CPL’s logistics base to open this year

01 March 2016

Centre Point Logistics (CPL) is set to open a large warehouse at the Logistics District in Dubai South later this year.

The 22,550 sq m facility, which will be inaugurated in October, reflects the company’s ongoing initiative to widen its reach and capitalise on opportunities available in Dubai and the rest of the UAE, CPL said in a statement. The company added that the UAE is the gateway to the world’s most progressive markets such as Africa, India and China.

CPL’s latest ambient temperature-controlled warehousing space will offer a wide range of integrated logistics support services, from warehousing, transportation, technical and skilled labor to equipment and other operations management. It will be used for storage, distribution and other value-added services.

With current total logistics investments of over Dh100 million ($27.23 million) and warehouse and distribution space of over 3 million sq ft, CPL’s turnover is expected to increase to around Dh50 million per year upon the opening of its new facility.

Ahmad Al Ansari, deputy chief operating officer at Dubai South, said: “Dubai South’s Logistics District presents the ideal platform to facilitate CPL’s regional growth strategy and we look forward to a mutually rewarding partnership.”

Saleh Abdullah Lootah, CPL chairman, said: “Our expansion complements Dubai’s tremendous economic development over the years.”

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