Ahmed bin Sulayem said, “Dubai is moving ahead with boosting its capabilities in trade and logistics services through a new strategy. The strategy augments decades of successful investment in creating renowned ports, airports, and free zones both regionally and internationally.”
