DUBAI, UAE, November 5, 2014 /PRNewswire/ --
Japanese companies comprise 39 per cent of Far East businesses at DAFZA
Dubai Airport Freezone Authority (DAFZA) successfully held a series of seminars in Tokyo and Osaka highlighting Dubai's key position as a gateway to the Middle East and the Freezone's potentials for Japanese enterprises. The seminars, which took place at the Grand Hyatt Tokyo and at the ANA Crowne Plaza, Osaka, were supported by leading Japanese chambers of commerce, Tokyo and Osaka Chambers.
The visit was organized in cooperation with the Japan External Trade Organization (JETRO), the Japan Cooperation Centre for the Middle East (JCCME). The seminars were aimed at showing business opportunities that Japanese businesses can avail in the Middle East region, particularly in Dubai, which is recognized as a stable business hub for other regions. The visit also looked towards positioning DAFZA as a perfect business platform for Japanese companies wishing to mark their presence in the Middle East.
Toyota Motor Corp, the automotive subsidiary of Toyota Group, one of the largest conglomerates in the world, shared successful experiences with DAFZA during the seminars. Leading Japanese companies like Sumitomo, Toshiba and Kawasaki, currently account for 39 per cent of all Far East businesses at DAFZA.
Diplomatic and business luminaries present during the seminars included Taku Miyazaki, Deputy Director, JETRO; Jamal Bin Marghoob, Director of Marketing and Corporate Communications Department, DAFZA; Mr. Makoto Kitamura, Senior Project Manager, M.E. & Southwest Asia Division Toyota Motor Corporation; and Nobuyuki Negishi, Project General Manager, Toyofuji Shipping Co. Ltd. and Former General Manager of Toyota Motor Corporation - MENA Rep. Office.
Jamal Bin Marghoob, Director of Marketing and Corporate Communications Department at DAFZA said: "Japan is a vital commercial ally for UAE and the world because of its diversified and superior manufacturing capabilities and increasingly open trade framework. These seminars help in opening partnership opportunities and cooperation in trade and investment between the two countries. Japanese firms have been instrumental to the rapid growth and expansion of DAFZA and these visits will help consolidate our strategic partnerships with the Japanese business community. Our world-class infrastructures, services and manpower perfectly complement the Japanese firms' high demand for business excellence."
Since 1996, DAFZA has welcomed over 1,600 companies representing internationally recognized brands such as Airbus, Audi, Panasonic, and Chanel, among others. It offers investors and companies investment incentives such as 100 per cent foreign company ownership, zero corporate and personal tax, hassle-free business set up, comprehensive facilities and modern infrastructure.
SOURCE Dubai Airport Freezone Authority (DAFZA)