Dubai Customs and the Department of Economic Development in Dubai have unveiled a ‘Virtual Corridor’ to improve the overall trade sector and facilitate goods movements.
This corridor is a virtual freight and logistic passage which will connect seaports, airports and free zones in Dubai on a single platform, enabling trouble-free customs clearance and making the entire process more streamlined, time saving and cost efficient without any financial burden, said Ahmad Mahboob Musabih, Director of Dubai Customs.
The virtual corridor will enable the movement of cargo among handling authorities and shipment companies using faster, easier and cheaper custom procedures, Musabih said.
Cargo will be moved in under four hours without the need for a client to submit a cash bond or bank guarantee. Dubai Customs will grant clients virtual financial guarantee for each consignment to be transferred among customs centres in Dubai.