DP World kicks off new agricultural terminal in Dubai: UAE-based port operator DP World, crop trader Al Amir Foods, and agricultural trader Adroit Overseas Canada have broken ground on a new AED 550 mn (USD 150 mn) agricultural processing and silo storage facility at Jebel Ali Port, according to a Dubai Media Office statement. The first phase — of two planned — is slated for completion early next year, the statement said.
Details: The Agri Terminals facility is expected to boost bulk handling capacity at Jebel Ali Port by some 750k tonnes and total storage capacity by 200k tonnes, the statement said. The new facility is expected to generate upwards of AED 1.2 bn in new international trade, the statement also said.