Gulfood 2022, the biggest food-related event in the Middle East, had an excellent run from 13th February to 17th February in Dubai. The annual event has showcased opportunities for business setup in the UAE for investors and entrepreneurs engaged in the food industry. The highlight of the event was the participation of the topmost free zones in the UAE, showcasing company formation opportunities in the food sector.
Free zones such as Jebel Ali Free Zone (JAFZA), Dubai Industrial City, Hamriyah Free Zone and Khalifa Industrial Zone Abu Dhabi (KIZAD) offer ample opportunities within their robust food clusters. The Gulfood 2022 is the best opportunity for investors to see and assess the opportunities offered by these free zones. Business setup consultants in Dubai can provide you with in-depth information on the free zones providing company formation opportunities for F&B investors. Let’s find out how these free zones are promoting investments in the UAE F&B sector:
The Food Valley in Jebel Ali Free Zone
When it comes to the process of business setup in Dubai, JAFZA remains to be the top choice of F&B investors. The free zone is showcasing its AED13.5bn Food Valley at Gulfood 2022, gaining the attention of F&B entrepreneurs from across the world. Food Valley, the F&B Cluster in JAFZA, plays a key role in the UAE’s ambition to become a global hub food business.
JAFZA’s F&B cluster generates an estimated 20 per cent of Dubai’s total F&B trade and contributes immensely to the UAE’s National Food Security Strategy 2051 targets. The Food Valley at JAFZA boasts of the latest trends in food manufacturing and distribution, boosting the local food production in the country. Consider hiring business setup consultants in Dubai to quickly obtain a JAFZA license.
F&B Cluster at Dubai Industrial City
Dubai Industrial City is one of the top free zones in Dubai ideal for setting up a food manufacturing business. The free zones is one of the largest industrial hubs in the region, managed by the Tecom Group and regulated by the Dubai Development Authority (DDA). Dubai Industrial City has been a key contributor to the UAE’s food security agenda and advanced food manufacturing.
In 2021, the free zone’s F&B cluster has reported significant growth as a slew of innovation-driven food manufacturers set up new businesses in Dubai Industrial City. The free zone is home to more than 780 companies forming a community of start-ups, SMEs and international corporations. Setting up a business in Dubai Industrial City offers benefits such as warehouses, open yards, commercial office spaces, wide tracts of land plots, showrooms for product exposure, excellent connectivity through land, sea and air.
Sharjah Food Park by Hamriyah Free Zone
Hamriyah free zone is making a splash at the Gulffod 2022 by promoting its latest offering for F&B investors called the ‘Sharjah Food Park’. The Food Park in Hamriyah free zone offers abundant opportunities for investors to start food manufacturing businesses. The Sharjah Food Park in Hamriyah free zone is described as the largest integrated facility dedicated to the food industry in the UAE and the Middle East. The Food Park spreads over an area of 11 million square feet, which is home to around 1,700 companies operating in food manufacturing, preservation, packaging, re-packaging, import, and export to and from various markets across the globe.
Company formation in Hamriyah free zone’s food park helps investors to avail of services such as interface with regulatory bodies including Sharjah Municipality, food safety and quality training, food testing and lab services, consultancy and certification services, opportunity to engage with food experts, consultants and food business investors etc. Apart from that entrepreneurs can benefit from facilities such as warehousing, manufacturing, packaging, distribution and logistics facilities.
Food Cluster at Khalifa Industrial Zone Abu Dhabi
KIZAD in Abu Dhabi has a robust food cluster for companies engaged in activities such as food processing, storage and distribution. KIZAD offers a wide range of benefits and facilities for local and global food processing companies focusing on the lucrative markets in the Middle East region. Such companies can have a quick company formation in KIZAD and catapult their businesses success faster. The process of business setup in KIZAD offers food companies benefits such as a pollution-free operating environment, reliable utility services, efficient infrastructure for waste management, advanced laboratory services, packaging, printing & specialised logistics solutions etc.
KIZAD, a subsidiary of Abu Dhabi Ports, is the largest industrial and free trade zone in the MENA region. The free zone offers competitive business setup packages and infrastructure facilities for foreign investors. KIZAD is home to more than 600 companies and offers benefits such as strategic location, faster access to markets, low set up and operational costs, flexibility in the scale of operations and efficient investor support services. The free zone is strategically located between Abu Dhabi and Dubai, the two most important economic centres of the Middle East.
Consult with the Best Business Setup Consultants in Dubai, UAE
The fundamentals of business incorporation remain the same wherever you start a business around the globe. Though setting up a business is a simple process yet not easy because simple things may turn difficult due to your casual approach. Hence, unless you hire a business adviser, the process of business setup in Dubai, UAE will not be easy. Jitendra Business Consultants (JBC) is one of the leading business setup consultants in Dubai providing efficient company formation solutions for foreign investors.