The Role of Public-Private Partnerships in the UAE’s Economic Landscape
This reputation as a global business and trade hub makes it the perfect location for the 10th World Free Zones Organisation (World FZO) World Congress, set to take place from September 23-25, 2024, at Madinat Jumeirah.
Under the theme “Zones and the Shifting Global Economic Structures,” the congress is poised to showcase Dubai’s pivotal role in the free zones sector and its impact on global trade.
Dubai’s Role in the Free Zone Sector
Dubai has long been a trailblazer in the development and management of free zones in the Emirate. Since the establishment of its first Free Zone in 1985, the city has grown to house over 28 Free Zones, each contributing significantly to the UAE’s economic success.
These Free Zones have played a key role in developing Dubai into a leading global business center, offering unique benefits such as 100% foreign ownership, tax exemptions, and streamlined regulatory processes.
The Dubai’s Free Zones don’t only attract foreign investment; they also aid in creating a dynamic environment for businesses to thrive. This strategic vision and innovative spirit align perfectly with the World FZO’s mission to enhance and expand the role of Free Zones in global trade and economic development.
A Global Business Hub
Dubai is strategically located at the crossroads of Europe, Asia, and Africa making it an ideal gateway for international trade. Along with this, the city boasts modern infrastructure, including state-of-the-art ports, airports, and logistics networks, which supports its role as a key player in global commerce.
The city is committed to fostering a business-friendly environment and does this by improving regulatory frameworks and enhancing economic opportunities.
WFZO Congress 2024: A Platform for Global Dialogue
Hosting the 10th World FZO Congress in Dubai provides a unique platform for global dialogue and collaboration. This year’s congress, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, marks a significant milestone for the World FZO, celebrating its 10th anniversary and its second consecutive year in Dubai.
The congress will bring together over 2,000 global leaders, investors, and experts to discuss key topics such as supporting national economies, driving the digital economy, and attracting foreign investments.
With discussions set to focus on modern sectors like artificial intelligence and advanced technology, Dubai offers the perfect platform for exploring the future of economic zones and their role in shaping global trade dynamics.
Aligning with Dubai’s D33 Vision
Dr. Mohammed Al Zarooni, Chairman of World FZO, has emphasized that the congress reflects Dubai’s commitment to advancing economic zones and achieving ambitious goals such as doubling foreign trade to AED 25 trillion and establishing new trade corridors by 2033.
Dubai’s vision for economic growth and innovation aligns with the World FZO’s objectives, making it an ideal host for this significant event. The congress will also provide an opportunity to showcase Dubai’s vision for the future of economic zones and foster constructive discussions on how to enhance global business connections, streamline processes, and drive sustainable development.
A Future-Forward Event
As Dubai prepares to welcome participants to the World FZO Congress 2024, the event promises to be a milestone in the ongoing evolution of free zones. The congress will not only highlight Dubai’s achievements but also set the stage for future advancements in the global economic zones sector.
Join the Conversation
Dubai’s most dynamic Free Zone community, IFZA, is proud to be the title sponsor for the 10th annual World FZO Congress 2024 for the second year in a row. This partnership underscores our commitment to driving innovation and growth within the Free Zone ecosystem. We are dedicated to supporting startups and SMEs while connecting the business community with global Free Zone solutions.
The World FZO Congress 2024 in Dubai is more than just a conference; it is a convergence of ideas and vision for the future of economic zones and global trade. Don’t miss this opportunity to be part of a transformative event that will shape the future of the free zones sector.
Join us in Dubai and be a part of the conversation that will drive the future of global economic development! For more information on the event and our partnership, visit our page here.