Dubai Multi Commodities Centre (DMCC) welcomed a record-breaking of 2,016 new member companies in 2016, with an increase of 14 per cent on the previous year and with an average annual growth rate of 33 per cent over the last decade.
The figures mark an outstanding year for DMCC’s commodities, property and Free Zone portfolio, bringing a new recognition to be the world’s leading Free Zone for a second consecutive year by the Financial Times’ fDi magazine.
The success of DMCC is a combination of multiple factors: Dubai’s strategic location at the natural crossroads of the world’s major markets, free zone quality of infrastructures, professional support and innovative trade initiatives.
Among the new initiatives, DMCC announced plans to develop a coffe centre which will offer storage and warehousing facilities, offices and co-location space within a 4,500 square meter facility. The centre will operate alongside with DMCC Tea Centre, that already processes teas from 13 different countries, and that will launch its own tea brand, Shai Dubai, a high quality tea made in Dubai.
DMCC is also marking important steps in terms of property development. In 2015, it delivered unique grade A commercial spaces with One JLT, a LEED Gold Standard commercial building, which provides energy-efficient commercial space over 14 floors.
One of the biggest ongoing projects is the Burj2020 District, that will offer world-class commercial, residential and retail spaces, bringing a new premium mixed-use district to Dubai for the global business community.
DMCC is also focusing on offering smart services within its free zone with the aim to create a long-term Smart District that will provide benefits to its community, encouraging more companies and people to choose DMCC to setup business in Dubai or as a place to move in for residential purposes.
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Mara Di Marco
General Manager, UAEstablishment