DMCC wins

Dubai Multi Commodities Centre, and Amata City Chonburi, Thailand have been awarded the top prizes in the Global Free Zones of the Year 2018. by fDi Magazine — a publication from the Financial Times.

The DMCC saw almost 2,000 new businesses established in 2017. The zone finished the year with 14,805 companies and more than 61,700 employees.

Some notable investments in 2017 include Saudi Arabia-based transportation and logistics company Bahri Group, which relocated to the zone’s One JLT low-rise business tower.

Major developments are planned for DMCC in the coming years, with its Uptown Dubai venture projected to create 10,000 jobs over the next decade.

The zone is also developing a smart district to ensure the community of the freezone (100,000 people) can live and work in a stateof-the-art environment.