Shipping & Logistics

Aramex will lease new facility

Aramex has built up a large customer base in the Gulf

Al Ashram Investments will build an express courier facility in Dubai and lease it back to Aramex following an agreement the two parties signed.

The Dh75 million ($20.41 million) new facility will be located in the Umm Ramool area on Dubai Airport Road. It will be constructed by Al Ashram Contracting on a fast-track build-to-suit basis with expected completion within seven months. 

The design of the facility incorporates the latest technologies to serve Aramex’s growing customer base more effectively and efficiently. Aramex has been continuously making efforts to upgrade its operations and simplify procedures to give its customers a better experience in their dealings with the express company, a statement said.

The construction will be in full compliance with Dubai’s green building regulations and specifications which aim to create a more sustainable urban environment.

Muhannad Al Ashram, executive director of Dubai-based Al Ashram Investments, said: “It has been a great pleasure working with the UAE’s leading logistics company, Aramex. It requires experienced operators to materialise a deal of this scale. This project is rooted in shared core values between Al Ashram and Aramex, such as forward-thinking and a passion for excellence. We are honoured to build this innovative and advanced establishment that will surely be recognised as a showcase facility in the region.”

Hussein Wehbe, general manager of Aramex UAE, said the new building would be Aramex’s first fully automated facility in the region.

“The facility will be equipped with innovative state-of-the-art technologies for higher capacity, faster sorting, and reduced transit times. We believe this will allow us to meet the growing customer demand for rapid and more efficient shipment deliveries. We will remain committed to investing in innovation as we grow our operations in the UAE,” he said.

Aramex being the single occupant of the property, it has the freedom to include its specific requirements in the construction of the building without actually owning the property.