Turkey opened a trade center near Dubai’s Palm Island on the shore of the Persian Gulf, a local industrial zone authority announced on Wednesday.

The trade center has an approximately 14,000 square meters (150,700 square feet) indoor area with an 8,000 square meters (86,000 square feet) showroom and a 2,000 square meters (21,500 square feet) warehouse with social facilities, the Kayseri Organized Industrial Site said in a statement.

The center was established with the support of Turkey’s Trade Ministry and the Turkish Exporters’ Assembly (TIM).

Attending the opening ceremony via teleconference, Tahir Nursacan, the chairman of Kayseri Organized Industrial Site, stated the center is an example of support by the state and inter-institutional coordination.

“The project, which we started in Dubai to promote and store Turkish products and provide financial and logistical support for the exporters, was completed in a short period of two years,” he said.

Saying that Dubai is one of the world’s commercial centers, Nursacan stressed Turkish products must grab a market which has an annual market volume of $3 billion.

“We believe this center will help achieve Turkey’s export targets,” he added.

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