Dubai CommerCity Free Zone is Coming.
Synergy News • Nov 16, 2017
Are you looking to start or expand your e-commerce business to the UAE? Well look no further we have exciting news for entrepreneurs. Dubai’s first dedicated e-commerce free zone is named CommerCity.
Dubai CommerCity is a Dh2.7-billion, 2.1-million square feet joint venture between Dafza and wasl Asset Management Group and is located at Umm Ramool area.
CommerCity free zone will accelerate the growth of the e-commerce market, which is expected to reach $20 billion (Dh73.4 billion) in 2020 in the GCC countries. Dubai CommerCity will provide an environment that inspires creativity and appeals more direct foreign investments.
This new free zone is expected to drive steadily growing private investment activities supporting the region’s start-ups. Over the next five years, the e-commerce sector is projected to account for 10% of Dubai’s retail sales, which are in turn expected to reach Dh200 billion by the end of 2017.
Dubai CommerCity free zone is ideal for all types of businesses offering e-commerce, IT and internet-based services.
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