DLC targets Swiss Industry Leaders

Dubai Logistics City held a recent initiative targeted at Swiss industry leaders from Dubai and the Northern Emirates.

  • E-Mail
By  Robeel Haq Published  September 18, 2006

Dubai Logistics City (DLC) held a recent initiative targeted at Swiss industry leaders from Dubai and the Northern Emirates. DLC CEO Michael Proffitt and Dubai World Central’s Marketing and Communications Director, Abdulla Al Falasi, met a diverse gathering of Dubai’s Swiss Business Council (SBC) members from different industry sectors at an informal get together. Co-hosted by the Consulate General of Switzerland in Dubai, Swiss Business Council members heard how DLC supports the emirate’s market leading position as a logistics hub for the wider Middle East and beyond – a market of more than two billion potential customers from South East Europe, the CIS, Indian sub-continent, Middle East and Africa. “Though the Swiss community in the UAE is only 900-strong, it represents influential business interests across the jewellery, watch, machinery, pharmaceutical, food, chemical and instrument sectors,” said Proffitt. “The UAE is Switzerland’s largest trading partner in the GCC, with imports totalling US$1.016 billion in 2005.” Swiss Consulate statistics also reveal that exports from the UAE to Switzerland last year increased 37.8% to US$265.62 million, an indicator of two-way trade growing at a fast pace. “UAE and Switzerland have historically had excellent and friendly relations and recent trends point to strong trade links with a healthy increase in commercial exchange,” said Hans Hauser, Consul General of Switzerland in Dubai. “The Swiss Business Council Dubai has been promoting commercial, personal, social and cultural relations with government and private sector representatives in the two countries for over a decade. DLC’s presentation about the dynamics of logistics business as a catalyst for trade growth show just why this emirate is Switzerland’s premier trading partner in the GCC.” DLC, together with Dubai World Central International Airport and the Jebel Ali Free Zone and port, provide a single customs-bonded free zone environment and the world’s first truly integrated, multi-modal logistics platform. It will be operational by the end of next year.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code