Volume # 11 | November, 2013

UAE Freezones Biz News Updates

Dubai Airport Freezone Calls for Cooperation among Freezones in the GCC

With more than 17 years' operating experience, Dubai Airport Freezone ( DAFZA ) is leading a bid for all freezones in the GCC to exchange knowledge and best practices to attract more multinational corporations and SME investors across the region. In its first drive to encourage cooperation, DAFZA met with Qatar's Economic Zones Company (EZC), where both organisations discussed their experiences, opportunities and challenges.

Nasser Al Madani, Assistant Director General at DAFZA , said, " Dubai Airport Freezone is the region's leader in attracting foreign investors through its foreign ownership policies. The establishment of other freezones across the region aiming to be developed by 2016 will enhance the region's capabilities in attracting overseas companies and local entrepreneurs. As a leader in the GCC, we have taken on the responsibility of sharing the lessons we've learnt over our last two decades of operation."

Fahad Rashed Al Kaabi, CEO, Economic Zones Company, said, "The UAE has become a world leader in running and managing free zones and we believe that we have benefitted a great deal from their cooperation and counsel."

Al Kaabi added, "The Economic Zones Company in Qatar aims to support the development and investment in SMEs, to create a foundation suitable for sustainable growth as we work to achieve our 2030 vision and diversify the Qatari economy. EZC spans across 50 square kilometres and is divided into three main areas. Each area is dedicated to a particular industry with 400 square kilometres for logistics, 12 kilometres squared for aerospace and 34 square kilometres for manufacturing. EZC is located near Hamad International Airport and the Port of Doha, a prime location for key investors."

Oct 9, 2013

Free Zones Of UAE

Volume # 11 | November, 2013

UAE Freezones Biz News Updates

Courtesy Zawya

Emirates Of UAE

Business

UAE Offshore