"The fact that Jafza offers 100 per cent ownership and a tax-free environment, not to mention the convenience of a port within the zone, is a major incentive for investment. Also, the infrastructure of Jafza, as well as the facilities it offers, is excellent," Dr Geeta Reddy said.
Reddy's visit is aimed mainly at preparing the ground for a trip to Dubai by Andhra Pradesh Chief Minister Y S Rajashekhara Reddy which could lead to greater cooperation between the State and the Government of Dubai.
Dr Mohammed Al Banna said, "The visit by Dr Reddy is in keeping with the close business relations Dubai has traditionally shared with Andhra Pradesh. Besides being strategically located between Asia and Europe, Dubai is the commercial and industrial hub of the region, and the investment opportunities it offers is nowhere more exemplified than in Jafza."
The South Zone is being built to meet the unremitting demand for space in Jafza. The zone is divided into 8 clusters, each dedicated to a particular sector.
