Dubai is one of the best places as far as business opportunities are concerned. Both the mainland area and several free zones are almost packed with lots of businesses that have been established there. But that doesn’t mean there are limited space and opportunities available for new businesses in Dubai. In fact, the government is always prepared to develop new business opportunities for large corporations, SMEs and freelancers. The most recent example is the construction of Dubai South free zone (also known as Dubai World Central Free Zone or DWC free zone). It is an ongoing project in Dubai that is believed to become one of the world’s largest business hubs after its completion.
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Advantages of Dubai South Free Zone
The initial purpose of DWC free zone is to host the Expo 2020 that will be held in 2020 in Dubai. But it will be built to cater needs of large types of businesses in the future also. It is the best time for entrepreneurs to reserve their place in Dubai South. This is especially important for all types of businesses from startups to SMEs of various fields.
Following are some of the important reasons for business setup in Dubai South Free Zone:
Al Maktoum International Airport
The most famous place in Dubai South is the Al Maktoum International Airport. The first phase of the airport has been completed that allows the handling of 200,000 tons of cargo and 5 million passengers annually. After its completion before Expo 2020, the airport will be able to manage annually 12 tons of cargo and 160 million passengers that will transform it into the world’s largest airport. This will ease various operations of companies established in it.
Dubai South is connected to several famous roads and highways in order to facilitate speedy transport of logistics and goods for local and international trade. Important roads that are connected with this free zone are Sheikh Zayed road, Sheikh Muhammad bin Zayed Road and Dubai Bypass.
Access to these major roads in Dubai provides a high level of speed and connectivity for its operations. The popularity of DWC as logistics hub has resulted in the opening of several renowned logistics companies like DHL, Aramex, and others.
Apart from having the world’s largest airport and important roads, Dubai South is also connected with international traffic for goods transportation through Jebel Ali port (world’s largest man-made seaport). It is directly linked to Jebel Ali Port through a Logistics Corridor. This will reduce the cost of import and export of goods and it can easily handle a large number of logistics for warehouses and industries.
The facility of multiple business activities
In contrast to several other free zones in Dubai and other emirates of UAE, It is not limited to a single or limited number of business activities. Instead, this latest free zone is open to all types of business activities. DWC office caters the need of companies that require a small office space. Facilities are also available for mega industries and corporations with warehousing requirements. Dubai South Business Centre is a perfect example that provides 360-degree office solution to corporations and small companies.
In order to facilitate all types of business activities, DWC free zone has been divided into various areas including Aviation district, Business park, Logistics district, commercial district, exhibition district, etc. All these areas are suitable for various types of business activities and support overall business growth in it.
World Expo 2020
The most immediate benefit that businesses in DWC will get is with the hosting of Expo 2020. According to estimates, more than 25 million visitors from around the globe (more than 130 countries) will arrive in Dubai South to attend this expo that will last for around 6 months (20th October 2020 to 10th April 2021).
Due to this factor, Expo 2020 is enhancing the UAE’s economic growth even before its commencement. Exposure of your business in front of such a large number of international consumers will essentially give it a boost on the international level even in the very beginning.
The formation of Dubai South is not merely for business purpose but it is aimed for providing an integrated ecosystem to creative people from different parts of the world. There is a separate residential district present in it. Along with Residential district, residential opportunities are also available in Commercial district and Golf District.
Facilities like schools, hospitals, malls, leisure activities (e.g. golf course), multi-story buildings, townhouses, villas, etc. are available in these districts. You can get a complete lifestyle in these specific districts of DWC free zone.
All these factors provide a clear picture of the future of business in Dubai South. It is estimated that millions of people will visit Dubai South annually even after the end of Expo 2020. It means expectations of DWC free zone becoming a tourist attraction after its completion are immense. It is the best time to start your business in one of the world’s most business-friendly cities. For complete assistance, you can contact Riz & Mona Consultancy via our WhatsApp # 971-56-9971225. We can guide you thoroughly in various aspects like its free zone fees and visa cost, etc.