With JAFZA as hub, Diesel Technic plans regional expansion
The Dubai Chamber of Commerce and Industry has revealed that Dubai’s automotive sector is poised for growth and is expected to increase by 35% between 2017 and 2021 due to the steadily growing spare parts and accessories market.
A key player in the automotive sector, Diesel Technic is manoeuvring itself to capitalise on this advancement. The German-headquartered group has 41,000 products covering the full range of automotive parts and accessories and has been a leading player in the GCC’s automotive and spare parts and accessories sector since 1995.
Since the commencement of its operations in JAFZA, the business has grown from AED 2 million to AED 290 million. In addition, Diesel Technic has expanded operations covering Kuwait, Syria, Libya, Iran, Iraq, Oman and Yemen. Furthermore, they are now present in Kenya, Zimbabwe, Zambia, Angola and several other countries in Africa.
“We see tremendous potential for the UAE’s automotive sector, and we intend on leveraging the strong trade ecosystem DP World has created with Jebel Ali Port and JAFZA to enhance our access to markets across the region. We also intend on working closely with the free zone to further strengthen Dubai’s automotive and spare parts and accessories trade,” explained Dirk Heibel, General Manager, Diesel Technic (ME).
DP World’s Jebel Ali Port and JAFZA have created a hub for the automotive transport and spare parts sector in the Middle East. According to Mohammed Al Muallem, CEO and Managing Director, DP World UAE Region, as an enabler of global trade, DP World helps customers manage the complexities and reduce the costs of the global supply chain.
The integrated automotive logistics facilities offer a wide range of services such as automobile storage, parts and aftermarket logistics, distribution and transportation management, inventory management and value-added services It also enables reverse logistics, customs brokerage, freight forwarding by land, sea and air, and modal conversion, from RoRo to container.