Webinar explores opportunities for Brazilian businesses in UAE
The business-friendly policies adopted by the Abu Dhabi government has helped position the emirate and the country as a hub for global growth sectors in the GCC region.
The online webinar proves to be both timely and strategic as there are now over 10,000 Brazilians living and working in the UAE, as the country has become a natural home away from home for Brazilian companies looking to establish a base of operations and create a presence in the region. In addition, bilateral trade between the two countries is now worth over $3 billion and is expected to increase due to the vibrant and strong relations enjoyed by both the UAE and Brazil.
The webinar featured key discussions on driving economic diversification, new opportunities for Brazilian businesses in the Middle East and the UAE and Brazilian and UAE bilateral business and trade.
Rubens Hannun, President, Arab Brazilian Chamber of Commerce, “Hosting the webinar with KIZAD, one of the most highly preferred cost-efficient locations for businesses to service a potential audience of around 4.5 billion consumers, gave us the chance to explore the many opportunities for Brazilian businesses in terms of inbound and outbound investments. The huge amount of confidence placed by Brazilian businesses in the UAE demonstrates the country’s leading reputation as an exporting hub--buying and reselling many products to other countries and has now become Brazil’s third largest buyer among Arab countries.”
The business-friendly policies adopted by the Abu Dhabi government has helped position the emirate and the country as a hub for global growth sectors in the GCC region. These sectors include polymers and plastics related industries, structural steel fabrication, primary aluminum production, as well as continuous growing construction industry and a thriving automotive sector serving not only the UAE but the larger MENA region.
The Arab Brazilian Chamber of Commerce (ABCC), hosted the ninth edition of its webinar on July 1, 2020, as part of its ongoing bid to sustain robust trade activities and partnerships between Arab and Brazilian firms amid the current pandemic.
Titled ‘Tools for Global Competitiveness,’ the webinar highlighted effective business development strategies and devices for a more resilient market presence and leadership in Brazil and key Arab states. Brazilian companies planning to expand their footprint in major Arab industries are some of the participants of the virtual event, during which the speakers will discuss, among others, proven and strategic approaches to building business operations overseas according to their corporate goals.
Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports, recently announced breaking ground for its new products for supporting the increasing demand for pre-built facilities in KIZAD.
The range of small-to-medium light-industrial warehousing units comprise the fourth, fifth, sixth and seventh phases of the KIZAD Logistics Park and are set to be introduced to the market starting from the end of the year to cater to increasing customer demands for additional ready to move facilities.
Abdullah Al Hameli, Acting Head of Industrial Zones Cluster, Abu Dhabi Ports, said: “Industrial activity and warehousing demand has been quite resilient, and we are confident that launching these ultra-modern units will propel tremendous growth in Abu Dhabi’s manufacturing base. Customers are looking for flexible and asset-light options, and we are expanding our portfolio to address these needs through the launching of a new modular, pre-built units in various sizes and configurations.
“With the availability of options to buy or lease warehouses based upon a business’s individual requirements, investors are benefit from our flexible offers for low-cost operations at scale as well as our ability to offer the region’s lowest utility costs. This is complemented by the unique location at the industrial heart of the UAE, and its direct access to global markets via our flagship deep-water port, Khalifa Port.”
Showroom warehouseNew developments in KLP 4 and KLP 5 span total plot area of approx. 250,000 sqm, and offer a range of mixed-use warehousing and light industrial units. These comprise of 26 showroom warehouse units (24 units of 795 sqm and two units of 1,920 sqm) and 88 small-to-medium light-industrial and warehousing units (76 units of 500 sqm; six units of 1,000 sqm; one unit of 1,666 sqm; and six light industrial units of 1,028 sqm).
Agencies
