“Dubai Government Investments”: focuses on the wholesale trade of 3 products, including furniture, food and fashion

The launch of Dubai Global Connect, a global wholesale marketplace for companies

  • The area of ​​the first phase of the project is 400,000 square meters, dedicated to commercial facilities.

    From the source

  • Mohammed Ibrahim Al Shaibani: "Building a commercial infrastructure that will enhance efficiencies in global trade flows through Dubai."

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The Government Investment Corporation of Dubai, in partnership with "Dubai South", announced the launch of "Dubai Global Connect", a wholesale market between companies throughout the year, and in one central location with an area of ​​one million square meters. The project is expected to be delivered in stages, as it includes The first phase is 400,000 square meters of commercial facilities.

A statement issued yesterday stated that Dubai Global Connect provides goods to bring together buyers and sellers from all over the world in a safe and easy environment for trade exchange. It focuses on wholesale trade of three products: furniture, food, and fashion, which represent important sectors in the region in terms of size. And growth.

Strategic alliance

For his part, Dubai Global Connect announced yesterday that it has entered into a strategic alliance with the Market Center Management Company (MCMC), the parent company of the Dallas Market Center, based in the United States. To develop and manage an environment of permanent showrooms dedicated to wholesale trade in "Dubai Global Connect", which will be opened throughout the year to retail buyers, designers and professionals in various sectors, while the market remains closed to the public, and the sellers' showrooms can be customized to suit different uses. And budgets.

Commercial structure

Mohammed Ibrahim Al Shaibani, Managing Director of the Dubai Government Investments Corporation, said: “As part of our mission to enhance Dubai's position as a competitive global economy, the Corporation embarked on establishing Dubai Global Connect, based on our vision to build a commercial infrastructure that would enhance efficiencies in trade flows. Global via Dubai ».

He added, "We are excited to implement this mission, in addition to the joining of (MCMC) and its technical support to our work teams in achieving this vision and developing and managing the market."

Trade center

Cindy Murray, CEO of MSMC, said, "We are pleased to be part of this unique opportunity to address the gaps in this industry and create an important global destination for wholesale trade," noting that "the multi-year agreement aims to To enhance cooperation between our companies, and ultimately help establish a trade center for buyers and sellers from around the world. ”

Permanent market

In the same context, Duraid Al-Zaghouani, Chief Operating Officer at the Government Investment Corporation of Dubai and Chairman of the Board of Directors of Dubai Global Connect, said that the development of Dubai Global Connect took a long time, but his presence today has become an urgent necessity to meet the needs of the changing environment for global trade. .

He added, "The establishment of this permanent, controlled and regulated market is in line with the requirements of merchants, including reduced travel costs, smaller exhibition spaces, and more disciplined activities," pointing out that "Dubai Global Connect" will allow traders to meet in the middle of the road, thus providing a window For producers and manufacturers under one central, easily accessible location that provides a safe and open buying environment for buyers throughout the year.

Multipurpose center

"Dubai Global Connect" or "City of Commerce" announced that the project is under construction today, and a multi-purpose visitor center will be opened in the last quarter of 2020.

The project is expected to be delivered in phases, while the first phase includes 400,000 square meters of commercial facilities, including storage, modern offices, a hall, an innovation center, and a service center.

"Dubai Global Connect" is located at the crossroads of Dubai logistics roads in the "Dubai South" area next to Al Maktoum International Airport and Jebel Ali Port. It is backed by a set of the best services designed to simplify commercial activity, including a digital platform.

Meeting point for commercial activities

Dubai Global Connect is an exceptional meeting place for commercial activities, as it focuses on global and regional audiences alike, to establish a market for trading products from any source in the world at a time when the wholesale markets focus on marketing according to local agendas, bringing together local product sellers and global buyers. Or, offer global products to groups of regional buyers.

"Dubai Global Connect" enters into a strategic alliance with "MCMM", the parent company of the Dallas Market Center in America.

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