Free Zones Role in The Financial Surplus · 10 Role of Free zones zFree Zones have been set up with...
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1 Free Zones Role in Free Zones Role in The Financial Surplus The Financial Surplus Walid HAREB, CEO, Dubai Consultancy
Transcript of Free Zones Role in The Financial Surplus · 10 Role of Free zones zFree Zones have been set up with...
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Free Zones Role in Free Zones Role in The Financial SurplusThe Financial Surplus
Walid HAREB, CEO,
Dubai Consultancy
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Progress of Dubai has been phenomenal over the years.
There has been a lot of emphasis in Europe on business processes integration, efficiency and the establishment of industrial- commercial districts. Although with its implementation difference, Dubai has managed to capitalize its strength on its concept of free zones and cities.
The beginning of these extravagant development was marked with Jabel Ali and the Airport Free Zone, while media and internet city followed shortly. The government then initiated the light rail project to ease the load on the public transportation.
Work has also been started to build the tallest building in the world called Burj Dubai tower.
This is no doubt this will change the face of Dubai further. Dubai is proud of its adventurous construction projects.
The remarkable progress this city and the emirates in all-purpose has made an astonishing impact worldwide.
DubaiDubai
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Dubai inDubai in19921992
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Dubai TodayDubai Today
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Dubai in the FutureDubai in the Future
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Dubai Dubai -- Strategic LocationStrategic Location
An Ideally Located, Ultra Modern Business Hub
Key Points about Dubai
Open, transparent marketEasy access to regional marketsPro-business attitude and government policiesConsistently strong economic outlookBest regulatory environmentCosmopolitan work environmentWell connected locationThriving tourist destinationSafe and stable base for businessFree zones
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The RegionThe Region2 billion people and a GDP of $7 trillion
Free Zones In Dubai
Jebel Ali Free Zone Authority. Dubai Airport Free Zone Dubai Cars & Automotive Zone Dubai Internet City Dubai Media City Gold & Diamond Park Dubai Multi commodities centreKnowledge Village
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Dubai Financial MarketDubai International Financial Center
Dubai Aid City
Dubai Investment Park
Dubai Flower Centre
Dubai International City
Dubai Healthcare City
Dubai Business Bay
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Free Zone Free Zone –– The PlatformThe Platform
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Dubai Dubai –– Growth StrategicGrowth Strategic
Horizon 1TradeLogisticsTransportationTourism
Long Term
Low
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pact
on
the
know
ledg
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Hig
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Horizon 2Technology -Enabled Services
FinancialMediaTelecom/IT
Horizon 3R&DEducationEmerging Sectors- Biotech- Pharmaceuticals- Wireless- Nanotech
Vision 2010 – Dubai’s Growth Strategy
Short Term
Apply core competencies to new areas
Do what we do best, even better
Seed investment for future competencies
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Role of Free zonesRole of Free zones
Free Zones have been set up with the specific purpose of facilitating investment. Accordingly, the procedures for investing in the zones are relatively simple.
While the free zones are designed to complement and contribute to Dubai's growth and development, their legal status is quite distinct. Companies operating there are treated as being offshore, or outside the UAE for legal purposes.
The option of setting up in the free zones is therefore most suitable for companies intending to use Dubai as a regional manufacturing or distribution base and where most or all of their turnover is going to be outside the UAE.
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Forthcoming Free zonesForthcoming Free zones
OmanBahrainQatarKuwaitYemen
Dubai
India
Iran
Saudi Arabia
Egypt
Sudan
IraqSyriaJordan
China
Pakistan
Dubai Auto Parts City Free Zone Dubai Biotech Free Zone Dubai Carpet Free Zone Dubai International Arbitration CentreDubai Maritime CityDubai Outsource Zone Free Zone Dubai Silicon Oasis Dubai Studio City Free Zone Dubai Textile City E-Hosting Data Fort Free Zone Heavy Equipment & Trucks Free Zone International Media Production Zone Free Zone Mohammad Bin Rashid Free Zone
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