Nearshoring is the new reality in international trade, says head of global Free Zones body

IFZA: UAE Vision and Business Excellence

In conversation with Martin G. Pedersen, IFZA Chairman

HOW DOES IFZA POSITION ITSELF IN THE UAE GOVERNMENT’S VISION FOR THE FUTURE?

In 2021, the UAE government laid out the UAE Centennial Plan 2071, which is based on the pillars of future-focused government, excellent education, a diversified knowledge economy, and a happy and cohesive society.

IFZA has strategically positioned itself to contribute to all four pillars.

We have placed ourselves the important task of contributing to the government’s objective to spread positive messages about the nation as a desirable destination to live, study and do business both now and in the future.

IFZA contributes to the Plan’s educational goals, specifically in entrepreneurship education through the IFZA Academy, the region’s first government-accredited learning institution for the Free Zone sector.

IFZA contributes to the growth of the SME sector by attracting entrepreneurs from around the world to locate their businesses here in Dubai and providing them with the right environment for success.

This year, we have launched IFZA Cares, our official CSR arm established to make a positive contribution to the social and environmental welfare of the UAE.

As the nation continues to progress on its journey of excellence and empowerment, we at IFZA are committed to move along with it with utmost dedication.

HOW DOES IFZA MANIFEST ITS COMMITMENT TO CREATING A BUSINESS-FOCUSED COMMUNITY?

IFZA exists to bridge international investors to Dubai and to contribute to its economic prosperity by offering world class benefits that would serve the local and global community.

We believe that our mandate can only be successfully implemented in the context of community that extends from our people to our global network of thousands of IFZA Authorized Partners and Consultants, our Licensees and the communities that we are a part of.

This community-mindset is an important expression of our People First Approach. We are here to support the ambitions of people. We work tirelessly to constantly improve our processes and services so that every person we meet will have a positive business journey in Dubai. It is our goal at IFZA to provide a broad scope of products and services to match the needs of entrepreneurs, so their minds are focused on running their business, not in setting them up.

Despite the great advancements in technology, there is still no substitute for authentic and personal human connection. This is the principle behind our continuing investment in live events and collaborations.

These face-to-face engagements give us an invaluable opportunity to create shared experiences with our stakeholders, thus creating stronger bonds of partnership and loyalty beyond business.  The stronger our bonds are with our people, the more formidable we are as a community.

WHERE DOES IFZA PLAN TO GO FROM HERE?

The recent years have been a period of tremendous learning and growth for IFZA. We will continue this trajectory and move from strength to strength.

As we strive to constantly think from the perspective of our target groups, the IFZA ecosystem will experience a period of rapid progress, as introduce new products and services that support entrepreneurs from A to Z inside the IFZA Business Park.

We will also strengthen the integration of community-mindedness in everything we do through new initiatives, including an IFZA mentorship program, where we identify and create a network of support to local and international start-ups.

Click here to see the article on Gulf News.

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