Dubai is considered to be a powerhouse of business in the Middle East and for good reasons. It is a developed and sophisticated metropolis smack in the middle of major business hubs in Europe, Asia, and Africa. Dubai also has a business-friendly approach that attracts new investors and business owners, and the International Free Zone Authority is one such example.
How Dubai Plans to Become the Best City in the World?
Dubai has evolved over the past three decades and now offers the best in amenities, technology, infrastructure, and living standards for business owners and expats, making it an attractive option for anyone who wishes to do business in the Middle East.
Sheikh Mohammad bin Rashid Al Maktoum, the VP and PM of the UAE and the Ruler of Dubai, recently approved the second phase of Dubai's 2040 Urban Master Plan. This is a crucial phase in transforming Dubai into one of the best cities in the world in every aspect. Phase II involves key projects such as the 20-Minute City Policy, The Pedestrian Network Master Plan, and the Dubai Real Estate Strategy and Enhancing Urban Centers. All of these initiatives are being carried out to help the city reach its goal of becoming the best city in the world by 2040.
So far, the Ruler of Dubai has reviewed 17 other projects that were part of the initial phase, which are all fully or nearly completed. According to the Sheikh, Dubai is looking to become eco-friendly, pedestrian-friendly, and business-friendly so that it can attract people and investors from all over the world.
Apart from transforming Dubai into a high-yield agricultural land while preserving its heritage, Dubai is also encouraging new startups and businesses to open their companies and branches in Dubai. For that, the Dubai government offers a tremendous amount of support along with Dubai Free Zones, the very latest in infrastructure and IT, and business opportunities, which means that business owners can get to send all of their earnings to their home countries.
The Dubai 2040 Urban Master Plan is a lofty vision, but considering the incredible accomplishments and achievements of the UAE and Dubai so far, it is easy to see Dubai as the best city to live in and do business in the future. You can always contact Capatt Services to find out more interesting information and to get to know more about their services.
