Dubai Airport Freezone further strengthen relations with Korean companies

PRLog (Press Release) - Jul. 30, 2012 - Dubai, UAE: Dubai Airport Freezone in collaboration with Korean-Trade-Investment-Promotion Agency (KOTRA), organized a networking and promotional event to further strengthen relations with Korean investors to the Dubai free zone [http://www.dafz.ae/index.html].

The event comprised of high-level officials from Dubai Airport Freezone, KOTRA, and prominent investors within the Korean trade community.

During the event, the Korean investors expressed keen interest in expanding their presence in the Middle East region.

Speaking at the event, Mr. Nasser Al Madani, Assistant Director General Dubai Airport Free Zone, said: “I would like to take this opportunity to acknowledge the remarkable cooperation we have seen from Korean investors that has significantly contributed towards our economies.”

Amidst the strong trade relations between the UAE and Korea, we would like to take this occasion to encourage our Korean friends to take advantage of our strategic location and first-class infrastructure, and to establish the framework for further growth and development of our economic ties.”

The networking event was focused on providing information on the highly advanced and modern facilities on offer for a Dubai free zone company  [http://www.dafz.ae/index.html], highlighting the way in which Korean companies can have unrivalled access to the facilities and services that can help them meet their strategic investment goals. The Freezone is exceptionally equipped to understand the specific needs of international companies, and therefore offer customized services to help them set up and operate smoothly and profitably.

The UAE is the largest commercial partner for Korea in the Middle East with a trade volume amounting to approximately $23 billion (AED 83 billion), while Korea is one of UAE’s largest investor in commodities and services in IT, automotive, contracting, and energy.

Dubai Airport Freezone was recently ranked the best free zone in the Middle East for the second consecutive year. The drive to attract global trade partnerships has seen the premier Freezone collaborate with key Korean and UAE organizations like the Middle East Business Association (MEBA), Korean Trade Investment Promotion Agency (KOTRA), among others.