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Free Zones
in Dubai |
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Dubai
Internet City |
| Dubai Internet City was conceived
with the mission of creating an infrastructure
and environment for Internet and media companies
to operate locally, regionally and globally
out of Dubai with significant competitive
advantage.
Within a short span of time, a dynamic
international community of ICT companies
has established itself in Dubai Internet
City. The global ICT giants are all here:
Microsoft, Oracle, HP, IBM, Compaq, Dell,
Siemens, Canon, Logica, Sony Ericsson and
Cisco, to name just a few. These companies
represent a formidable community of over
5,500 knowledge workers.
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Dubai
Media City |
| DMC has been established by the
Dubai Technology, E-Commerce and Media Free Zone
Authority to provide the infrastructure and environment
that will enable media-related enterprises to
operate globally out of Dubai.
Strategically located in Dubai at the crossroads
of the Middle East, Africa and South Asia, Dubai
Media City is rapidly emerging as a global media
hub. DMC is the place where every kind of media
business - Broadcasting, Publishing, Advertising,
Public Relations, Research, Music, Post Production
will thrive and have the Freedom to Create. |
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Jabel
Ali Freezone |
| As one of the largest and fastest
growing free zones, Jafza aspires to be the international
business hub of the Middle East. We focus on long-term
customer relationships, providing creative and innovative
solutions for global industrial investors, and fostering
alliances with them. We offer our customers world-class
infrastructure supported with quality, value-added
services and incentives. We further provide community
amenities, enhancing a dynamic and thriving business
environment. Enabling this, are our people, provided
with opportunities to grow and be creative, and
supported in their efforts to manage customer needs
through technologically advanced support systems. |
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Airport
Freezone Dubai |
Dubai Airport Free Zone is situated within the vicinity
of an airport, so the activities permitted at the
Zone are limited to high value, low volume products,
which require a rapid access to markets. Therefore,
DAFZA is an ideal location for high tech / IT products,
luxury items, jewellery, light industry & activities
related to the aviation industry. |
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| Free zones in Dubai are getting some serious competition
from regional free zones are developing themselves
to attract investors from Dubai as well as other
Arab countries.
Until recently, Dubai was seen as a safe investment
but now analysts are predicting nightmarish inflation
rates like 6.5% and higher. The prices have been
going up steadily and the high inflation is having
a big negative impact on profit margins and several
major companies are looking to other countries
or regional free zones to avoid this potential
crash.
There have been many free zones in Dubai since
the 1980s it is only recently this mad rush for
them has developed in conjunction with countries
developed free trade agreements (FTA) with their
neighbors and others wanting to become part of
the world trade organization (WTO).
Dubai has pushed hard and fast to become the
main business hub in the Middle East, other nations
like Egypt, Jordan, and Lebanon other countries
have also been developing their free zones and
infrastructure without all the noise generated
by Dubai. Moreover, those countries are operating
with the advantage of hindsight provided by the
Dubai free zone fiasco.
There are almost 20 free zones (working or under
development) between Egypt, Jordan, and Lebanon.
The UAE is far ahead of them with 15 working free
zones and another 13 under development but the
other countries are quickly catching up and focusing
on development of specialized free zones.
Currently, the competition for the global media
industry and regional investors is between 3 regional
free zones. There is the Dubai Media City (DMC).
There are advantages to Dubai but then Media Production
City (MPC) in Egypt has a large and cheaper human
resources pool. Jordan's Media City has already
attracted organizations with offices in Dubai.
Free zones in Dubai have become a risk not only
because of the increase in costs but also because
of other factors like the establishment of the
new export-oriented free zone by Egypt located
east of Cairo after the Cairo Zone reached saturation.
More recently, auto-parts manufacturers like Rover,
BMW, and Land Rover also moved to Egyptian free
zones.
Analysts believe that if ever increasing trends
in the costs associated with free zones in Dubai
is not controlled soon then there might be a massive
outflow of companies to cheaper and newer regional
free zones that offering the same level of service
at lower production and operational cost.
The Dubai Airport free zone recorded a 62% increase
in the number of companies operating during 2005
as compared to 2004. There were over 318 multinational
and regional companies operating in this free
zone in Dubai in 2005 bringing the total number
of companies in the free zone to 825. |
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