Tuesday, December 28, 2010

JAPANESE COMPANIES KEEN TO OPERATE REGIONALLY OUT OF DUBAI AIRPORT FREEZONE

JAMAL BIN MARGHOOB- “SEMINARS IN SINGAPORE AND MALAYSIA SHED LIGHTS ON THE FACILITIES AND QUALITY SERVICES DUBAI AIRPORT FREEZONE PROVIDES.

In their quest to find close accessibility to the Middle East markets, many Japanese companies have shown interest to establish their businesses in Dubai Airport Freezone, discloses Mr. Jamal bin Marghoob, Sales Deputy Director.

 He said, “As part of its strategy to attract more companies from Japan, Dubai Airport Freezone in collaboration with JETRO office in Dubai attended two seminars in Singapore and Malaysia.”

“I had the opportunity to talk to the senior executives of many major and medium sized companies who showed strong response and enthusiasm to find a base in Dubai and in Dubai Airport Freezone in particular,” added bin Marghoob.

“I met with many decision makers and underlined the advantages of being part of one of the world’s leading freezones. I explained about the immense commercial opportunities available to companies operating out of Dubai Airport Freezone.
‘The seminars have allowed the potential investors to assess the new investment opportunities that are available in the Freezone.”

Mr. Marghoob briefed investors explaining the Freezone’s exponential growth taking advantage of suitable location in the center of Dubai and close to the international airport.
“Companies were attracted to Dubai Airport Freezone by benefits offered to investors such as no import duties, tax exemptions and investment incentives. As a matter of fact, Freezone  has a unique advantage, being the only freezone located near the international airport, which attracts companies working in various sectors including, Logistic & Cargo, Pharmaceuticals & Cosmetics, Aviation Industry, Telecommunications, Building and Electrical material and Jewellery.  

Mr. Marghoob also presented an update on the services provided in the Freezone, its future expansion plans, and the advantage of setting up a business there.

“Dubai has become a vital trade centre for companies looking to operate in the Gulf region as it ensures safety, security, stability & transparency in laws and legislation,” Bin Marghoob concluded.

JETRO Singapore organized the Singapore leg of the seminar, while the Kuala Lumpur, Malaysia seminar was organized by JETRO Malaysia.

Dubai Airport Freezone has been named the Best Freezone in the Middle East region and the Second Best in the world by the premier Foreign Direct Investment (fdi) magazine of Financial Times. Apart from this award, Dubai Airport Freezone also won the Second Place in "Best Transport Links" in the world.

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