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FedEx invests $350 million in new regional hub in Dubai

Business Dubai 23 Feb 24
FedEx invests $350 million in new regional hub in Dubai
FedEx sets up Dh1.3 billion ( $350 million) hub for Middle East, Indian Subcontinent, Africa.
Fee
Event Location
Dubai, Dubai
Area
Dubai
Start Time
23 February 2024, 12:00 AM
End Time
31 March 2024, 12:00 AM
Website

FedEx Express (FedEx) on Tuesday said it is expanding its footprint with its new Middle East, Indian Subcontinent and Africa (MEISA) hub at Dubai World Central (DWC) Airport in Dubai South.

The facility was officially inaugurated by Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, along with Raj Subramaniam, FedEx Corporation President and CEO, Richard W. Smith, FedEx Express President and CEO, Airline and International, and Kami Viswanathan, FedEx Express MEISA President.

The launch of the hub marks a long-term investment of more than $350 million (Dh1.3 billion) into the UAE’s economy through infrastructure and technological advancements in the facility.

The 57,000 sq. m facility incorporates advanced technologies that include automated sort systems that enhance the efficiency, accuracy, and speed of package processing and distribution from the facility. The hub also boasts two automated high-speed x-ray machines equipped with artificial intelligence, to efficiently scan goods and enhance security. Additionally, a 170 sq. m cold storage area caters to a wide range of temperature-sensitive shipments.

The facility adheres to Dubai Municipality Green Standards, featuring a solar power project, and a building management system that helps ensure efficient energy use. In addition, FedEx is leveraging the electric ground service fleet along with electric charging stations for pick-up, delivery, and employee vehicles.

“Given the UAE's current status among the top five countries in global re-export operations, our regional hub not only aims to serve the MEISA region, which accounts for approximately 45 per cent of the world’s population, but is also a crucial part of our global air network that connects 220 countries and territories,” said Richard W. Smith.


FedEx hub Dubai



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