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NEWS FEATURE<br />
Mohammed bin Rashid Aerospace Hub<br />
and EZDubai open for business<br />
Dubai South's Aviation District has<br />
formally been renamed in January as<br />
t h e M o h a m m e d b i n R a s h i d<br />
Aerospace Hub in honor of His<br />
Highness Sheikh Mohammed bin<br />
Rashid Al Maktoum, Vice President<br />
and Prime Minister of the UAE and<br />
Ruler of Dubai, who is widely credited<br />
for transforming Dubai into a global<br />
business and financial center.<br />
“With the aviation industry as one<br />
of the key growth industries, it is only<br />
fitting to name this incredibly<br />
important hub in his honor. The<br />
Mohammed Bin Rashid Aerospace<br />
Hub remains committed to elevating<br />
Dubai as the region's aerospace<br />
capital by ensuring that we advance<br />
through excellence and deliver value<br />
that will benefit millions,” said Khalifa<br />
Al Zaffin, Executive Chairman of<br />
Dubai Aviation City Corporation<br />
(DACC) & Dubai South.<br />
At the renaming ceremony, EZ<br />
Dubai was simultaneously launched<br />
as the new e-commerce zone within<br />
Dubai South's Logistics District.<br />
Experts estimate e-commerce in<br />
the GCC region to grow to US$24<br />
billion by 2022 and EZDubai's six<br />
dedicated areas—Last Mile Centers,<br />
E-Fulfillment Centers, Repair & Return<br />
Centers, Supply Centers, Business<br />
Blocks (shared buildings), and<br />
Business Blocks for Regional<br />
Headquarters—are tailored for the<br />
industry's growth.<br />
The Mohammad bin Rashid<br />
Aerospace Hub, with AED 17<br />
billion total government and<br />
private sector investments, is<br />
designed to create an effective<br />
value chain for the aerospace<br />
sector & increase the GDP<br />
contribution of advanced<br />
industries to the emirate's<br />
economic growth. Spread over<br />
6.7-sqm of land, the hub<br />
comprises of the commercial<br />
strip, maintenance and<br />
technical support, business<br />
aviation, education and R&D.<br />
The Aerospace Hub is home to a<br />
five-star VIP Terminal facility which<br />
hosts some of the world's leading<br />
Fixed Base Operators for private jets,<br />
including Falcon Aviation, JETEX, and<br />
Jet Aviation, providing major business<br />
entities bespoke aviation services and<br />
seamless connectivity, and proximity<br />
advantages to the world's largest<br />
airport in the making, the Al Maktoum<br />
International Airport.<br />
It also serves as the E2 Event and<br />
Exhibition Centre, a dedicated<br />
exhibition zone and permanent home<br />
of the Dubai Airshow and the<br />
Emirates Flight Academy.<br />
Dubai South is envisioned to<br />
become a smart and sustainable city,<br />
preferred as the place to live, work<br />
and invest for at least one million<br />
people. As an economic platform, it is<br />
home to leading world events such as<br />
Expo 2020 and the Dubai Airshow,<br />
expected to provide at least 500,000<br />
jobs and become an important hub<br />
for global trade and commerce.
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