Dubai Customs and the Department of Economic Development in Dubai, DED, have unveiled the Virtual Freight and Logistics Corridor, an innovative and first-of-its-kind initiative aimed to sustain the business leadership and competitiveness of the UAE in general and Dubai in particular.
The Virtual Corridor is in line with the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to pursue and foster innovation in public service delivery to go beyond the limited notion of customer satisfaction and aim for customer happiness.
The Virtual Corridor was officially launched at a ceremony held in the presence of Sultan Ahmed bin Sulayem, Chairman of Ports, Customs and Free Zone Corporation and Chairman of DP World, Ahmed Mahboob Musabih, Director of Dubai Customs, and Sami Al Qamzi, Director-General of DED. Also present were representatives of various government departments and government-related entities, major shipping companies and a number of Dubai Customs' clients.
Sultan Ahmed bin Sulayem said, "Dubai Customs is supporting the national march through an ingenious initiative to deliver innovative trade solutions, giving the sector a new growth impetus and further reinforcing Dubai's advantages in terms of trade and investment, specifically by simplifying goods movement between different customs points in the emirate. To that end, Dubai Customs, in partnership with DED, developed the Virtual Freight and Logistics Corridor following an integrated study of the current situation and needs of the freight and logistics sector. It's a unique automated customs procedure designed to facilitate goods transport between two Dubai Customs centres by road, connecting the point of entry to the point of destination in Dubai, under Cargo Transport Requests submitted by clients for this purpose."
This initiative, which assumes special significance with Expo 2020 drawing closer, is expected to enhance the position of Dubai and the UAE on the global trade map, Bin Sulayem added.
"The Virtual Corridor connects the seaports, airports and free zones in Dubai on a single platform, enabling hassle-free customs clearance and making the entire process more streamlined, time-saving and cost-efficient without any financial burden," he said.
Ahmed Mahboob Musabih said the Virtual Corridor is a major catalyst in the implementation of trade and economic objectives of Dubai Plan 2021. The varied benefits and ease it offers to traders and customers help promote the position of Dubai as a preferred destination for business and investment.
"The pilot phase statistics of the Virtual Corridor point out to the uniqueness and of this initiative and the seamlessness it brings to cargo movement," stated Ahmed Mahboob. "More than 12,000 transfers of cargo, weighing 64,000 tons have been processed since September 2014. Additionally, deposit-related financial burdens have been considerably minimised by some Dh120 million," he noted.
Expressing his appreciation for all agencies and departments that contributed to the success of this initiative, including the Department of Economic Development, DP World, Dubai World Central, Economic Zones World, Dubai Airports, Dubai Airport Free Zone Authority, DAFZA, and Dubai Trade, the Dubai Customs Director said, "We are proud of this special partnership that stands as an exemplary model of positive government co-operation to achieve the common objective of taking the UAE and Dubai to new heights."
Ahmed Mahboob also acknowledged the contribution of the joint project team as well as the companies that partnered with Dubai Customs in the execution of the project's pilot phase, namely Dubai Express, Aramex, Weiss-Rohlig UAE, DB Schenker, Expeditors International, Gulf Agency, Transguard, Airlink Intl, Agility Logistics, Arabital Shipping, Danzas AEI Emirates, Brinks Global Services, Gava Forwarding, Inchcape Shipping Service Dubai, and Modern Freight.
Approved by the Executive Council of Dubai in 2012, the Virtual Freight and Logistics Corridor Policy was the result of collaborative efforts initiated by DED through a Multimodal Transportation and Logistics Stakeholder Platform in 2011.
Source: WAM
GMT 12:09 2018 Sunday ,09 December
Investment minister witnesses MoU to support clean technology start-up acceleratorGMT 10:25 2018 Friday ,07 December
Venezuela inks deals worth six bn dollars with RussiaGMT 15:42 2018 Tuesday ,04 December
EBRD President Suma Chakrabarti to visit EgyptGMT 08:27 2018 Sunday ,02 December
G20 leaders back WTO reform despite clear divisionsGMT 08:27 2018 Tuesday ,27 November
Eurasian Economic Union to protect itself from anti-Russian sanctionsGMT 12:21 2018 Sunday ,25 November
Egypt's Investment minister meets Lebanese PM to boost economic cooperationGMT 21:47 2018 Friday ,23 November
French lawmakers fear intimidation by 'yellow jacket' fuel protestersGMT 11:56 2018 Tuesday ,20 November
South Korea hosts Boao Forum for Asia in SeoulMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor