Dubai South Rapidly Becoming Key Hub for Investment

Dubai— Dubai South is rapidly becoming a key hub for business and investment.

Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates airline and Group said “Dubai South is integral to maintaining the emirate’s position among the top five key international centres for trade and transportation, as a global business hub, and as a new global destination for investment. It also serves to boost Dubai’s status as a capital of the aviation industry and home of happiness on the way towards implementing the Dubai Plan 2021,”

The Dubai Aviation City Corporation is currently the leading organization of South Dubai, which consists of eight integrated districts — the Logistics District, Aviation District, Golf District, Residential District, Commercial District, Al Maktoum International Airport, Exhibition District, which is home to the Expo 2020 Dubai, and the Humanitarian District — wherein over 500,000 job opportunities would be provided for citizens.

“Dubai Government’s total investment, in developing Dubai South, is Dh10 billion to date, plus another Dh10 billion in foreign direct investments. These investments are designed to offer integrated infrastructure that advances the aviation, transportation and logistics industries in the emirates,” Shaikh Ahmad said.

Amongst the seven Emirates, Dubai has the leading economy in the commerce industry, and these industries have played a major role in the country’s success. The aviation industry would account up for 32% of Dubai’s Gross Domestic Product (GDP) by 2020

“We are keen on turning Dubai South into an economic and social hub and a perfect place to live, work and invest. We are looking to build a smart and integrated city that defines Dubai’s future and reinforces its leading position globally,” Shaikh Ahmad added.

“We are confident that Dubai South will leverage the emirate’s competitive advantages and will have a significant role in enhancing Dubai’s position as a global logistical hub. Dubai South embodies the future of Dubai,” he said.

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