(Dubai) – Dubai Airport Freezone Authority (DAFZA) has recently announced its expansion plans and vision to invest in a number of plots of land belonging to Al Wasl Real Estate Corporation, and launch an economic project that aims to support the economy of Dubai. In order to meet the growing demand for global companies to start their business in the freezone, DAFZA will initiate construction on the new complex in the coming months, and it is expected to be completed within 21 months.
The project plans to build light industrial units (LIUs) for companies operating out of the freezone. The land is spacious and enjoys a strategic location near the current headquarters of the freezone, in addition to having proximity to all major roads and exits.
Speaking on the occasion, H.E. Dr. Mohammed Al Zarooni, Director General of DAFZA, said, “We are proud of all the achievements of the freezone, especially our latest one to branch out to other locations. We receive tenancy applications every day from local, regional and multi-national companies. In order for us to accommodate this large number of applications looking to establish offices at our premises, we decided to expand and build this complex.”
(Courtesy WAM)
