UAE – September 7, 2016 – The Dubai Airport Freezone Authority (DAFZA) aims to further expand its partnerships with German enterprises and investors during its participation in Automechanika Frankfurt, the world’s leading international trade fair for the automotive service industry that will run from September 13 to 17, 2016. The freezone will focus on fostering closer trade cooperation, generating business leads, and sharing prime opportunities to German businesses, particularly those related to or supportive of the automotive field.
DAFZA will leverage the show’s global success as a platform for business and technological knowledge transfer to highlight its importance as an ideal commercial gateway to key regional and international markets—offering attractive business and investment incentives, world class facilities and a strategic geographical location. DAFZA is also expected to showcase the Middle East region’s high demand for renowned precision, quality and exceptional performance of German products and services.
The UAE is Germany’s largest trade partner in the GCC region. To complement ongoing efforts aimed towards reinforcing bilateral ties between the two economies, DAFZA will emphasize on how it can help Germany companies take advantage of the UAE’s ongoing economic diversification and transformation to a knowledge-based economy. It will focus on how German enterprises and investors can highly benefit from Dubai Plan 2021’s goal of positioning the emirate as a global centre and destination for various industries and sectors.
DAFZA currently hosts a huge number of automotive companies involved in automobile industry. Among the prominent German automobile brands are: Bentley, Volkswagon, Audi, Toyota, Tata motors, etc which are among the top 500 fortune list. DAFZA has been organizing a series of seminars in Germany to explore major business prospects and share how the freezone can assist German companies and investors in establishing a productive presence in the Dubai, the region’s commercial hub, from where they can pursue more growth opportunities in other nearby Arab, Asian and European markets.