Statement H.E. Eng. Ali Abdulla Bin Towaih AlSuwaidi Director General of Ajman Free Zone on ‘Operation 300bn’

AFZ

Statement H.E. Eng. Ali Abdulla Bin Towaih AlSuwaidi Director General of Ajman Free Zone on ‘Operation 300bn’

The highly significant ‘Industrial Strategy’ (Operation 300bn) offers a clear roadmap for the development of the industrial sector, a vital pillar of the future economy. In line with our wise leadership’s directives to increase the industrial sector’s economic contributions, Operation 300bn aims to bring AED 300 billion to the UAE’s gross domestic product (GDP) by 2031. Such an important goal is expected to generate immense new business and investment opportunities across the industrial sector that will help accelerate the diversification of the national economy and bolster the country’s adoption of the 4th Industrial Revolution technologies.
The new strategy comes at a time when the UAE has been implementing national programs as part of its preparations for the next 50 years. The country’s preparations include the laying down of solid foundations for the industrial sector and other vital industries for them to become not only self-sufficient but also be a driving force behind the sustainable growth of the national economy. The ambitious Operation 300bn focuses on enhancing the industrial sector’s value-added contributions while improving and promoting the quality of the local industrial products at the regional and international levels.
We, at Ajman Free Zone, will tirelessly continue to increase the competitiveness and attractiveness of the local business environment. Part of our efforts is to offer wide packages of benefits and investment facilities designed to establish the UAE as a leading industrial center in the Middle East and North Africa region and as an attractive destination for major developers, innovators, creative minds and promising talents.
We reaffirm our commitment to providing the necessary support to attract major enterprises and industrial companies to Ajman and the UAE. This commitment to create an investment-friendly environment is evident in our relentless initiatives to build world-class infrastructures, develop solutions and incentives for various industries, build an ideal and integrated work environment and provide investors with cost-efficient services. Through all these efforts, we are highlighting our pivotal role as the country’s main partner in developing the industrial sector and bringing it to new levels of excellence and growth. This is in line with the government’s endeavors to position the UAE as one of the most advanced, developed and prosperous nations in the world by 2071.

Register Your Interest