Why can Dubai s port become the world s largest free trade port?

Updated on Financial 2024-02-13
12 answers
  1. Anonymous users2024-02-06

    The main thing is DubaiIt's not just the economic hub of the UAEIt is one of the most important economic hubs in the Middle East This has laid a solid foundation for the port of Dubai, which is why the port of Dubai has become one of the strongest free ports in Asia and even the world. This is also in line with Dubai's implementation of a lot of preferential policies in order to develop the local economy and industryTwo free zones have been established.

    Dubai's economic development is dependent on the exploration and development of oil, but oil is not unlimited, Dubai's first, from the very beginning, we know that the shortcomings of oil development, and in the 20th century, it was decided that the strategy of not relying on oil to develop the country, with the development of the world at that time, it was found that in order to achieve what is often saidDiversification of the economyWithout a free zone, it cannot be developed, because if they want to get more investment, they must use preferential policies to attract the green eyes of investorsAlmost all taxes are exempted for businessmen investing in the Free Zone, which is a very meaningful decision.

    It is an important decision for Dubai** on the situation of global economic development. And in the later era of the information Internet, it stood out even more powerfully, imitating some financial center cities and wanting to become new financial centersAnd to support the development of the country's semiconductor industry, these two plans have made great achievements

    Dubai has established a number of free zones by taking advantage of its own advantages, and Dubai Ports has also become a free port. Coupled with the support of **, it has undoubtedly become one of the world's largest ports.

  2. Anonymous users2024-02-05

    Because the discovery and exploitation of oil in Dubai has made Dubai's economy develop rapidly

    Dubai's rapid economic development benefited from the discovery and exploitation of oil, but Dubai's rulers realized the fragility of a single oil economy early on, so in the 80s of the 20th century, they gradually established a strategy of no longer relying solely on oil exports, but striving to achieve economic diversification. Then Dubai established a free zone, implemented more open investment, financial policies than outside the zone, and basically exempted all taxes for enterprises in the zone, which is a very important measure for Dubai to encourage the development of non-oil **.

    Dubai has also built a number of unique specialized free zones according to the global economic development situation and the development needs of Dubai's own pillar industries: in order to adapt to the new trends of the world economy in the era of Internet economy, Dubai established the Internet City in 2000, and in order to greatly enhance the status of the financial services industry in the economic structure, it has also referred to the model of international financial centers such as New York and established the Dubai International Financial Center. Other specialized free zones include Dubai Airport Free Zone, which focuses on logistics and transportation, Dubai Knowledge Village, which focuses on education and training, Dubai Silicon Valley, which supports the development of the semiconductor industry, and Dubai City, which provides world-class services.

    As one of the 7 emirates of the United Arab Emirates, Dubai has 8 more active free zones, of which Jebel Ali Free Zone is the largest free zone in the Middle East, so it is an important hub in the Middle East. At present, the bilateral value between China and the UAE is about 19 billion US dollars, of which the Jebel Ali Free Zone and China have reached about 12.5 billion US dollars, and nearly 60% of the total China-Middle East ** is re-exported through the UAE.

    Dubai is also home to Dubai Ports, the largest port in the UAE, and Jebel Ali Port, the most efficient port in the world. Dubai is also one of the fast-rising emerging port cities, and Ningbo is eagerly looking forward to establishing a business relationship with Dubai and hopes to implement it as soon as possible. And considering that Ningbo Port is composed of Beilun, Zhenhai, Daxie, Chuanshan and Meishan port areas, Ningbo Port has the largest and super-large deep-water berth in China.

  3. Anonymous users2024-02-04

    Because Dubai is a well-known global business city in the Middle East. Because it is located at the throat of the East-West exchange, it is often used as the center of Eurasian economic activities. Since the beginning of the last century, the city of Dubai** has set the development of the port as the most important infrastructure project, and the port of Dubai is the key construction target.

    After more than 30 years of development, Dubai has become the largest port for free trade in the Middle East.

    In 1970, Dubai Port was officially put into operation, and in order to further develop the space, in 1979, the world's largest artificial port, Dubai Jebelari Port, was put into use. In May 1991, Dubai established Dubai Ports Authority, a professional port management agency, to exercise unified jurisdiction over the two ports.

    Their development model is to first build a dock, and then after development and then establish a free ** zone, so that the two form a complementary state. Adjacent to Dubai Harbour is the Jebelari Free Zone**, and next to Dubai Harbour is Dubai International Airport, the largest airport in the country. Dubai will be two ports and one area of the model as a major transshipment port of sea and air transport, which has formed an airport + a seaport + a free ** zone logistics operation, this model construction is very successful, prompting Dubai and other emirates to appear in a number of free zones with its reference model.

