Dubai Customs gives presentation on “Risk Engine”

WAM DUBAI, June 18th, 2013 (WAM) — The Dubai customs risk engine system has drawn the attention of different government agencies in the country after winning the distinguished technical project award as part of DGEP 2012.

Among the series of government delegations, who have shown interest in learning about such system and the phases of its development, included a delegation from the Ministry of Labour.

The delegation who visited Customs Development Division at Dubai Customs was given a detailed presentation on risk engine system and its advantages at customs business level particularly inspection operations. The system validates in advance all potential risks involved in shipments allowing the passage and clearance of free risk shipments subject to the applicable procedures with no need for inspection.

This has brought about rapid customs transactional processing within a record time and positively reflected on saving traders and investors’ time, effort and cost enhancing Dubai Customs’ capability of attracting more local, regional and international trade.

Risk engine system contributed to achieving many seizures of locally and internationally prohibited and restricted products, which increased by 355% over the recent three years (2010-2012) as compared with previous years.

The shipments being cleared within less than 10 minutes increased to 328% while risks system effectiveness increased by 274% which contributed in increasing successful potential seizures.

The time for risk validation of each customs declaration decreased to less than two seconds.

The rate of transactional intervention declined to 13% leading to the increase in the number of electronically processed transactions. Further the risk engine system contributed to reducing the maintenance and support cost relating to the old system by 65%.

WAM/ES/AM

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