DED implements "Sinaat" project to serve Industrial Investors

The new project focuses on developing the services that DED offers to industrial investors in the Emirate.

"Sinaat" project includes the preparation of an Industrial Investment guide that will clearly state the steps towards getting an industrial licence. The guide will also offer assistance on legal procedures, and the identification of the types of companies that come under the purview of an industrial licence.

"The DED is keen on elevating the level of coordination between government departments and private organizations to provide best services for industrial investors," said Farid Al Abdullah, Head of the Business Sector Development Division at DED. "The DED focuses on developing the standards of services offered to new and existing industrial investors," he added.

Mr. Al Abdullah said that in 2006, the DED would focus on the development of the industrial sector in the Emirate, "The year 2006 is 'The Industrial Development' year. The department is focusing on the development of the local Industrial sector as a key to a sustainable economic growth, through attracting foreign investments and improving the investment environment in Dubai," said Mr. Al Abdullah.

"The DED is committed to providing guidelines, consultations and value-added services to facilitate investors to establish their industrial units in Dubai," he added.

The "Sinaat" project comes as part of the DED's strategic objectives to develop the Industrial sector in Dubai accordingly with the economic and industrial policies to encourage investment and improve productivity.

The DED, in coordination with Dubai Industrial City (DIC), has recently announced the opening of a permanent booth at the DED premises to assist entrepreneurs and businessmen interested to invest in the industrial sector in Dubai.