Free zones are to be set up in Abu Dhabi to attract local and foreign investment and diversify the economy away from dependence on oil.
The zones will serve a number of industrial sectors, said Jaber Hareb Al Khaili, Chief Executive Officer of the Higher Corporation for Specialised Economic Zones.
“The government is studying the possibility of setting up free zones in the emirate,” he told Emirates Business. “The first will be announced very soon.
SOURCE: Emirates Business 24/7 – Abu Dhabi plans free zones.