Dubai, August 3, 2021 (WAM) – Dubai Commerce City, the first free zone dedicated to e-commerce in the Middle East, Africa and South Asia (MEASA) region, has launched its business operations, thus marking an exciting chapter in e-commerce and global trade.
The Free Zone provides transparent solutions for businesses and integrated services to stimulate the growth of licensed e-commerce businesses. Businesses can also benefit from personalized service packages offered by global partners in logistics, information technology and other industries.
In the first phase of the free zone with an area of 2.1 million square feet for a 3.2 billion DEAT investment, Dubai Commercial completed a 30% lease of its facilities in two months. Dubai Commercial City has launched a 24/7 customs office to cater to customer needs.
It offers special introductory offers to investors as part of the launch of trading activities, through the “Early Bird Campaign”. The campaign, which runs until mid-September, gives Dubai Commerce City customers the opportunity to save up to 50% on setting up their business in the free zone.
Dr. Mohammed Al Jaruni, Managing Director, TAFSA, said: “What we have achieved in the first phase of our business operations is an important achievement in anticipating the future of e-commerce and accelerating its growth in the region, thanks to the support of our intelligentsia leaders and our partners in the public and private sectors.”
“The epidemic has created a truly flexible economy and the lessons learned will open the door to creativity, problem solving and collaboration. The GCC e-commerce market alone is about $ 20 billion. This free zone will play a key role in realizing the real economic value of the sector,” he said. He added.
Dubai Commercial City is located in the Umm Ramool area, close to Dubai International Airport.
In addition to a complete trading system and customs support, it provides e-commerce strategic advice, guidance on e-commerce regulations in the region, and final first-tier logistics solutions and last-mile delivery, including warehousing.
Commenting on the launch, Diver Forster, COO of Dubai Commerce, said the “Early Bird” campaign is one of the many investment incentives that Dubai Commerce offers to its new customers because we offer solutions of up to 50% off start-ups
The second edition of “MEASA E-Commerce Landscape: B2C Products Edition”, a report providing an overview of the e-commerce industry in the MEASA region, shows that e-commerce experienced a significant leap during the COVID-19 epidemic. In the Gulf region, online sales increased by 214% by mid-2020.
The market value of e-commerce will reach $ 148.5 billion in the MEASA region by 2022.
Dubai Commerce is divided into three clusters, each with its own innovative design. The Business Cluster features modern landscaping buildings with premium Class A offices, dedicated to the cutting edge of logistics cluster technology with scalable à la carte price models, and multi-customer storage units, as well as community cluster restaurants, cafes, exhibition halls and events.
Translated by: Kihan Fassi.
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