For the past few months, the global economy is going through some rough tracks with anxiety lingering around. Companies holding their investment, firms waiting to sanction projects, and these global phenomenon are prevailing in the world financial hub also. Dubai too is in the heat of the business slowdown but those aiming for the far future profits are concentrating to get the firms established in the industry. The tourism field and hospitality are the major sectors making the best outcome in Dubai these days. They manage to reap the best possible gain with lower investment due to the current situation. Some of the industrial spots for investing at an affordable rate are discussed below.
Dubai Industrial Park
The area was previously called Dubai industrial city and was established in 2004. It holds the largest number of warehouses in the emirates. They are mostly concentrating on the base metal, transport equipment and parts, machinery and mechanical equipment, workshops, logistics, chemicals and mineral products. With integrated industrial sector, they provide an excellent cost-effective manufacturing in the area. Dubai industrial park is close to Jebel Ali Port and provides easy transportation to all important nearby landmarks.
Jebel Ali Free Zone
The growth in building and construction sector of Jebel Ali free zone has reached two digit percent increases in the last year. The driving force behind this growth is the gulf countries’ emphasis on tourism and infrastructure development. Dubai being selected as the venue for Expo 2020 too has made the works progress considerably. The whole area is leased from the government and it accounts for generating the largest number of jobs in the region. The merchants benefit a cent percent foreign ownership and repatriation of investment and business returns.
Dubai south is a newly formed free zone located near the Al Maktoum International Airport the proposed site for EXPO 2020. The center gives importance to logistics and is easily connected to Abu Dhabi. They promote the growth and development to a great extent and is set to facilitate global needs. Since the area is new, leasing is not much effective as most places are taken by the owners.
The land is fertile to grow your business and time is ripe for industries to get flourished. Research and make use of the best options available.