Browse
related articles
Dubai Airport Free Zone participates at Farnborough Air Show
- United Arab Emirates: Monday, July 21 - 2008 at 16:15
- PRESS RELEASE
Dubai Airport Free Zone showcased the emirate's investment opportunities in the aviation and aerospace industries at the recently concluded Farnborough International Air Show in England.
Elaborating further he said, "There are synergies that make investment in Dubai very attractive for the aviation and aerospace industry. First of all, our location adjoining the Dubai Airport and the highly developed infrastructure for logistics and cargo operations are particularly attractive to companies that depend on time-sensitive shipments. We also have a one-stop-shop where investors can get all their documentation for licensing, registration and employee sponsorship done, even online."
Ahli noted that Dubai Airport Free Zone is one of the leading Free Zones in the Middle East, and offers unrivalled attractions as a base for doing business in the prosperous and growing markets of one of the world's most rapidly developing regions.
Ahli also said that the development of Dubai World Central in Jebel Ali and the Dubai Logistics City will add value to Dubai Airport Free Zone and compliment its operations.
"The Farnborough International Airshow is the most prestigious platform for various aviation products and services. Gulf and Middle Eastern carriers became the centre of attraction having firmed up orders worth more than $30bn," he said.
"This will obviously reflect positively on our business as many of these vendors would seriously consider opening service and maintenance offices closer to their new clients," added Ahli.
Total foreign ownership, total repatriation of capital and the total exemption from corporate, personal income, and commercial levies taxes are key features that have attracted multinational companies to set up office in the Dubai Airport Free Zone.
Outlining the marketing strategy of the Zone Ahli said, "The core business of the Dubai Airport Free Zone is to attract foreign investments associated with aviation, pharmaceuticals, cosmetics, jewellery and precious stones into the country. The aviation sector is a fairly large part of our operation representing 14 percent of the total business and attracting some of the world's largest companies in the industry including Boeing, Airbus and Jet-Aviation."
The Dubai airport Free Zone also has a one-stop-shop where investors can get all their documentation for licensing, registration and employee sponsorship done, even online. Another feature of the zone is that companies are allowed to operate 24-hours and provided round-the-clock security.
"Our location within the Dubai International Airport with 135 airlines flying to 210 destinations is indeed a boon for investors," Ahli concluded.
With 48,000 Sq. m. of additional office space being added this year and a further 103,000 Sq. m. planned between 2010 and 2013, the Dubai Airport Free Zone is contributing significantly to making Dubai one of the most vibrant trading hubs in the world.
Also consider reading:
Browse
related articles
Notes and media contacts
About Dubai Airport Free ZoneDubai Airport Free Zone established in 1996 offers companies operating at the Free Zone 100% foreign ownership, Free Zone companies will benefit from 100% repatriation of capital and 100% corporate, import/ export, personal income, and commercial levies tax exemption. The Dubai Airport Free Zone facilities offered to companies include "one stop shop" administration services and investor oriented management. Companies can operate 24-hours and enjoy security around the clock as well as make use of the excellent cargo handling facilities (1.6 billion tonnes handled in 2007), 24-hour Customs services, Dedicated Logistics Centre (DNATA /FLC), and a range of ready-built and custom-made facilities close to the airport apron.
Trade through Dubai Airport FZ represents approximately seven per cent of total Dubai Trade in 2007. It contributed five per cent to Dubai's GDP. Businesses at Dubai Airport Free Zone resulted in a 75% increase in DNATA's cargo handling facilities at Dubai Airport Free Zone since its establishment. The Free Zone has contributed a 100% increase in the handling capacity of DNATA at the Free Zone in the period 2005-2007. (Current capacity 200,000 tonnes per annum).
The Dubai Airport Free Zone has received the following awards in the last couple of years:
•ISO 1800-/1999 Health & Safety Certificate.
•Dubai Government Excellence Award-2005
•FDI Award-fastest growing Free Zone in the Middle East-2006
•Middle East Logistics Award -The best Airport Free Zone in MENA - 2007
For more information, please contact:
BIZ COM - For PRoactive Communications
P.O. Box 48889
Dubai - UAE
Tel: +971 4 332-0888
Fax: +971 4 332-0999
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions

Posted by Medilyn Manibo, Assistant News Editor
