Tuesday, June 22, 2021

Dubai Multi Commodities Centre to transform Dubai into an international cacao business hub

Bringing a surplus of cacao to the region, Dubai Multi Commodities Centre –a flagship Free Zone has planned to launch a cacao centre in Dubai. The announcement was made by the Dubai Multi Commodities Centre (DMCC) on Sunday and the Dubai government’s media office said on Sunday.

Initially, the DMCC develop a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-202. The launch of the plan will transform the emirate into an international trade hub for the in-demand superfood as part of its mid to long-term development strategy.

To put the plan into action, the DMCC are in touch with a range of industries catering to cacao including Blue Stripes Urban Cacao and stakeholders across West Africa and South America, to better understand the needs of the market and how Dubai can play a central role in supporting its sustainable growth.

Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC in a statement said, “The DMCC Cacao Centre represents the next phase of our growth strategy and will see us transform Dubai into a global hub for the cacao trade.”

“Few thought the DMCC Tea Centre and DMCC Coffee Centre would reach the levels of trade we see today, so by utilising our expertise and experience gained from developing these commodities, we see cacao and its high-growth potential as a logical next step. Whilst connecting producers with consumers will be an important part of our model, we will ensure DMCC Cacao Centre follows our high-level approach toward sustainability, which prioritises driving value across the entire supply chain,” he further added.

With the rising demand for superfood cacao – shell, fruit, and beans, it is said to be nature’s highest sources of magnesium and iron, as well as antioxidants and natural cacao butter. Thus, with the launch of this new cacao hub, Dubai is set to step into the global map for cacao trade.

Image: Dubai Media Office | Twitter

Related Posts

Comments

Stay Connected

22,044FansLike
0FollowersFollow
0SubscribersSubscribe

Recent Stories