Dubai CommerCity Begins Operations Unfolding New Era For Global E-commerce
Faizan Hashmi Published August 03, 2021 | 06:00 PM
DUBAI, (UrduPoint / Pakistan Point News / WAM - 03rd Aug, 2021) Dubai CommerCity, the first dedicated e-commerce free zone in the middle East, Africa and South Asia (MEASA) region has begun commercial operations signalling an exciting new chapter for global e-commerce and trade.
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.
Dubai CommerCity has succeeded in leasing 30 percent of its facilities within only two months in the first part of the development phase of the free zone, which extends over 2.1 million square feet at an investment of AED3.2 billion. Dubai CommerCity has 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". The campaign, which runs until mid-September, offers Dubai CommerCity’s customers a chance to save up to 50 percent on setting up their businesses within the free zone.
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 US$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 is situated in the Umm Ramool area near the Dubai International Airport. In addition to a complete business set-up and customs support, it provides e-commerce strategy consulting, guidance on e-commerce regulations in the region and end-to-end logistics solutions inclusive of warehousing and last-mile delivery.
Commenting on the launch, DeVere Forster, Chief Operating Officer, Dubai CommerCity 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."
The second edition of "MEASA E-Commerce Landscape: B2C Products Edition", a report that provides a comprehensive overview of the e-commerce sector in the MEASA region, shows that e-commerce has experienced a significant leap during the COVID-19 pandemic with the Gulf region witnessing a 214 percent year-on-year increase in cross-border online sales by mid-year 2020.
The industry’s progress is expected to continue with the value of the e-commerce market growing to US$148.5 billion in MEASA by 2022.
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.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago