China’s WenChao Group has announced that it will invest over $200 million to construct WenChao Logistics Hub, a food manufacturing and distribution facility in Dubai Industrial City.
The signing of the new agreement took place during the company’s participation at the Global Manufacturing and Industrialization Summit (GMIS). The first phase of the facility, which will include an integrated warehouse, distribution center, food processing and manufacturing factory for half-cooked and braised food, is set to open in the first half of 2022.
WenChao’s biggest facility will be more than 950,000 square-foot, with cutting-edge equipments capable of a food production turnover of up to $136 million annually.
Saud Abu Al Shawareb MD – Dubai Industrial City
“For well over a decade, WenChao Group have demonstrated tremendous innovation and growth with their production and storage activities, as well as eCommerce logistics,. This new partnership demonstrates Dubai Industrial City’s commitment to the Operation 300bn strategy by enhancing the UAE’s industrial sector and diversifying our national economy. This factory will play a major role in localizing food production and distribution and feed our ambitions to develop a more sustainable and self-reliant future.”
Founded in Dubai in 2006, WenChao Group has a diverse portfolio which also includes a retail group that integrates eCommerce logistics, the chain hypermarket ‘Wemart’. The organization has also founded a number of Food and Beverages (F&B) brands, including YaoYi Tea and Tasty Yue, and has a global trade network covering nearly 20 countries.
WenChao Group also owns the WenChao Green Farm in Dubai’s Nazwa desert region where it grows approximately 50 varieties of vegetables across 80,000 square feet. The company aims to expand its footprints into vertical farming in 2023. The second growth phase will see the construction of a 4 million sq. ft vertical farm set for completion in 2025.
Mr. Jiansheng Sun, Chairman of WenChao Group said that, “We are excited to set up our logistic hub in Dubai Industrial City, the first significant milestone of our strategic cooperation. We look forward to creating new engines of opportunity for growth and innovation, building on Dubai’s leading position as a hub for innovation. The new world-class logistics and food production facility in Dubai Industrial City will place us in a strong position to manufacture, store and distribute food efficiently while contributing to the local economy.”
