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Dubai South
Dubai World Central is a city that was under construction in Dubai, United Arab Emirates in 2006, planned to be an economic zone to support a number of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses around Al Maktoum International Airport with the planned annual capacity of 12 million tonnes of cargo and 160 million passengers. The construction area is two times the size of Hong Kong Island. The development was planned to comprise the following sub-development projects: *Dubai World Central Residential City *Dubai World Central Logistics City *Dubai World Central Enterprise Park *Dubai World Central Commercial City *Dubai World Central Aviation City *Dubai World Central - Al Maktoum International Airport Al Maktoum International Airport , also known as Dubai World Central, is an international airport in Jebel Ali, southwest of Dubai, United Arab Emirates that opened on 27 June 2010. It is the m ...
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Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Al Maktoum International Airport
Al Maktoum International Airport , also known as Dubai World Central, is an international airport in Jebel Ali, southwest of Dubai, United Arab Emirates that opened on 27 June 2010. It is the main part of Dubai South, a planned residential, commercial and logistics complex. When fully completed (originally expected 2027), the airport will contain transport modes, logistics, and value-added services, including manufacturing and assembly, in a single free economic zone. It will cover an area of . The airport has a projected annual capacity of of freight and between 160 million and 260 million passengers. , only a handful of airlines operated passenger services out of Al Maktoum International Airport with a focus on freight activity. A completion of the project is yet to be confirmed. History Construction The runway was completed in 600 days and subsequently underwent tests over the following six to eight months in order to fulfil its CAT III-C requirements. Con ...
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Hong Kong Island
Hong Kong Island is an Islands and peninsulas of Hong Kong, island in the southern part of Hong Kong. Known colloquially and on road signs simply as Hong Kong, the island has a population of 1,289,500 and its population density is 16,390/km2, . The island had a population of about 3,000 inhabitants scattered in a dozen fishing villages when it was occupied by the United Kingdom of Great Britain and Ireland, United Kingdom in the First Opium War (1839–1842). In 1842, the island was formally ceded in perpetuity to the UK under the Treaty of Nanking and the Victoria, Hong Kong, City of Victoria was then established on the island by the British Force in honour of Queen Victoria. The Central, Hong Kong, Central area on the island is the historical, political and economic centre of Hong Kong. The northern coast of the island forms the southern shore of the Victoria Harbour, which is largely responsible for the development of Hong Kong due to its deep waters favoured by large tra ...
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Dubai World Central - Al Maktoum International Airport
Al Maktoum International Airport , also known as Dubai World Central, is an international airport in Jebel Ali, southwest of Dubai, United Arab Emirates that opened on 27 June 2010. It is the main part of Dubai South, a planned residential, commercial and logistics complex. When fully completed (originally expected 2027), the airport will contain transport modes, logistics, and value-added services, including manufacturing and assembly, in a single free economic zone. It will cover an area of . The airport has a projected annual capacity of of freight and between 160 million and 260 million passengers. , only a handful of airlines operated passenger services out of Al Maktoum International Airport with a focus on freight activity. A completion of the project is yet to be confirmed. History Construction The runway was completed in 600 days and subsequently underwent tests over the following six to eight months in order to fulfil its CAT III-C requirements. Cons ...
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Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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