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: Free Zones in the UAE |
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Dubai World Central
[DWC] |
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First FBO facility at DWC Aviation City
Dubai World Central Aviation City has signed a deal with Palm Aviation to set up the project's first fixed-base operation (FBO) ground handling facility.
The Dh40 million 80,000 square feet facility to cater to the flight support services industry will be built within Dubai World Central — the 140 square kilometre urban aviation project under construction at Jebel Ali, United Arab Emirates.
Under the agreement, Palm Aviation will extend their existing global flight support operations centre to DWC Aviation City from its existing Dubai Airport Free Zone office — part of their ambitious expansion strategy, set to see the company grow by 35 per cent annually over the next five years across the region.
"DWC Aviation City will be home to the world's largest MRO providers, largely due to the strategic aviation services offerings to third parties setting up their regional operations within our project," said Abdulla Al Qurashi, CEO, DWC Aviation City.
"The aviation sector is expected to grow at more than 30 per cent annually for the coming five years and the impressive growth of over 9 per cent for the Middle East MRO market is expected to continue over the same period, when DWC Aviation City will be the natural choice for these burgeoning companies to establish their base due to the full range of aviation services infrastructure available by then. |
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Courtesy Khaleej Times
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Hot
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