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The first leading dedicated e-commerce free zone in the Middle East, Africa and South Asia (MEASA) region has begun commercial operations, marking an exciting new chapter in global e-commerce and trade. Free zones provide seamless solutions to build businesses and integrated services to drive the growth of licensed e-commerce companies. Companies can also benefit from unique service packages offered by global partners in logistics, information technology and other fields.
Dubai Business City successfully leased 30% of its facilities in the first phase of the free zone development phase in just two months. The free zone covers an area of more than 2.1 million square feet and is backed by an investment of US$3.2 billion Dirhams. The success of the first phase of leasing highlights the huge benefits that the free zone brings to local, regional and international companies. This milestone underscores the interest of major market players in this unique free zone in this region. As part of its efforts to support customers and provide them with the best service, Dubai Business City has started operating its customs office, providing continuous support 24 hours a day, 7 days a week, in response to customs requirements. The needs of all customers on board.
As part of the start of business operations, Dubai Business City is providing investors with special start-up offers through the “Early Bird Campaign”, providing e-commerce organizations with unmissable opportunities to develop their businesses in the UAE and the region. The event lasted until mid-September, providing customers in Dubai Business City with an opportunity to save up to 50% when doing business in the free zone.
This purpose-built development project will accelerate the significant growth of e-commerce business setup and online retail in Dubai and throughout the UAE. Dubai Business City aims to promote the development of regional and international e-commerce businesses.
Dubai Business City has now opened in the Umm Ramool area close to Dubai International Airport, providing companies with a unique ecosystem and comprehensive solutions that enable them to operate efficiently and seamlessly. In addition to providing complete business setup and customs support, Dubai Business City also provides e-commerce strategy consulting, guidance on e-commerce regulations in the region, and end-to-end logistics solutions including warehousing and last-mile delivery. Organizations can also obtain complete e-commerce platform solutions, digital marketing services and other support services, including photo studios, call centers, etc.
Dubai Business City includes state-of-the-art offices, as well as warehousing and last-mile delivery services. With its world-class infrastructure, the free zone provides flexible office scales and expandable fulfillment centers, providing various dedicated solutions for e-commerce companies.
His Excellency Dr. Mohammed Al Zarooni, Director General of DAFZA, said: “Our achievements in the first phase of commercial operations are key achievements in predicting the future of e-commerce and accelerating its growth in the region. Thank you to our wise leadership and public and private sector partners. Congratulations to all those who participated in the Dubai Business City project as a reality. In less than three years of construction, we have successfully turned a dream and a concept into a physical, world-class facility that will inspire a new generation Entrepreneurs and innovators.
“The pandemic has created a truly resilient economy, and the lessons learned are paving the way for unprecedented creativity, problem solving and collaboration. By 2025, the e-commerce market of the Gulf Cooperation Council alone is expected to be worth approximately US$50 billion. This free zone will play an important role in realizing the real economic value of the industry. We look forward to welcoming businesses from this region in Dubai Business City,” Al Zarooni added.
Commenting on the launch, DeVere Forster, Chief Operating Officer of Dubai Business City, said: “For the UAE and the wider region, this is a historic moment and has been the center of innovation and technological advancement for many years. Seeing the incredible transformation of e-commerce and trade around us, we now provide a dedicated home for its future growth and development. The “Early Bird Event” is a number of investments that Dubai Business City provides for its new customers One of the incentive measures, because the solutions we provide can get a 50% discount when establishing a company.
“Dubai Business City is a real game changer. It provides first-class solutions, services and products for businesses of all sizes and backgrounds. The e-commerce ecosystem will be influenced by what Dubai Business City provides, which will It brings huge benefits to investors and companies in the region,” Foster added.
The second edition report of “MEASA E-commerce Landscape: B2C Product Edition” provides a comprehensive overview of the e-commerce sector in the MEASA region. Online sales increased by 214% year-on-year.
By 2022, the value of MEASA’s e-commerce market will grow to US$148.5 billion, and the industry is expected to continue to make progress.
Dubai Business City is divided into three clusters, each with its own innovative design. The business cluster is the location of modern garden buildings, with Grade A high-quality office buildings; the logistics cluster is composed of the most advanced dedicated and multi-customer warehouse units, and has a scalable pay-as-you-go pricing model; the social cluster has restaurants, cafes, Exhibition halls and events.
Dubai Business City will unveil new office buildings B1 and B3 in October 2022, and will launch the second phase of its logistics cluster in the same month.
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