It will provide 1,500 jobs immediately after its operation in 2024
Establishing the world's first unified center for advanced air transport in Dubai
The new center extends over an area of 37,000 square meters in Dubai South.
From the source
V Ports, a company working in the field of designing, building and operating advanced air transport infrastructure, announced the signing of a partnership with the UAE General Civil Aviation Authority and the Mohammed bin Rashid Aviation Project in Dubai South, to establish the first unified center for advanced air transport at the global level. world in Dubai.
The global company stated in a statement yesterday that the project is expected to raise the position of Dubai, and the UAE in general, to become a unique global center in the field of advanced air transport, embracing an airspace designated for flight tests, and closed airspace, in addition to many new innovative technologies. To support the global growth of the advanced air transport sector, and to accelerate efforts to adopt electric vertical take-off and landing aircraft.
V Ports signed an exclusive 25-year contract, renewable for the same period, with the Mohammed bin Rashid Aviation Project, to establish an advanced air transport hub on an area of 37,000 square meters in Dubai South.
The project, which involves an initial investment of $40 million over three years, is expected to generate direct gross revenues of up to $7 billion for Dubai and Abu Dhabi over 25 years, as well as providing 1,500 direct jobs.
The development and construction of the global center will start in 2023, with expectations that it will start operating and conduct the first test flight in 2024.
The Executive Director of the Mohammed bin Rashid Aviation Project, Tahnoun Saif, expressed his happiness at signing the agreement with “V Ports” in order to develop the first unified center of its kind in the world, and to pave the way for manufacturers of electric vertical take-off and landing aircraft and their operators around the world to use the experimental facilities. leading in various conditions.
He added that this step also contributes to the consolidation of Dubai's leading position in the field of advanced air transport.
For his part, the Director General of the General Authority of Civil Aviation, Saif Al-Suwaidi, said, “The strategic plan of the General Authority of Civil Aviation aims to develop a sustainable and innovative complex that paves the way for the prosperity of the advanced air transport system, and to improve the horizons of this new mode of air transport worldwide, starting from a center Unified here in Dubai ».
In turn, the founder and CEO of V Ports, Fathi Shebl, said, "Dubai has succeeded in strengthening its leading position in the advanced air transport sector, and we are living today at a pivotal moment on the path to transforming future transportation solutions into reality."
Follow our latest local and sports news and the latest political and economic developments via Google news