- February 26, 2019
- Posted by: lcl_admin
- Category: News
The UAE’s air freight market is expected to grow an annual compound rate of 4.8 per cent between 2017 and 2021, driven by expansion projects and new investments within the UAE’s logistics sector.
According to a report on Wednesday from the Dubai Chamber of Commerce and Industry, improvements to the logistics infrastructure will strengthen Dubai’s position as a global trade hub.
The report showed that demand within the UAE’s air freight market increased at an annual compound rate of 8.6 per cent between 2012 and 2016.
In 2016, Dubai International Airport handled 2.6 million tonnes of cargo, with freight volume growth rates at 3.8 per cent, the analysis showed, while Abu Dhabi Airport handled nearly 800,000 tonnes of cargo during the same year.