Dubai South, envisioned to become a smart and sustainable city, revealed details of the Mohammed bin Rashid Aerospace Hub and the new e-commerce zone, EZDubai.

With a total of Dh17 billion ($4.63 billion) of government and private sector investments, the Mohammad bin Rashid Aerospace Hub is designed to create an effective value chain for the aerospace sector and increase the gross domestic product (GDP) contribution of advanced industries to the emirate’s economic growth.

The 6.7-sq-km Aerospace Hub comprises the commercial strip, maintenance and technical support, business aviation, education and R&D.

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the unveiling of the hub and the new e-commerce zone.

These latest developments demonstrate the pace of growth within Dubai’s 145-sq-km flagship urban project, said a statement.

Formerly named as Aviation District, the Mohammed bin Rashid Aerospace Hub is home to a five-star VIP Terminal facility which hosts some of the world’s leading Fixed Base Operators for private jets, including Falcon Aviation, Jetex, and Jet Aviation, providing major business entities bespoke aviation services and seamless connectivity, and proximity advantages to the world’s largest airport in the making, the Al Maktoum International Airport.

The Aerospace Hub has a dedicated education and R&D cluster aimed at building a comprehensive aviation campus where institutes can set up and optimise delivery of top-level learning programmes.

It is also home to the E2 Event and Exhibition Centre, a dedicated exhibition zone and permanent home of the Dubai Airshow and the Emirates Flight Academy.

Khalifa Al Zaffin, executive chairman of Dubai Aviation City Corporation (DACC) & Dubai South, said: “The hub remains committed to elevating Dubai as the region’s aerospace capital by ensuring that we advance through excellence and deliver value that will benefit millions,” he added.

HH Sheikh Mohammed also witnessed the launching of EZDubai, a 920,000 sq-m purpose-built e-commerce zone within Dubai South’s Logistics District set to unlock vast potentials in online commerce, added the statement.

It provides a range of logistics facilities and business solutions designed for startups, SMEs, innovation labs and incubation centres to support local, regional and trans-continental businesses serving both business-to-business and end consumers.