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Sunday, April 21, 2024

Dubai launches World Free Zones Organisation

Dubai launches World Free Zones Organisation
Dubai launches World Free Zones Organisation

(Dubai) – Dubai has been chosen to house the headquarters of the newly-formed World Free Zones Organisation, which was officially launched in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Sheikh Mohammed revealed the new organisation and expressed his best wishes for its success. The new non-profit entity will operate as an association for all free zones in the world, with membership open to all United Nations member countries and launches with 14 directors representing free zones from about a dozen countries. The organisation is registered in Geneva, Switzerland.
There are 3,500 free zones in 135 countries across the world, with about 66 million workers and 96,000 firms operating within them.
The World FZO comprises representatives of established free zones as well as local, regional and international free zone associations from across the world. The 14 founding members constitute the full board of directors of the World FZO for the initial term.

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