Latest news with #Dutco
Arabian Business
a day ago
- Business
- Arabian Business
Terralogix, Dubai's largest privately owned logistics park, launched
Two of Dubai's well-known companies in civil engineering works and real estate development – Dutco and Sweid & Sweid – have launched Terralogix, the emirate's largest privately owned logistics park. The 3.3 million square foot development, located in Warsan, Northern Dubai, is designed to serve as a critical node in the city's supply chain infrastructure. The new project will play an important role in the emirate's ambitions to become one of the world's top five Grade-A logistics hubs. Phase One of Terralogix is already underway and is scheduled for completion in the third quarter of 2026. Pre-leasing is now open. View this post on Instagram A post shared by SWEID & SWEID (@sweidandsweid) Dutco (Dubai Transport Company) is involved in large-scale civil engineering works, mechanical and electrical engineering, civil engineering, dredging, survey and reclamation, IT and telecommunications, logistics and freight services, trading, and luxury hotel operations. Sweid & Sweid is a Dubai-based boutique real estate development and private equity firm. Terralogix will become one of the few large-scale logistics developments in Northern Dubai, providing access to areas underserved by other logistics facilities, which are largely concentrated in Southern Dubai. The park's modular design and flexible leasing model allow tenants to scale, expand, or custom-build their facilities to meet their exact requirements. Maher Sweid, Founder and Managing Partner of Sweid & Sweid, commented: 'Terralogix will be developed by Dutco and Sweid & Sweid – two UAE-based firms with strong heritage and established track records. 'The Dutco Group brings decades of expertise across many sectors, including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high-quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai's industrial sector.' Nelson Gibb, CEO of Dutco Group, added: 'As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city's economy by 2033, logistics and trade sit at the heart of that vision. 'The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well-positioned to support businesses operating across the UAE and the region.'
Trade Arabia
a day ago
- Business
- Trade Arabia
Dutco, Sweid & Sweid launch Dubai's largest private logistics park
Dutco and Sweid & Sweid have announced the launch of Terralogix — Dubai's largest privately-owned logistics park, in a move that reinforces Dubai's ambitions to become one of the world's top five Grade-A logistics hubs. Located in Warsan, Northern Dubai, the 3.3 million sq ft development is designed to serve as a critical node in Dubai's supply chain infrastructure, a statement said. Maher Sweid, Founder and Managing Partner of Sweid & Sweid, commented: 'Terralogix will be developed by Dutco and Sweid & Sweid — two UAE-based firms with strong heritage and established track records. The Dutco Group brings decades of expertise across many sectors including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai's industrial sector.' Terralogix stands out for both its location and adaptability. As one of the few large-scale logistics developments in Northern Dubai, it provides access to areas underserved by other logistics facilities largely concentrated in Southern Dubai. The park's modular design and flexible leasing model allow tenants to scale, expand, or custom-build their facilities to meet their exact requirements. Phase One is already underway, and scheduled for completion in the third quarter of 2026. Nelson Gibb, CEO of Dutco Group, commented: 'As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city's economy by 2033, logistics and trade sit at the heart of that vision. The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well positioned to support businesses operating across the UAE and the wider region.' –
Zawya
2 days ago
- Business
- Zawya
Dutco and Sweid & Sweid partner for 3.3mln sq ft logistics park in Northern Dubai
Dubai-based diversified conglomerate Dutco and developer Sweid & Sweid announced on Tuesday the launch of the emirate's largest, privately-owned logistics park Terralogix, located in Warsan, Northern Dubai. Terralogix provides access to areas underserved by other logistics facilities largely concentrated in Southern Dubai, Sweid & Sweid said in a press statement. It said the Grade-A logistics park will span an area of 3.3 million square feet ( sq ft), adding that Phase 1 is scheduled for completion in the third quarter of 2026. (Writing by Deva Palanisamy; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
Web Release
2 days ago
- Business
- Web Release
Dutco, Sweid & Sweid Launch Dubai's Largest Privately-Owned Logistics Park
Dutco and Sweid & Sweid have announced the launch of Terralogix — the emirate's largest privately-owned logistics park, in a move that reinforces Dubai's ambitions to become one of the world's top five Grade-A logistics hubs. Located in Warsan, Northern Dubai, the 3.3 million square foot development is designed to serve as a critical node in Dubai's supply chain infrastructure. Maher Sweid, Founder and Managing Partner of Sweid & Sweid commented, 'Terralogix will be developed by Dutco and Sweid & Sweid — two UAE-based firms with strong heritage and established track records. The Dutco Group brings decades of expertise across many sectors including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai's industrial sector.' Terralogix stands out for both its location and adaptability. As one of the few large-scale logistics developments in Northern Dubai, it provides access to areas underserved by other logistics facilities largely concentrated in Southern Dubai. The park's modular design and flexible leasing model allow tenants to scale, expand, or custom-build their facilities to meet their exact requirements. Phase One is already underway, and scheduled for completion in the third quarter of 2026. Nelson Gibb, CEO of Dutco Group commented, 'As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city's economy by 2033, logistics and trade sit at the heart of that vision. The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well positioned to support businesses operating across the UAE and the wider region.' Pre-leasing at Terralogix is now open. For more information, visit
Zawya
2 days ago
- Business
- Zawya
Dutco, Sweid & Sweid Launch Dubai's Largest Privately-Owned Logistics Park
Dubai, United Arab Emirates: Dutco and Sweid & Sweid have announced the launch of Terralogix the emirate's largest privately-owned logistics park, in a move that reinforces Dubai's ambitions to become one of the world's top five Grade-A logistics hubs. Located in Warsan, Northern Dubai, the 3.3 million square foot development is designed to serve as a critical node in Dubai's supply chain infrastructure. Maher Sweid, Founder and Managing Partner of Sweid & Sweid commented, 'Terralogix will be developed by Dutco and Sweid & Sweid — two UAE-based firms with strong heritage and established track records. The Dutco Group brings decades of expertise across many sectors including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai's industrial sector.' Terralogix stands out for both its location and adaptability. As one of the few large-scale logistics developments in Northern Dubai, it provides access to areas underserved by other logistics facilities largely concentrated in Southern Dubai. The park's modular design and flexible leasing model allow tenants to scale, expand, or custom-build their facilities to meet their exact requirements. Phase One is already underway, and scheduled for completion in the third quarter of 2026. Nelson Gibb, CEO of Dutco Group commented, 'As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city's economy by 2033, logistics and trade sit at the heart of that vision. The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well positioned to support businesses operating across the UAE and the wider region.' Pre-leasing at Terralogix is now open. For more information, visit *Source: AETOSWire Contacts: Rawa Mukhaimer
