DWC promotes Business Park in India

October 2014

A DELEGATION from Dubai World Central (DWC), the world’s first purpose-built aerotropolis, held a road show in India to promote its rapidly expanding Business Park Free Zone to local companies and investors.

The visits to New Delhi, Bangalore and Mumbai were supported by the Federation of Indian Chambers of Commerce and Industry (FICCI).

The state-of-the-art DWC Business Park offers a fully integrated business environment to cater to various requirements of businesses operating in the UAE.  More than 20,000 sq m of office space has been leased in 2014 to date, with additional space being fitted out at present to cater to small and medium enterprises (SMEs). Indian companies, especially the growing SME segment, that are interested in bringing their operations to this emerging business destination can set up their offices within three to four weeks, DWC says. The park’s commercial buildings and offices are designed to offer unmatched scalability and flexibility for time- and cost-efficient operations.

Paolo Serra, vice president of Business Park, said: “More than 50 per cent of the companies established in DWC are either fully or partially owned by Indian investors, reflecting the emirate’s productive and long-standing relationship with India. In 2013, India emerged as the top trading partner of Dubai after recording a trade volume of $37 billion to account for 10 per cent of the emirate’s total foreign trade. At DWC Business Park, we believe that we can strategically contribute to an even stronger partnership. Indian businessmen can quickly establish their businesses at DWC, the new gateway of global commerce. In addition, as a Free Economic Zone, we offer 100 per cent foreign ownership and a zero tax policy along with a variety of business licences.”

Serra added: “The Business Park, an integral part of DWC, has witnessed an increased demand for office space in 2014. With premium infrastructure and flexibility to grow and expand in the future, we are confident that the park will continue to attract a large number of Indian companies that are looking to either establish or reinforce their presence in the Middle East.”

Dubai World Central, host to World Expo 2020, is a planned residential, commercial and logistics complex. It is set to be the world’s first truly integrated and self-sustained economic zone and logistics platform supporting a wide-range of transport modes, logistics, and other value-added services including manufacturing and assembly.

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