Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai is all set to host the 10th edition of the annual World Free Zones Organization (World FZO) World Congress. The event will be held at Madinat Jumeirah starting from 23-25 September, under the theme ‘Zones and the Shifting Global Economic Structures – Unlocking New Investment Avenues’. The congress will address key topics and priorities within the sector on a global scale.
This year marks the 10th anniversary of the World Free Zones Organization and will be hosted by Dubai for the second consecutive year and the fifth time overall since its inception. For the unversed, the previous edition was among the largest in World FZO’s history, contributing significantly to its ongoing success.
The 10th edition will attract representatives from economic zones across the globe, reflecting the World FAZO’s commitment to advancing the important role in global trade played by economic zones, through which more than a third of global trade flows. The event will focus on the impact of these zones in supporting national economies, facilitating trade exchanges, empowering commercial transactions, and driving the digital economy.
His Excellency Dr. Mohammed Al Zarooni, Chairman of the World Free Zones Organization, said: “Hosting the 10th World FZO World Congress reflects Dubai’s commitment to actively contributing to the development of the global system of economic zones, which serve as the backbone of international trade in our current era. This aligns with the Emirate’s drive to double its foreign trade to reach AED 25 trillion and its goal to establish trade corridors with 400 new cities worldwide by 2033, in accordance with the Dubai Economic Agenda D33 and its ambitious targets.
“We look forward to organising another successful edition in Dubai that aligns with the UAE’s efforts to elevate its position as a global economic hub within major economic groups, in line with the UAE Centennial 2071. This event’s growing strategic and vital importance supports efforts to achieve sustainable economic development, build and consolidate trade relations, and establish partnerships between economic zones in the World FZO’s member countries. Additionally, the congress aims to expand its focus to include modern economic sectors that embrace Artificial Intelligence, the Fourth Industrial Revolution, and advanced technology. This supports the establishment of national economies based on knowledge and innovation, ultimately contributing effectively to comprehensive growth and prosperity in the global economy,” he further stated.
Source: Mediaoffice
