Newsletter Archive

Newsletter 05/2018 Newsletter 01/2018 Newsletter 10/2017 Newsletter 09/2017 Newsletter 05/2017 Newsletter 02/2017 Newsletter 12/2016 Newsletter 06/2016 Newsletter 09/2015 Newsletter 05/2015 Newsletter 02/2015 Newsletter 01/2015 Newsletter 12/2014 Newsletter 11/2014 Newsletter 09/2014
 

Newsletter 09/2015

Member News | Dubai World Central - Update

 

Progress continues apace at one of Dubai’s largest urban projects – Dubai World Central. The emerging master-planned city being built over a 145 square kilometer area is striving to become the preferred place to live, work and invest. It is designed to ultimately sustain a population of a million, and become a powerful engine serving Dubai’s economy

Already, DWC is the permanent home of the Al Maktoum International Airport (AMIA) as well as key events such as World Expo 2020, Dubai Airshow and the Middle East Business Aviation Summit. AMIA, which will be the largest in the world once complete and more than thrice as large as Dubai International Airport, was opened to cargo and passenger flights in 2010 and 2013, respectively.

The current phase of expansion is scheduled for completion in Q1 of 2022, by which time AMIA’s annual passenger capacity is projected to rise from the current five million passengers to 130 million. In the coming years, Dubai is expected to unfold plans that will make AMIA the emirate’s main aviation gateway and a major transit point for international passengers. The new airport’s ultimate annual capacity will be 220 million passengers and 16 million tons of cargo. 

Several industries that enjoy a natural affinity to air transport – such as logistics, aircraft maintenance, repair and overhaul functions – and support services related to businesses in general, are quickly striking roots at DWC. Towards that end, Dubai World Central is focused on promoting the establishment of larger organizations, SMEs and entrepreneurs alike by offering economic free-zone benefits such as 100% tax exemption and 100% repatriation of profits.To date, more than 2,000 businesses (and growing) representing investors from 120 countries are licensed with DWC.

“From sea-to-air in 4 hours”

Besides taking the ease of doing business to new levels, DWC is also leveraging on location. “DWC is able to facilitate sea-to-air cargo traffic like no other location in Dubai. Thanks to the Logistics Corridor, goods arriving by ship at Jebel Ali Port can seamlessly move to the AMIA runway within four hours. This represents an unrivaled time and costs advantage which several organizations are keen to own,” said Mohsen Ahmed, VP of DWC’s Logistics District. The district already boasts some flagship clients such as Emirates SkyCargo, DHL, DB Schenker, Aramex, Hellmann Calipar, IKEA, and RSA-Talke.

A highlight for the Aviation District at DWC will be the launch of the Executive Jet Terminal in Q4 of the year. The district offers ready-built, world-class aviation infrastructure catering to MROs, FBOs, light industries, educational and R&D institutions, and current clients include Emirates Training Academy, STTS Group, Falcon Aviation, Jetex, XJet, DC Al-Futtaim.

DWC is anticipated to unveil more details about its emerging urban model at the Cityscape Global event this September in Dubai. Such unveiling will add to our understanding of DWC’s hospitality and urban living offering, which will also feature hotels such as the Hilton, Staybridge and Holiday Inn.



© 2018 by ABCD UAE | developed by Echt.ME