Dubai CommerCity, the first dedicated e-commerce free zone in the Middle East and Africa (MEA) and South Asia region, has begun commercial operations signalling an exciting new chapter for global e-commerce and trade.
Located in the Umm Ramool area near the Dubai International Airport, Dubai CommerCity is divided into three clusters, each with its innovative design.
The Business Cluster is home to modern landscaped buildings with Grade A premium offices; the Logistics Cluster which consists of state-of-the-art dedicated and multi-client warehouse units with scalable pay-as-you-go pricing models; and the Social Cluster houses restaurants, cafes, exhibition halls and events.
The free zone provides seamless solutions to establish businesses and integrated services to drive the growth of licenced e-commerce companies.
Companies can also benefit from unique service packages provided by global partners in logistics, information technology and other sectors.
Within just two months, Dubai CommerCity has succeeded in leasing 30 per cent of its facilities within the first part of the development phase of the free zone, which extends over 2.1 million sq ft at an investment of AED3.2 billion ($871 million).
Dr Mohammed Al Zarooni, Director-General of Dafza, said: "What we achieved in the first phase of the commercial operations is a pivotal achievement in anticipating the future of e-commerce and accelerating its growth in the region, thanks to the support of our wise leadership and our partners in the public and private sectors."
"The pandemic has created a truly resilient economy and the lessons learnt are paving the way for creativity, problem-solving and collaboration on a scale not seen before. The GCC’s e-commerce market alone is expected to be worth roughly $50 billion by 2025 and this free zone will play a significant role in realising the true economic value of this sector," he added.
Dubai CommerCity has also commenced the operation of its customs office, available 24/7, in response to the needs of customers.
It is also providing special launch offers for investors as part of the start of commercial operations, through an "Early Bird Campaign". Running until mid-September, it offers Dubai CommerCity’s customers a chance to save up to 50 per cent on setting up their businesses within the free zone.
Commenting on the launch, COO DeVere Forstery said: "The ‘Early Bird Campaign’ comes as one of the several investment incentives Dubai CommerCity provides to its new customers, as we offer solutions that can reach 50 percent discount on establishing companies."
"Dubai CommerCity is a real game-changer and offers first of its kind solutions, services and offerings to businesses of all sizes and backgrounds," he added.-TradeArabia News Service