DAFZA Participates at Hannover Messe 2017
The Dubai Airport Freezone Authority (DAFZA) introduced its involvement with the UAE structure at the most recent edition of Hannover Messe, the world's largest making industry trade fair which kicked off on Monday, April 24, 2017 and will proceed until April 28, 2017 in Hannover, Germany. DAFZA is holding bilateral conferences with leading vehicle and digital firms that are wanting to broaden their business in the UAE and especially Dubai this year, to preserve their presence in the UAE and take advantage of Dubai's setting as a business hub.
On the sidelines of Hannover Messe 2017, DAFZA's delegation will participate at the UAE Investment and Business Forum which will organize a seminar highlighting the UAE's readiness to bring in investments. The group will certainly focus on DAFZA's significant potentials and affordable benefits that fulfill the requirements of regional and international capitalists. It will additionally shed light on DAFZA's leading standing as one of one of the most innovative and affordable freezones in the world, backed by huge trade and investment chances offered to present and new customers. This comes after many successes accomplished in terms of enhancing connections with foreign capitalists, particularly those from Europe, which have actually positively impacted the share of German business working in DAFZA. German enterprises currently make up 21 percent of the complete variety of European business in the freezone. The delegates will likewise review DAFZA's positive impact on the UAE's financial growth and financial investment attractiveness.
Jamal Bin Marghoob, Director of Advertising and marketing and Corporate Communications, DAFZA, claimed: "Taking part as part of the UAE delegation at Hannover Messe 2017 strengthens our pivotal duty in the growth of the UAE economic climate and reaffirms our complete assistance for national economic diversification plans over the previous 20 years. It likewise reflects the successful investment connections we have constructed which have actually transformed DAFZA right into a center for top worldwide firms, numerous of which are German organizations which top our list of investing European countries in regards to leased office and commercial areas, jointly making up 11 percent".
"With Hannover Messe 2017, we eagerly anticipate answering all investor inquiries, showcasing DAFZA's latest solutions and offerings, shedding light on the freezone's new industrial area, and sharing how capitalists can leverage the numerous financial investment rewards and benefits we offer".
Since its establishment Twenty Years earlier, DAFZA has actually focused on drawing in Foreign Direct Investments (FDIs) from high-value business industries in leading active markets to drive financial growth across Dubai and the UAE. The freezone presently plays a vital duty in attracting financiers from the vehicle industry which has been prospering in Dubai with 39 percent development considering that 2010, and which 90 percent are importers. Automotive sales are anticipated to reach 1.5 million systems in 2017, with a CAGR of 9.1 per cent in the GCC region. These favorable outcomes are mostly associateded with Dubai's position as an entrance for international business seeking import, export and re-export activities within the UAE.
Established in 1947, Hannover Messe is just one of the biggest commercial events on the planet. Each year it invites countless exhibitors and over 736,000 visitors from 53 countries collected within a space of over 496 thousand square meters housing 27 showrooms.
