Nationwide Industries Park (NIP), DP World‘s industrial hub in Dubai, has secured greater than AED1 billion in new initiatives between January and September this 12 months, highlighting investor confidence within the emirate’s industrial base.
The park leased over 7 million sq. ft of land throughout the nine-month interval, with the bulk allotted to greenfield initiatives that can gasoline new manufacturing capability.
The surge in demand has taken NIP’s tenant base previous 400 firms, which collectively assist greater than 24,700 jobs.
Nationwide Industries Park Dubai creates 24,700 jobs throughout manufacturing sectors
New clients this 12 months embrace Danube Constructing Supplies, LT Meals Center East and Trilogy Fab Trailers Manufacturing.
The investments construct on the park’s efficiency in 2024, when new buyer registrations practically doubled year-on-year.
“Nationwide worth added in manufacturing is projected at AED 160 billion in 2025, with output rising steadily underneath supportive industrial agendas. NIP’s efficiency highlights Dubai’s place as a hub for superior manufacturing and the sturdy movement of greenfield initiatives demonstrates investor confidence in our capacity to assist companies scale rapidly, creating jobs and driving industrial progress,” Abdulla Al Hashmi, Chief Working Officer, Parks & Zones, DP World GCC stated in a assertion.
Demand is being pushed by the development sector, automotive, electronics and meals manufacturing, as companies develop to serve Dubai’s rising inhabitants and large-scale infrastructure initiatives.
To assist its increasing buyer base, NIP is strengthening its customer-first strategy via upgraded digital techniques, a refreshed model id and focused regional outreach to draw premium investments and drive sustainable progress.
In response to a 2023 Financial Impression Research performed by Ernst & Younger (EY), NIP contributed 17 per cent of Dubai’s industrial output.
With new services set to grow to be operational, the park is predicted to create extra oblique jobs and speed up manufacturing progress throughout the UAE.
NIP types a part of DP World’s flagship property within the UAE, together with Jebel Ali Port and Jebel Ali Free Zone.
Canada’s CDPQ and Saudi Arabia’s Hassana Funding Firm maintain fairness stakes within the three property, reflecting worldwide investor confidence in Dubai’s commerce and industrial ecosystem.
