eseoulpost
Green BizUAE
Masdar City Free Zone showcases growth at Global Manufacturing and Industrialisation Summit 2017
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2017.03.30  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   

ABU DHABI, 29th March, 2017 (WAM) -- Masdar City has announced that it is highlighting its success in attracting knowledge-based private enterprises, including multinational companies, SMEs and freelance business owners during its participation in the Global Manufacturing and Industrialisation Summit 2017, taking place until 30th March at the Paris-Sorbonne University in Abu Dhabi.
The free zone secured 147 new company registrations last year alone, and today it hosts more than 450 companies from six continents, including Siemens, Lockheed Martin, General Electric, and Schneider Electric.
According to Mohammed Al Fardan, Director of Masdar City Free Zone, the free zone’s impressive growth can be attributed to customer service innovation.
"We’re delivering a unique value proposition, combining Masdar City’s role as a clean-tech cluster with the benefits of a sophisticated free zone," he said. "Our target is to quadruple company occupancy by 2020, and to build on Masdar’s existing close partnerships with clean-tech leaders around the world," he added.
Masdar City’s free zone benefits include 100 percent foreign ownership, exemption from corporate and personal income taxes, zero percent import tariffs, and access to R&D partnerships through the Masdar Institute of Science and Technology.
"Masdar City is building the region’s first dedicated renewable energy and clean technology free zone," Al Fardan explained.
Masdar City introduced new license benefits for individuals wishing to register as businesses last October. The free zone now waives minimum share capital requirements, has lower registration charges, and offers direct access to tenant and client networking events at Masdar City. It also offers a "One-Stop Shop" service on site handling government paperwork such as registrations, Emirates ID applications and visa processing.
Today around 5,000 people work at Masdar City, a figure expected to exceed 15,000 within the next three years. By 2030, up to 50,000 people will live in Masdar City, with up to 40,000 working and studying there every day.

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
Georgia envoy hosts gala reception on Dec. 8 to fete 25th anniversary of diplomatic ties with Korea
2
Qatari Envoy hosts reception to fete National Day at Hotel Shilla in Seoul
3
UN and Forum for Promoting Peace in Muslim Societies to cooperate on religious education
4
Kazahkstan fetes National Day at gala reception at JW Marriott Hotel in Seoul
5
Mohamed bin Zayed receives Korean envoy
6
2 Miss Universe 2017 candidates extend PH tour
7
Yes, we can make Philippines safest for tourists
8
S. Korea's annual trade volume tops US$1 tln
9
World Future Energy Summit 2018 to map transition to a sustainable economy and lead ‘cleantech’ innovation
10
National Media Council reveals results of ‘Public Trust in UAE Media’ Study
Photo News Green Biz
Climate change threatens agricultural trade in Pacific Rim economies, UN agency warns
Climate change threatens agricultu...
min
Environment and Protected Areas Authority in Sharjah highlights importance of protecting endangered species
Environment and Protected Areas Au...
min
UAE is leading the world in renewable energy: Minister of Climate Change and Environment
UAE is leading the world in renewa...
min
UAE Council for Climate Change and Environment convenes third meeting
UAE Council for Climate Change and...
min
National Climate Change Plan builds on the existing policy for green growth, sustainable development in UAE, says Al Zeyoudi
National Climate Change Plan build...
min
Photo News Sports
Gangwon gears up to offer best cultural events during Olympics
Gangwon gears up to offer best cul...
min
U.N. adopts Olympic Truce for PyeongChang Winter Olympics
U.N. adopts Olympic Truce for Pyeo...
min
PyeongChang 2018 chief says S. Korea ready to welcome world
PyeongChang 2018 chief says S. Kor...
min
South Koreans sweep Masters titles in 19th Asian Youth Bowling tilt
South Koreans sweep Masters titles...
min
Host S. Korea eyes top-10 finish at 2018 PyeongChang Paralympics
Host S. Korea eyes top-10 finish a...
min
Korea bags 3rd gold in Asian Youth Bowling Tilt
Korea bags 3rd gold in Asian Youth...
min
Sharjah's Arab Women Sports Tournament holds preparatory meeting
Sharjah's Arab Women Sports Tourna...
min
S. Korean Ji Eun-hee captures 1st LPGA win in 8 years
S. Korean Ji Eun-hee captures 1st ...
min
Photo News World
Gangwon gears up to offer best cultural events during Olympics
Gangwon gears up to offer best cul...
min
U.N. adopts Olympic Truce for PyeongChang Winter Olympics
U.N. adopts Olympic Truce for Pyeo...
min
PyeongChang 2018 chief says S. Korea ready to welcome world
PyeongChang 2018 chief says S. Kor...
min
South Koreans sweep Masters titles in 19th Asian Youth Bowling tilt
South Koreans sweep Masters titles...
min
Host S. Korea eyes top-10 finish at 2018 PyeongChang Paralympics
Host S. Korea eyes top-10 finish a...
min
Korea bags 3rd gold in Asian Youth Bowling Tilt
Korea bags 3rd gold in Asian Youth...
min
Sharjah's Arab Women Sports Tournament holds preparatory meeting
Sharjah's Arab Women Sports Tourna...
min
S. Korean Ji Eun-hee captures 1st LPGA win in 8 years
S. Korean Ji Eun-hee captures 1st ...
min
Photo News Opinion
Hyundai workers to continue strikes next week
Hyundai workers to continue strike...
min
Lawmaker says Moon, Xi share understanding on 'freeze for freeze' idea to resolve N.K. nuclear issue
Lawmaker says Moon, Xi share under...
min
Court rejects injunction against dismissal of ex-MBC chief
Court rejects injunction against d...
min
13 dead, 2 missing in chartered fishing boat accident
13 dead, 2 missing in chartered fi...
min
President Moon commends JSA troops over defection of N. Korean soldier
President Moon commends JSA troops...
min
BOK hikes key rate by 0.25 pct point for first time in more than 6 yrs
BOK hikes key rate by 0.25 pct poi...
min
Ruling party chief says China's 'stick' needed to rein in N. Korea
Ruling party chief says China's 's...
min
Court rules against Paris Baguette over baker hiring
Court rules against Paris Baguette...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com