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Fujairah Free Zone (FFZ) is a special economic zone in Fujairah, which is one of the seven emirates that comprise the United Arab Emirates. Fujairah Free Zone is located just north of the emirate's capital, Fujairah City . [ 1 ]
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain.Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones.
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
4.17.4 Fujairah. 4.17.5 Umm Al Quwain. 4.17.6 Ras Al Khaimah. 4.18 Yemen. ... Tanger Free Zone [1] Atlantic Free Zone Kenitra; Free Zones at Tanger Med Ksar el Majaz ...
The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai. This freezone was founded in Fujairah Emirate and has moved to Dubai Silicon Oasis (DSO), Dubai. [ 6 ]
Local industries consist of cement, stone crushing, and mining. A resurgence in the construction activity helped the local industry. There is a flourishing free trade zone, [21] mimicking the success of the Dubai Free Zone Authority [22] which was established around Jebel Ali Port. Cement Factory in Dibba National Bank of Fujairah
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
The Fujairah Free Zone is a special economic zone located to the north of the city, which is subject to different economic regulations. [15] Creative City is a media free zone on the Sheikh Khalifa Highway to the west.
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