Dubai Maritime City boosts influx of maritime-oriented firms in Dubai

The Dubai Maritime City Law No. (11) of 2007 passed by H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has likewise helped make the multi-purpose maritime centre a highly attractive destination for maritime business. The new law consolidates Dubai Maritime City's pivotal role in centralising maritime operations in Dubai and across the region, while providing regulation to a mainly segmented yet booming global shipping industry.

Khalid Meftah, Senior Manager - Property Operation Department, Dubai Maritime City, commented:

'Dubai Maritime City will play a key role in the development of the regional and global maritime industry, through its wide range of centralised maritime services. Beyond being an industrial centre, the City is designed as a unique commercial and residential hub as well, offering clients a dynamic maritime-themed lifestyle. This project will definitely enhance Dubai's status as a leading international gateway to maritime excellence.'

The extensive facilities available at Dubai Maritime City are likewise poised to benefit firms in the key fields of maritime services; maritime management; vessel and yacht registration and ownership; maritime and educational research; vessel and yacht design and building; maritime shipment organization; maritime exhibition, conferences, training and workshops; maritime tourism; maritime specialised arbitration and several other high-growth segments.

Over 1,000 firms have already pre-registered within Dubai Maritime City, seeking to take advantage of the long-term sustainability and stability the multi-purpose maritime complex offers to investors and business organisations. The maritime centre's extensive ship repair and maintenance facilities are likewise poised to support the expected increase in Dubai's shipping sector, accommodating the various requirements of around 30,000 to 50,000 boats expected to be moored in Dubai within the next five years.

'Another important element that is making Dubai Maritime City a true model of maritime excellence is the establishment of a Quality, Environmental, Heath, Safety, and Security Policy, which ensures compliance with all international quality standards. As Dubai Maritime City gradually takes shape, revealing the world's most sophisticated integrated facilities dedicated to the maritime industry, we are likewise making sure all other critical areas are carefully addressed to provide optimum customer satisfaction,' concluded Meftah.