ZonesCorp, an Abu Dhabi government initiative and one of the largest developer and operator of purpose-built economic zones in the UAE, is participating in Abu Dhabi Investment Week in India. The aim of the event is to present an array of investment opportunities available to Indian businesses looking to expand and showcase the success of Indian manufacturing and industrial business in the UAE capital. India and the UAE enjoy longstanding and close trading relationship, with bilateral trade between the two nations currently stands at over US$50bn and projected to reach US$100bn by 2020 according to the Confederation of Indian Industry and the UAE is currently the 10th largest Foreign Direct Investment (FDI) source market for India.
The event will begin in Delhi on Feb 6th at the Hyatt Regency and will subsequently continue in the following locations - Gurgaon(Feb 7th – Hotel Crown Plaza), Chandigarh (Feb 7th – Hyatt Regency) and Mumbai (Feb 9th – Taj Mahal).
Furthermore, ZonesCorp hosts more than 80 Indian companies on its extensive acreage in a range of sectors including: light manufacturing, steel, pharmaceuticals, construction materials, engineering and aluminium.
During the week, ZonesCorp, alongside some of its partner companies, will be taking part in a number of forum discussions, workshops and one to one meetings to highlight its unique operating model and the geo-strategic advantages of Abu Dhabi. ZonesCorp will also be taking part in workshops in Gurgaon and Chandigarh (in addition to Delhi and Mumbai).
Commenting on the event, HE Saeed Eisa Al Khyeli, Director General of ZonesCorp, said: “Our aim is to present new business opportunities and markets for Indian investors who want expand their businesses and enter the Middle Eastern and North African markets as well as providing a gateway to the markets of the EU. We have a unique cluster based operating model that provides a tried and tested platform for growth for Indian companies.”
ZonesCorp provides an attractive operating environment for Indian investors which includes world class industrial infrastructure and transport links, an attractive tax-free environment combined with low operating costs and convenient housing for workers and a fully equipped ‘one-stop Investor Services Center and Foreign Labour Services Division that supports the end-to-end requirements of our investors during project conceptualization, set up, construction, and operation.
ZonesCorp also intends to showcase its new 'Rahayel City' Project. Spread over an area of 12.3km², Rahayel is a state of the art, fully integrated ‘Auto Hub’ designed to accommodate the full range of auto-related businesses and supporting services underpinned by world class infrastructure.