Dubai Silk Road Strategy approved

Dubai now has its own Silk Road strategy, which aims to promote the emirate’s position as a global trade and logistics hub.

It’s one of the major elements of Dubai’s 50-year development charter announced earlier this year.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved the new initiative, which will focus on enhancing trade between free zones and the rest of the Emirates.

It will also boost connections between DP World terminals across the world with Emirates Airline playing a key role.

The strategy has been prepared by the Ports, Customs and Free Zone Corporation (PCFC) in partnership with key government entities.

It comprises nine initiatives and 33 projects that will see the collaboration of Emirates Airline, Dubai Airports, Dubai South, Dubai Free Zones (DFZ) Council, Dubai Maritime City Authority (DMCA), Dubai Roads and Transport Authority, DP World, Dubai Municipality, and Jebel Ali Free Zone.