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Dubai has announced plans to develop one of the world’s largest and most advanced automotive trading hubs.

Dubai Municipality has signed a partnership agreement with DP World’s Economic Zones division to establish and manage the market. Under the agreement, DP World will provide integrated logistics and zone management services, including e-commerce and trade finance solutions.

The Dubai Auto Market will span a 22‑million‑square‑foot complex that will be developed by DP World.

It is planned to host more than 1,500 showrooms, clustered workshop zones, warehouses and multi-storey parking facilities, alongside a convention centre, hotel, auction house, retail outlets, and food and beverage areas. The facility is designed to handle over 800,000 vehicles a year, including new and used electric, hybrid and conventional models.