Transport UAE firm to open $136.2m spare parts hub in Jafza By Pramod Kumar August 8, 2023 WAM The lease was signed by Ahmed Juma Ahli, CEO, Neweast General Trading and Abdulla Al Hashmi, COO, Parks and Zones, DP World UAE UAE-based Neweast General Trading has leased land at Jebel Ali Free Zone (Jafza) to set up the largest spare parts distribution hub in the Middle East and Africa. Electric car sales on the charge due to UAE policy Lucid to start manufacturing in Saudi next month The company plans to invest AED500 million ($136.2 million) to transform the 165,000 sq m space at the free zone. Construction of the new hub is on track, with completion expected by October 2024, state-run Wam news agency reported. The facility will support efficient order fulfilment and delivery for more than 160 premium brands in the region. Neweast will distribute a range of automotive spare parts for various vehicles, including passenger cars, vans, buses, trucks, trailers and heavy equipment. The company plans to hire additional employees to support the expansion, expecting a 50-percent increase in their current workforce of 500 across seven branches in the Middle East.