Dubai is planning to establish the world’s largest and most modern auto market to significantly boost the city’s vehicle trade. Current auto trading in Dubai is valued at 6.8 billion dirhams (approximately 51.4 billion PKR) and is expected to double in the coming years.
Key Features:
- Size: 22 million square feet
- Capacity: Over 800,000 vehicles annually
- Facilities: 1,500+ showrooms, workshop zones, warehouses, multi-story parking, auction house, convention center, hotel, retail and dining outlets
Strategic Management:
Jebel Ali Commercial Port will take the responsibility of managing the project, as it has a global network of car trade.
Economic Impact:
According to Sheikh Maktoum bin Mohammed, the market is targeted to make the economy of Dubai twice as big by 2033. It will enable the international market in electric, hybrid, and conventional cars, linking the markets in Africa, the Middle East, and Southeast Asia.
