Dubai Industrial City Attracts AED 350 Million in F&B Investments

Dubai Industrial City announced AED 350 million in investments from the F&B sector during Gulfood. Over 25 customers leased 1.7 million sq.ft. of industrial space, emphasizing Dubai's growth as an innovation hub.


Dubai Industrial City Attracts AED 350 Million in F&B Investments

Dubai Industrial City reported attracting over AED 350 million in investments from the food and beverage (F&B) sector in 2024. This significant achievement was announced during the Gulfood event held at Dubai World Trade Centre from 17-21 February. The industrial and logistics ecosystem, representing one of TECOM Group PJSC’s 10 business districts, welcomed more than 25 F&B clients who leased a total of 1.7 million sq.ft. of high-quality industrial spaces, showcasing the sector's growth momentum and the confidence in Dubai as a leading hub for innovation and market expansion.

Saud Abu Alshawareb, the Executive Vice President of Industrial at TECOM Group, speaking on behalf of Dubai Industrial City, emphasized the importance of localized manufacturing in driving socioeconomic benefits through the F&B sector. He highlighted the city's sector-specific infrastructure and supportive environment geared towards fostering growth, aligning with key initiatives like Operation 300bn and Make it in the Emirates.

A notable F&B investment in Dubai Industrial City was the integrated hub by Silver Line Gate Group (SLG Group), aimed at producing over 100,000 tonnes of dairy products annually. This agreement, signed during the city's 20th-anniversary celebrations, focuses on enhancing industrial efficiencies for sustainable development in the long run. Dubai Industrial City stands as part of TECOM Group's array of business districts, along with several other key sectors contributing to Dubai's economic landscape.

The strategic partnership between Dubai Industrial City and the UAE’s Ministry of Climate Change and Environment (MOCCAE) to promote advanced manufacturing and sustainability further demonstrates the city's commitment to industry advancement and eco-friendly practices within the F&B and agriculture sectors. The district's appeal is enhanced by its specialized infrastructure, offering various facilities such as land, storage, and logistics spaces to accelerate industrial growth efficiently.

In addition, Dubai Industrial City's commitment to environmental sustainability is showcased through its clean energy production of over 70 megawatts annually, creating a significant positive impact. With innovative projects like becoming home to one of the UAE's largest ice cream factories, the city is poised to increase Pure Ice Cream’s production capacity substantially. The strategic location of Dubai Industrial City near key transportation networks adds to its attractiveness for businesses seeking efficient logistics solutions.

Pure Ice Cream, a manufacturer known for brands like Kwality Ice Creams and Hershey’s Ice Cream, signed a musataha agreement in 2024 to establish a production facility within Dubai Industrial City. This step aligns with the broader goal of bolstering holistic value chains to support sustainable growth, in line with the UAE's National Food Security Strategy 2051. The continuous growth and innovation within Dubai Industrial City reflect a pivotal commitment to advancing the F&B sector and contributing to the overarching economic goals of the region.