Dubai GDP to gain AED250 billion from free zones by 2030
Dubai Free Zones Council (DFZ Council) held its 20th meeting, headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DFZ Council. Sheikh Ahmed said Dubai’s free zones are on track to boost their contribution to Dubai’s GDP to AED250 billion by 2030, as they continue to upgrade their services in response to the demands of new economic opportunities.
Facilitating investor journeys is critical for strengthening Dubai’s and the UAE’s position as a preferred investment destination. In addition, he highlighted the pioneering role of Dubai’s free zones, across a variety of industries and specialties, in enhancing a diversified integrated economy and putting in place the pillars of a flexible economy that achieves sustainability, accelerates growth and makes challenges into opportunities.
Sheikh Ahmed praised the Invest in Dubai platform as an entry point into Dubai’s free zones and a gateway into the local market, a platform launched under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. This platform facilitates business establishment and accelerates startups, strengthening Dubai’s status as an economic and investment hub.