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"Dubai Airport Freezone sighted as world-class investment hub by Japanese investors"
Sunday, November 20, 2011
Dubai Airport Freezone sighted as world-class investment hub by Japanese
United Arab Emirates: 4 minutes ago
UAE - AMEInfo.com
A large number of Japanese companies have shown keen interest to take full
advantage of the world-class business-based platform of Dubai Airport
Freezone to expand their presence in the Middle East region and beyond.
In a call to reinforce the growing bilateral trade relations between Dubai
Airport Freezone and the Japanese trade community, a high-level delegation
from the Japanese External Trade Organization recently visited the Dubai
freezone and met with the senior officials.
The delegation, which comprised 18 representatives of the organization in
the Middle East, was led by Mr. Tomiyasu Nakamura, Executive Vice President
of Japanese External Trade Organization.
In his comments on the visit, Mr. Nakamura said, "Dubai has become a
distinguished investment hub for Japanese businesses. The number of Japanese
companies has spurted in the recent past. The strategic location of Dubai
Airport Freezone, due to its proximity to the Dubai Airport, is attracting
Japanese companies looking for investment opportunities in the Middle East."
When it comes to the favorite region for investment, the Japan External
Trade Organization is ranking Dubai in a leading position. The Japanese
External Trade Organization is the government's arm that encourages trade
relations between Japan and other countries. Furthermore, Dubai also enjoys
special reputation amongst Japanese investors and businessmen due to the
flexible investment laws and regulations in the UAE, which help encourage
and support foreign investments, and builds trade partnership between
foreign and local investors.
The Japanese economy is considered the fourth biggest in the world after
Europe, the United States, and China. In 2010, it witnessed a considerable
economic growth rate of three per cent along with an increase in its
electronics and car exports to the Middle East, due to its high quality and
durability, making them the highest consumed products in the region. These
findings have significantly encouraged Japanese investors to identify the
scope of development, and operate directly from Dubai Airport Freezone in
order to take full advantage of its world-class facilities and location.
Dubai Airport Freezone has by far the most advanced and state-of-the-art
facilities that help foreign investments meet their strategic goals by
satisfying the needs of the customers and helping them achieve their
Mr. Nasser Al Madani, Assistant Director General Dubai Airport Free Zone,
said, "As steps towards boosting our trade ties, we recently promoted our
services and facilities at a seminar in Osaka and Tokyo in Japan; as we are
keen to attract more Japanese companies to Dubai Airport Freezone, which
will benefit the overall UAE economy."
He added, "Dubai Airport Freezone has emerged as the favorite destination
for the Japanese multi-national companies and investors-which resulted in
attracting many companies in the recent years."
He said, "We shall continue to provide the Japanese companies with highly
advanced and modern facilities, unrivaled services and the best industry
standards to help them meet their strategic investment goals."
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