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Dafza eyes key Singapore investment

by June 30, 2016 General

Dubai Airport Freezone Authority (Dafza) recently held a seminar in Singapore which highlighted its substantial investment prospects for Singaporean firms and opportunities to further develop business relations between the two countries.

The seminar, titled ‘Dubai: Where Global Businesses Meet’, was held in collaboration with the Singapore Business Federation, said a statement from Dafza.

Dafza has been holding seminars in the Southeast Asian nation to present opportunities for Singaporean businesses looking to bring their global operations to the Arab markets.

The key points discussed included Dubai’s economic milestones, the positive business impact of the upcoming World Expo 2020, and Dafza’s competitive edge, premium services, state-of-the-art facilities, strategic location, and business-friendly policies, it added.

Several business meetings with Singaporean companies took place following the seminar.

Singaporean firms, which are some of the most active Asia-Pacific exporters to Dubai, are among the top countries in Dafza’s Asia-Pacific companies list, it said.

Singaporean companies from high-value industries, including electronics, jewellery and precious stones, food and beverages, pharmaceuticals, nutrition and medical products, and automobiles, are operating in Dafza to date, it stated.  

Jamal Bin Marghoob, director of marketing and corporate communications at Dafza, said: “The recently concluded seminar was another fundamental initiative to promote strong cooperation between our free zone and Singapore’s flourishing business community.”

“The event served as an ideal platform to highlight Dubai as a destination of choice among global investors and entrepreneurs planning to expand in the Middle East and North Africa (Mena) region,” he added. – TradeArabia News Service