This step marks Abu Dhabi Airports’ commitment to move ahead in its projects and establish an “Aerotropolis” around Abu Dhabi International Airport. Tony Douglas, CEO, Abu Dhabi Airports, and Mohammed Al Bulooki, Chief Commercial Officer were on-hand for the official groundbreaking ceremony. Construction on the building located opposite Terminal 3 will be completed in Q1 2015.
The newly launched Abu Dhabi Airport Business City is currently operating 3 main facilities and services: the Logistics Park, the business Center and the Business Park, of which this new flagship building is the key component. Each one of these concepts plays a direct role in developing the future “Aerotropolis” at Abu Dhabi International Airport, whereby businesses can set up smoothly, within a functional and entertaining environment that will include residential, recreational, retail, and life style districts. Businesses will be able to start up with limited requirements and operate immediately through the serviced facilities available. Such facilities include fully serviced offices, high quality warehouses and fully fledged customer service center.
Tony Douglas, Abu Dhabi Airports’ CEO, commented: “Abu Dhabi Airports’ goal is to support the drive in making Abu Dhabi an international hub for logistics, through capitalizing on its economic strength and strategic location, combined with offering a unique product that is efficient, convenient and cost competitive. Abu Dhabi Airport Business City’s flagship Building will enable global businesses interested in capturing the potential of the Abu Dhabi marketplace to establish themselves at the gateway to the Capital, creating access to new partnerships, and unparalleled global connectivity.”
Abu Dhabi Airports Business City has already received letters of intent from international businesses to populate 23% of the new flagship building within the Business Park, which is yet to be built.
So far, 57 business licenses have been issued by Abu Dhabi Airports’ Business City, and all tenants of the Business Park, Business Centre, and Logistics Park will be provided with a full spectrum of integration services including company registration, licensing, leasing and rapid visa processing for employees in a “One-Stop-Shop” environment. They also will be able to enjoy duty and tax exemptions, foreign ownership, and repatriation of capital and profits.
Abu Dhabi Airport Business City’s Logistics Park, which spreads over a total area of 114,000 SQM, is more than 85% occupied offering value added services specific to logistics, storage, freight and light industrial sectors.