Overseas property news - Dubai free zone near completion

Dubai free zone near completion

Dubai Airport Free Zone expansion nears completion...

Mr. Adel Ghafan, Executive Director of the Technical Services Department at the Dubai Airport Free Zone has confirmed that The Dubai Airport Free Zone's expansion plans are on track.

To meet growing demand and broaden its base, Dubai Airport Free Zone has embarked on an expansion plan which began early last year.

Mr. Ghafan added that four of the six new buildings are already completed and tenants have moved in.

"Over the past 12 years, Dubai Airport Free Zone has grown into one of the most successful economic ventures in the Gulf region. The Free Zone is now home to more than 1,500 multinational companies," Mr. Ghafan said.

Dubai Airport Free Zone offers investors the most attractive incentive packages like tax incentives and investment incentives and companies operating at the Free Zone get corporate tax exemptions, import and export tax exemptions.

Mr. Ghafan said "Dubai is pro business and has forward looking vision and a well developed infrastructure that businesses need. These are the things that make investment in Dubai very attractive for a wide assortment of businesses."

Source: Select Property

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