Special Economic Zones (SEZs) in the UAE offer tax and visa incentives to attract foreign investments and boost non-oil sectors.
Key Features:
- Jebel Ali Free Zone established in 1985 remains the largest, now spanning 27 sq. km
- Dubai Silicon Oasis cultivates tech/research clusters with startup-friendly policies
- Abu Dhabi inaugurated Khalifa Industrial Zone in 2020 featuring industrial clusters
Example:
Several global pharmaceutical firms established regional hubs within Dubai Healthcare City SEZ.
Takeaways:
Strategically planned SEZs underpin the UAE’s stellar economic diversification. Liberal regulation and world-class infrastructure within dedicated zones continue attracting headquarters and shared service centers. Success bolsters regional leadership in logistics and trade connectivity.