The Dubai World Central’s (DWC) Business Park is planning to more than double its capacity by the end of 2013 which will take the total lease able area of up to 50,000 sq metres of leased area, according to a senior DWC official.
The Dubai World Central, showcasing its Business Park facilities at the 13th Airport Show, has been attracting medium to big size companies looking for more space at the strategically-located free trade zone in Jebel Ali.
Paolo Serra, Director of DWC Business Park, said that discussions are underway with a number of multi-national companies as well as Emirati companies looking for more space with DWC Business Park as a preferred destination for operating businesses.
He said that the businesses operating in the Business Park can leverage the state-of-the-art infrastructure of DWC, the easy accessibility to Al Maktoum International airport, which is due to open its passenger operations in October, and the proximity to main highways such as Sheikh Zayed Road, Sheikh Mohammed Bin Zayed Road and Emirates Road.
Companies can also benefit from key factors such as the free zone environment, 100 per cent foreign ownership, exemption from all types of taxes, variety of licensed activities and flexible commercial lease terms.
“We are the only provider who can offer up to 15000 square metre leasable spaces on a single floor plan, as required by many big companies,” he said.
From aviation and logistics to support services or general business establishments, the Business Park offers first-rate commercial buildings and offices that are centrally situated within Dubai World Central in what will become Dubai’s leading center of commerce, logistics and aviation industry cluster and home to the world’s biggest international airport by 2020.
“We are working to create a community of various businesses, but aviation and logistics are going to play an important role. A number of major players like DHL, Aramex and RSA Logistics have already made DWC as their hub and we are expecting many more multinationals to follow suit,” he added.
He expressed confidence that if Dubai hosts the Expo 2020, it will give a major boost to the Business Park. “We are looking much beyond Expo 2020. We are expecting a number of aviation companies participating in the show to set up their base in the Business Park,” he concluded.