Today, Dubai's operate in Automotive Parts is predictably prized at Dh3.5-5 billion annually. Around 50-60 per cent ends up as re-exports in Dubai. The Resource whispered with the aim of the mission has been already examined by Dubai Ports and Customs after auto parts merchants have move toward them back in 2002.

In Actual, It was recommended that the merchants form an association and Auto Parts Merchants Group (APMG) was formed after the conference with Ports and Customs Executive.

Stride Consultancy Services can present in sequence all facts with reference to Dubai auto parts city, Dubai Auto Parts Projects which is expected to be evaluate in the near outlook, according to resource from the motor parts industry.

Dubai Auto Parts City (DAPC), aspire to increase the re-exports of auto parts from Dubai. Apart from spare parts, businesses with benefit in tyres, auto batteries and accessories that are also eligible to take part.

As per jagged estimation, Dubai at present re-exports Dh300 to Dh400 value of spare parts yearly. The establishments have allocated a large plot of land for the project near Dubai International City. The Dubai Government has endowed with 12 million square feet of land. It will accuse 0.40 fils a square foot as rent from the tenants for the first 15 years.

Apart from auto traders and Dubai Customs, banks, clearing and forwarding agencies, and transport companies will have bases at the facility. Overall investments in the new ' Dubai Auto Parts City ' in Al Aweer could total Dh1 billion, according to senior sources.

The first phase alone, work on which would start in six months, would entail investment of around Dh400 million.