Dubai plans to build the largest car market in the world spanning over 20 million sq ft

ABU DHABI: Dubai has announced its ambitious ‘Dubai Car Market” project wherein it will develop a groundbreaking car market that will span 20 million square feet. For this project, Dubai Municipality has collaborated with the DP World. This project aims to build the most advanced and world's largest automotive hub, marking a milestone in the automotive sector of Dubai.

Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister, Vice President and Dubai’s Ruler, has issued directives for the "Dubai Car Market’s’ development. It is anticipated to be the most advanced and largest facility of its kind in the world. This landmark initiative showcases the commitment of Dubai to pioneering excellence and innovation in the automotive industry. The project aims to offer a unique platform for automotive trade and state-of-the-art facilities. 

The Dubai Car Market will encompass many facilities like used and new car dealerships, showrooms, auction houses, service centers, and spaces for technology and innovation. It aims to cover the automotive industry’s different facets, from technological advancements to after-sales services and manufacturing. The project will also feature huge arenas for events, positioning it as a hub for conferences and major automotive events, and attracting global stakeholders.

DP World will manage and construct the Dubai Car Market, leveraging its network spanning 77 ports and 86 countries. The market is expected to double its current sales by enhancing infrastructure and connectivity. Sultan Ahmed bin Sulayem, Group CEO, and Chairman, emphasized the commitment of DP World to positioning Dubai as the best destination for automotive trade through infrastructure and state-of-the-art services aligned with global standards.

Aligned with Economic Agenda D33 of Dubai, the project aims to boost economic activity and create jobs, supporting the goal of the Emirates to become the world’s leading economy by 2033. As anticipated by Dawood Al Hajri, Dubai Municipality's Director General, the market will attract many investors.

Credits: www.yallamotor.com

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