Cindy Morris and Bill Winsor of Dallas Market Center joined H.E. Mohammed I. Al Shaibani, Managing Director of the Investment Corporation of Dubai (ICD), Douraid Zaghouani, COO of ICD and Chairman of DGC, and other representatives.
Officials from Dallas Market Center and its parent company, Market Center Management Company, participated in the inauguration of the Visitor Centre for Dubai Global Connect, the first permanent B2B marketplace for consumer goods in the Middle East.
Dubai Global Connect will be open year-round to qualified retail buyers and designers, manufacturers and industry professionals from around the world, including the U.S. The purpose-built “City of Trade” will feature permanent showrooms, exhibition space, an innovation hub, auditorium, meeting rooms, offices, and private warehousing for tenants. The wholesale consumer goods showcased by Dubai Global Connect will include home furnishings, fashion, and food.
Dallas Market Center previously announced a strategic alliance with Dubai Global Connect supporting the development and management of the 10 million square foot wholesale marketplace in Dubai opening in 2023.
“We are pleased to participate in this important first step toward creating a global destination for wholesale trade in Dubai,” said Cindy Morris, president and CEO of Dallas Market Center. “This is a state-of-the-art facility that will quickly become a critical center of commerce for companies seeking a highly efficient platform for serving customers and expanding their business. We look forward to supporting the project with our experience in design, development, operations, events, and marketing.”
The ribbon-cutting ceremony took place following an initial soft-launch period, and was performed by HE Mohammed Al Shaibani, managing director of the Investment Corporation of Dubai, in the presence of HE Khalifa Al Zaffin, executive chairman of the Dubai Aviation City Corporation, Majid Al Ghurair, chairman of the Dubai Chamber. DMC was represented in Dubai by Morris and Bill Winsor, chairman emeritus.
“Throughout history, Dubai’s strategic location forged a rich legacy of commerce for the city, continued global ambition and a decisive role in international trade,” said Al Shaibani. “DGC was initiated by ICD to build on this history of trade and we look forward to welcoming traders from around to the world to our Visitor Centre from today onwards.”
Dubai Global Connect will welcome visitors to the purpose-built, 40,000 square foot Visitor Centre where it will showcase the Dubai Global Connect ecosystem of services and products. Dubai Global Connect has created small-scale markets as part of this unique Visitor Centre experience where an initial selection of traders in Furniture & Living, Food, and Fashion will display their product ranges.
“We have always planned for the DGC Visitor Centre to be operational throughout EXPO2020, and we are proud to announce its completion as scheduled. Our vision for this space goes beyond promoting DGC and extends to providing a platform for trade to thrive while we work towards completing the remainder of the DGC wholesale market and surrounding ecosystem,” said Douraid Zaghouani, COO of ICD and chairman of DGC.
Designed by Rome-based Studio Fuksas, the building is located in Dubai South, between Al Maktoum Airport and Jebel Ali Port. The rest of the wholesale market is expected to be delivered in phases, with the first phase consisting of 4 million square feet of dedicated trade facilities including on-site storage, boutique offices, an innovation hub and a smart service center housing third party service providers.