44 additional free zones to join World Free Zones Organization
The World Free Zones Organization (World FZO) concluded its 2nd Board of Directors fulfilling this year held just recently in Tangier, Morocco. The session was headed by Dr. Mohammed Al Zarooni, Chairman of the World FZO, in the presence of a number of senior officials and members. Among the highlights was the statement of the addition of 44 new totally free zones to the ranks of the World FZO in the middle of growing acclaim for the company's essential function in supporting the growth of free zones around the globe and providing them with the needed facilities to actively support economic and social advancement.
The meeting concluded with an agreement on a series of decisions and innovative solutions for upgrading free zones worldwide and comprehensively developing the pertinent offered services. Among these was the introducing of a Master's Degree program in complimentary zone management in partnership with the leading company management school IESE Business School. This represents a significant step in the advancement of employees and professionals having a high degree of skills and understanding in different aspects connected to free zone management.
In order to equal the evolving technology experienced in various sectors and vital locations, the guests highlighted the requirement to launch mobile smart applications to assist in access to World FZO's services and make it possible for partners and entities to follow the most recent advancements and information on the organization quickly and easily. This would include the development of a custom-made electronic platform to promote trade in between members, enabling companies supporting the complimentary zones to provide comprehensive services to members of the electronic platform. The participants also accepted launch a program for the advancement of clever, green, and safe free zones.
Dr. Al Zarooni applauded the results of the 2nd conference of the World FZO, stressing the importance of improving the exchange of knowledge, experiences and finest practices amongst totally free zones which are formed to attract foreign direct investment and help with trade systems as well as the worldwide supply chain. He even more noted that free zones assist in the development of more jobs which add to the advancement of worldwide economies and energize world trade.
Al Zarooni said: "The 44 new free zones are quality additions to the World FZO network which come in line with the company's ambitious vision of acting as an incubator for all complimentary zones of different kinds and models all over the world. The World FZO will remain to offer a combined platform for reinforcing the function of complimentary zones as essential factors to socio-economic development and sustainability and to encourage international efforts to raise the sector to brand-new levels of quality and leadership.".
"We verify on our commitment to keep a stable pace of quality and constant expansion to attain the wanted goals," he concluded.
The conference included the approval of the conditions and procedures for hosting the company's Free Zone Outlook 2nd Annual International Conference and Exhibition which will be held from May 9 to 11, 2016 in Dubai and anticipated to have more than 1000 guests and high profile key note speakers. The Knowledge Committee was also entrusted to prepare an extensive redraft for the vision, goals and institutional values of the organization in line with the Board of Directors' efforts to guarantee the greatest degree of transparency and to supply the finest services and solutions to members.
