Dubai to be one of the top maritime centres
A recent international survey conducted by Menon Business Economics Group, the globally renowned organisation for benchmarking leading maritime capitals of the world, predicts that Dubai will rank among the Top 7 Leading Maritime Centres in the World in the next five years.
Industry analysts and authorities agree that Dubai is on track to progress from being the leading maritime city in the Middle East to becoming the seventh Leading Maritime Capital of the World by 2020, ahead of cities such as London, New York, Tokyo, Copenhagen, and Rio de Janeiro among others.
His Excellency Abdulla Abdul Rahman Al-Shaibani, Secretary General of the Executive Council of Dubai said: “We are pleased with the Dubai standing in the maritime sector global ranking. Being the number one in the region, and among the top players globally, indicates that we are moving in the right direction toward accomplishing the vision of our wise leadership. The Dubai maritime sector strategy which was launched in 2012 is centered around creating sustainable development by providing world class services, infrastructure, and business friendly regulations. This ranking new achievement confirms that the strategic objective is being met.”
Menon polled around 1,600 maritime professionals and experts from 33 countries of all five continents. The world’s leading maritime cities were benchmarked based on the four main maritime indicators of finance, technology, ports and logistics, and shipping, in addition to an overall assessment of the cities’ competitiveness and attractiveness. Dubai ranked 5th overall under the Ports and Logistics indicator, and was named one of the five largest port operators in the world by headquarters (4th).