Title: Sector evaluation Food
1Dubai Industrial City
2Agenda
- Introduction to UAE
- Introduction to Dubai
- Overview of Dubai Industrial City
3United Arab Emirates
- Federation of 7 Emirates
- 83,600 km2 in size
- Population of 4.5 million (4.8 annual growth)
- GDP US 104.2 billion (23.5 increase)
- GDP per capita PPP US 27,700
- 5th largest gas reserves (214 trillion ft3)
- 6th largest oil reserves (97.8 billion barrels)
2006 Data Source World Bank, Gulf News, DFAT
4The UAE Economy
UAE GDP (2005)
Industrial Sector contribution to GDP is 11.4,
second largest after Oil Gas sector
5The most competitive regional economy.by a
large margin
WEF Growth Competitiveness Index
- Country Rank
- Switzerland 1
- Finland 2
- Sweden 3
- UAE 32
- Qatar 38
- Kuwait 44
- Bahrain 53
Source World Economic Forum (2005)
6The cleanest economy in MENA
Corruption Perception Index
- Country Rank
- Finland 1
- Iceland 1
- New Zealand 1
- UAE 31
- Qatar 32
- Bahrain 36
- Oman 39
- Jordan 40
Source Transparency International (2006)
7UAEThe business oasis of the region
Organized efforts to improve competitiveness
Openness of customs regime
Efficiency of legal frameworks
UAE
Qatar
UAE
Oman
Tunisia
Tunisia
Qatar
UAE
Jordan
Bahrain
Oman
Qatar
Saudi
Jordan
Morocco
Jordan
Morocco
Bahrain
Tunisia
Bahrain
Oman
Morocco
Egypt
Algeria
Lebanon
Algeria
Egypt
Yemen
Yemen
Yemen
Algeria
Saudi
Lebanon
1 weak 7 strong
Egypt
Lebanon
Saudi
UAE attracted 58 of all regional FDI projects
Source The Arab World Competitiveness Report,
2005
8Agenda
- Introduction to UAE
- Introduction to Dubai
- Overview of Dubai Industrial City
9Dubai A dynamic Emirate
10Strategically located at crossroads of East West
Location 6 hours to Europe 4 hours to north A
frica
3 hours to Indian sub-continent
Market Size Regional GDP US1.5 trillion Reg
ional Population 1.8 billion
Labour Access to diverse, cost-competitive and s
killed regional talent
11Tariff free access to MENA Markets through FTAs
In effect
6 countries Saudi Arabia, UAE, Kuwait, Qatar,
Bahrain, Oman Population 40 million GDP US4
20 billion
GCC
17 countries GCC, Egypt, Lebanon, Tunisia,
Iraq, Jordan, Morocco, Sudan, Syria,
Palestine, Yemen and Libya
Population 310 million GDP US1.4 trillion
GAFTA
Key Qualifying Criteria 40 local value added
Mfg outside Free Zones
Under Negotiation
US
UAE
Singapore
Australia
EU
China
GCC
India
12World Class Logistics Infrastructure
PORTS Home to the biggest man-made harbour big
gest Middle East port Provides 82 berths and 125
quayside cranes 3rd largest re-export hub Ra
nked amongst top 10 container ports worldwide
AIRPORTS Ranked No. 1 globally (ACI - 2004)
15 CAGR in passenger traffic last decade 19
projected till 2010 106 airlines connecting to 1
60 destinations
Airport Council International
Source Dubai Ports Authority and DDIA.
13A strong, well diversified economy.
Total GDP (2005) US27.6 billion
- Oils diminishing contribution 35 in 1990, 10
in 2000, and 1 by 2010
- Manufacturing has become the 2nd largest
economic sector
Services includes trade, construction,
transport, storage communication, real estate
business Services, restaurants and hotel, social
personal services and domestic services
Source Dubai Strategy 2015
14.with a vibrant manufacturing sector
Dubai has a balanced manufacturing base..
.that registered an impressive 13 CAGR over the
past 5 years
Value Added (Billion AED)
Source Ministry of Finance Industry 2006
15Agenda
- Introduction to UAE
- Introduction to Dubai
- Overview of Dubai Industrial City
16Dubai Industrial City raison detre
To develop manufacturing as a key engine of
economic growth To create a compelling environmen
t for manufacturing companies
17What, Where?
What? 560 million ft2 industrial township specifi
cally designed to cater to needs of manufacturing
companies. It will accommodate 500,000 people.
Where Between new Jebel Ali Airport and Abu Dhab
i Border 5 minutes to the Airport and 10 minutes
from Jebel Ali Port Nexus of all major truck ro
utes
186 focused manufacturing zones to
provideintra-industry synergies and
cross-cluster linkages
Machinery Mechanical Equipment
Transport Base Metals Chemicals Food Beverage
Mineral Products
19Strong growth exhibited in the 6 sectors
Source McKiney Co., MEED
20Its Core Offerings
21Its Core Offerings
22Its Core Offerings
23Regulatory Benefits
1. Tariff-free access to GCC MENA markets
Industrial City tenants adding 40 value
locally, will enjoy benefits of UAEs FTAs
preferential treatment is not extended to
companies in free zones 2. Duty exemption on im
ports Machinery, equipment and raw materials for
production will enjoy duty free entry. This will
require an industrial license, which can be
facilitated by our One Stop Shop.
3. Tax exemption free capital movement No
taxes on personal corporate income, and full
repatriation of capital as per Federal Law
24Summary
25Key Project Milestones
2008 2007 2006 2005 2004
Jun
Supply of utilities
Dec
1st phase of City completed
Jun
Factories begin construction
Nov
Master Plan finalised
Nov
Township conceptualized
Milestones
26Its about building a community
Offices, hotels, entertainment, residences,
schools hospitals will create a live, work
play lifestyle unique to Industrial City
27Thank You