Transworld Group and JAFZA to establish State-of-the-Art Logistics Centre

DUBAI : Transworld Group and DP World’s Jebel Ali Free Zone (Jafza) on Wednesday announced the signing of an agreement for the construction of a 50,000+ square metre, dry and temperature-controlled distribution centre in Jafza.

The facility, which will be developed by Jafza, represents a significant expansion for Transworld that will
nearly double its capacity in the region while expanding the logistics infrastructure in the Free Zone.

Mr. Ramesh S. Ramakrishnan, Chairman of Transworld Group, said: “This is a momentous occasion for
Transworld Group and a reflection of our faith in DP World, Jafza and the UAE. This mega distribution
centre will be a landmark for Transworld, symbolising our growth and expansion over the last five
decades. It will also complement our foray into the food processing sector. We are thankful to Jafza and
DP World for facilitating this venture of Transworld and look forward to many more milestones through
this partnership as we continue serving our customers.”

Abdullah Bin Damithan, CEO and Managing Director of DP World GCC, said: “We are delighted to
continue our longstanding relationship with Transworld Group by partnering on this project. This
agreement reflects our commitment to providing state-of-the-art solutions that cater to the diverse
needs of our clients and foster business growth in Jafza, while solidifying our position as a leader in the
logistics sector.”

The warehouse construction is scheduled to begin in early 2024 and is expected to be completed by
2025, with the expansion coming on the heels of Transworld Group opening its new Cold Chain
Distribution Centre in Jafza earlier this year.

The agreement was officially signed in the presence of Abdullah Bin Damithan, CEO and Managing
Director of DP World GCC; Abdulla Al Hashmi, Chief Operating Officer, Parks & Zones at DP World GCC; Mr. Ramesh Ramakrishnan, Chairman of Transworld; Mr. Ritesh S. Ramakrishnan, Managing Director at Transworld and Ms. Anisha Ramakrishnan, Director at Transworld.

Since being established in Jafza in 2005, Transworld has grown rapidly, with its facility in the Jebel Ali
Free Zone serving as a central distribution hub and complementing its logistics and ship-owning
businesses. The upcoming facility will bolster Transworld’s capabilities further, featuring cold and frozen
chambers to accommodate a range of temperature-sensitive products.

About Transworld Group:
Transworld Group is a global shipping and logistics solutions group, operating through a strong network
of worldwide offices, with over 1,000 experienced professionals. Established in 1977 and headquartered
in the Jebel Ali Free Zone (Dubai, UAE), Transworld operates globally with its offices and network
partners around the world. It offers a one-stop solution with over four decades of expertise to all its
customers for their shipping and logistics needs. The group’s activities include Ship Owning and
Management (Container, Bulk Carriers and Tankers), Aviation, Supply Chain Management, Warehousing,
Cold Chain, Inland Transportation, Multimodal Freight Forwarding, Feeder, Liner, NVOCC, Shipping
Agencies, Projects & E-commerce.

About Jebel Ali Free Zone (Jafza):
Jafza is one of the world’s leading free trade zones and is home to over 10,000 multinational companies.
Jafza accounts for a significant FDI (Foreign Direct Investment) flow into Dubai, sustaining the
employment of more than 135,000 people in the United Arab Emirates.

Strategically located at the crossroads of a region providing market access to over 3.5 billion people,
Jebel Ali Port and Free Zone create an integrated multi-modal hub offering sea, air, and land connectivity,
complemented by extensive logistics facilities.

Jafza is the leading business hub between Asia, Europe and Africa, connecting some of the fastestgrowing manufacturing and consumer markets globally. With over 30 years’ experience, Jafza focuses on
long-term customer relationships, building alliances with global investors and providing world-class
infrastructure and support.