Dubai Multi Commodity Centre: A Promising Spot
The Dubai Multi Commodity Centre (DMCC) was established with one common goal in mind. That is, to come up with a so-called commodity market in Dubai itself, by means of furnishing the buying public with industry-specific infrastructure, products, and facilities, such as those needed and used in making gold and other precious metals, colored stones, diamonds, as well as energy.
This is of course through the collaborated efforts of the Dubai government, in its continuing attempt to warm the hearts of international clients as well as tourists. There is no question about Dubai’s being jack-of-all-trades, right? After all, you name it, and Dubai surely has it!
Coincidentally, the world-renowned independent credit ratings provider, Standard and Poor’s has given the Dubai Multi Commodity Centre an “A.” This must be for the sole reason that DMCC is one free zone authority which furnishes abundant financial incentives to its investors. Among of which include 100% business ownership, 50-year freehold property options, and a sure-fire 50-year tax holiday option.
Likewise, DMCC works with a set of solid objectives. Such of course is to improve, develop, and add both the value and volume of the commodities being traded within the premises of Dubai. Apart from this, the Dubai Multi Commodity Centre is geared towards the constant innovation of new goods and services—a trademark which it has managed to let its name go by.
Dubai Multi Commodity Centre | Enhance The Commodity Trade Flows Throughout The Emirates
Again, as everyone must have heard of, the Dubai Multi Commodities Centre is one of the projects of the Government of Dubai, which is geared towards the enhancement of the commodity trade flows throughout the Emirates, by means of furnishing the much-needed and well-tailored market, physical, as well as financial infrastructure and services of the people and the industry in general.
It is through its goal of attracting a wide range of clients from the various commodities sector that modern infrastructure, solid corporate framework, state-of-the-art and cost-effective products, freehold property, and a whole new range of value-added services are carefully and meticulously provided for.
Among the key aspects that the Dubai Multi Commodity Centre can boast of include its reputation of being the vastest mixed-use free zone projects in the entire Dubai, a premier developer as well as licensing authority for the world-renowned Jumeirah Lakes Towers Free Zone, guaranteed 50-year tax holiday on both corporate and personal taxes, 100% business ownership, 100% capital repatriation, a secure and regulated environment for commercial and residential properties, and it being a convenient location where interested investors both local and abroad can build their enterprise, or hold corporate events.
Aside from that, the Dubai Multi Commodity Centre also offers a vast range of sectors, including those that have something to do with marketing precious commodities like pearls, stones, diamonds, and gold, the reduction of greenhouse gas emission, base metals, steel, and soft agricultural commodities like that of the cotton, tea, and several others.
Dubai Multi Commodity Centre’s Role On The JLT Free Zone Project
To better understand the role of Dubai Multi Commodity Centre in the ambitious project called Jumeirah Lakes Towers (JLT), it seems appropriate to give a little background about the latter. The JLT is, on one hand, sprawled on a 200-hectare piece of land, which functions as a mixed-use waterfront master development facility which serves both the business and local communities, as it offers sales and leases of residential, commercial, and retail properties. It is nestled in the midst of New Dubai and is accessible through two metro stations.
The JLT free zone is found on Sheikh Zayed Road, which connects Dubai and Abu Dhabi, within close proximities to Jebel Ali Free Zone and its ports, Dubai Logistics Corridor, and Al Maktoum International Airport. Furthermore, what makes the JLC an ideal location for any business is the fact that it doesn’t only offer a line of unique services, but also ensures dependable customer support response.
With Dubai as one of the must-seen and must-be places in this time and age, clearly, there is no doubt about the progress it is making and will continue to make. Its economic growth is obviously at its peak. Its popularity is just uncontrollable. No wonder, a lot of people are not only interested to see its tourist spots or experience its culture, but more than ever experience first-hand what it has in store for the entrepreneurs.
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