Dubai World Central is the development currently under construction in Dubai, United Arab Emirates. It will be an economic zone to support a number of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses around Al Maktoum International Airport with the planned annual capacity of 12 million tones of cargo and 160 million passengers. The Dubai World Central combined with the Al Maktoum International Airport is expected to draw additional tourism to the Middle East, designed to handle 20 million visitors a year by 2020. The development has been designed on the basis of three key factors: Dubai's geographic location, increasing importance of airports in the Middle East region, and the region's booming aviation sector.
Advantages of the Dubai World Central
Dubai is a vital connection point between East and West, facilitating the flow of goods, services and ideas, Dubai’s foreign trade crossed USD 190 Million in 2011. It stands as a gateway to the emerging MENA markets. Dubai World Central contributes Dubai as a leader in logistics and trade hub. It takes advantage of Jebel Ali Port and Al Maktoum International Airport which will faster the flow of sea to air, air to sea cargo. With direct access to the major trans-emirate road net works, DWC is a true multimodal logistics platform providing exceptional levels of connectivity, speed and efficiency.
The emergence of the Airport City
The business in today’s world demands increasingly faster speeds of delivery, and greater levels of connectivity. This is driving up demand for air transportation to the point that 35% of world trade by value (2010) now depends on it. Today an airport is an economic catalyst and has expanded beyond traditional boundaries to encompass larger urban development centered around it. Now DWC stands as a framework of Dubai’s economic growth. An area of 140 square KMs has been designated to create a self- sustained economic zone to support a multitude of activities including logistics, aviation, commercial, residential etc. It’s been planned to handle 12 million tones of cargo and 160 million passengers.
Dubai World Central is becoming as a business hub of Dubai. It has got all the facilities like sea port, airport and road transport as well. Previously it was a rural area but the recent developments shows the region will become as an economic super power in Dubai.
Feb 29,2024UAE Corporate Tax Registration