    Dubai also offers preferential policies to investors1 Foreign capital can be 100% wholly owned, not subject to the 49% foreign investment and 51% domestic investment clause stipulated in the UAE Company Law. 2 Foreign companies are exempt from income tax for 15 years, after which the tax holiday can be extended for another 15 years. 3 Capital and profits can be remitted freely without any restrictions4 There is no personal income tax.

    5 Imports are also duty-free6 Currency is freely convertible without restrictions. 7 No bureaucratic procedures. 8 The registration process is simple and there will be no problems.

    9 There are modern and efficient communication facilities in the free zone. 10 Good infrastructure11 Sufficient energy12 Beautiful working environment.

  4. Anonymous users2024-02-03

    Dubai is world-famous, and many people have heard that Dubai people are very rich, the place is very luxurious, even a beggar may be a rich man, and even the port of freedom ** is the largest in the worldWhy is that? Why did it become the largest port in the world?

    Dubai is not only the center of the UAE, but also one of the most important hubs in the Middle East. In order to achieve Dubai to become a rapidly developing country, a series of policies and methods have been adopted, and Dubai's geographical location is also just on the important channel of East-West exchanges, Dubai has developed a series of free zones and industrial zones, and after decades of development, it has become an important port in the Middle East and other regions

    Dubai's geographical location and oil resources have made this port a world-famous free port, and the economy in Dubai is developed and developed early. Therefore, in many freedoms, many policies are much better than ours, and there are many preferential policies, such as: (1) If you enter the customs area of the United Arab Emirates, you will be taxed again, and all the goods that will be re-exported after entering the customs will be refunded; (2) The import of machinery, equipment, parts and necessities required for the production of companies and enterprises shall be exempt from customs duties; (3) All companies and businesses in the free zone are exempt from paying income tax for 50 years; Employees of factories in free zones are exempt from personal income tax; (4) Enterprises can remit their profits and capital abroad at any time without any financial and monetary restrictions, and (5) foreign investors are allowed to set up wholly-owned enterprises, and foreign investors in the zone can hold 100% of the shares.

    In addition, there are no nationality restrictions on employees;

    So a series of policies have made Dubai the world's largest free port.

  5. Anonymous users2024-02-02

    Because Dubai is a well-known global business metropolis in the Middle East. Due to its location at the choke point of communication between East and West, it is often used as a center of economic activity in Europe and Asia. Dubai is not only a gateway to the Persian Gulf coast, but also to South Africa, India, Central Asia and Eastern Europe.

    After the 70s of the 20th century, Dubai's economy has developed rapidly. Most of its economic income comes from the development and utilization of oil. Dubai's leaders also realized that economic development cannot rely on oil alone, so Dubai has established that it cannot rely on oil since the 80s of the last century, and has formulated a development strategy for economic diversification.

    The development strategy of economic diversification is inseparable from free zones, and the implementation of free zones is an important decision for Dubai to encourage non-oil** development. Dubai has also adjusted according to the situation of global economic development, and has built a number of unique specialized free zones in combination with the actual situation of the country.

    Later, Dubai established the Internet City in order to adapt to the era of Internet economy. Later, in order to adapt to the new trends of the world economy in the Internet age, Dubai also greatly improved its position in financial services and economic structure. Dubai also created the Dubai International Financial Center as a model after cities such as international financial centers in other countries.

    The rapid development of tourism has added a touch of bright color to Dubai's non-oil **. The development of many of Dubai's unique businesses can be said to have accelerated the development of Dubai's diversified path.

    In general, Dubai Port can become the world's largest port, which is inseparable from the support of national policies and the advantageous terrain of Dubai, which promotes the development of its freedom.

  6. Anonymous users2024-02-01

    In order to develop better in Saudi Arabia, Dubai has many policy preferences in this place.

  7. Anonymous users2024-01-31

    The country to which Dubai belongs is the United Arab Emirates, which is the most populous place in the United Arab Emirates with a population of about 3.5 million people. At the same time, it is also the economic and financial center of the Middle East, and the main economy relies on financial, tourism and other services. It is also an important treaty port in the West.

    Dubai's two important trade ports are Jebel Ali Port and Rashid Port, Dubai's Jebel Ali Port is the largest artificial port in the world, with 65 berths, it is Dubai's economic and financial revenue**, about 10 million tons of annual container throughput. Jebel Ali Port is located near a free zone, where foreign-owned companies are exempt from corporate and personal taxes, and when completed, it has become one of the busiest ports in the world. In addition, there is a port of Rashid Port, which and Jebel Ali Port are important hubs for the development of the United Arab Emirates, it is a deep-water port in Dubai, located in the northeast of the United Arab Emirates, and its projects mainly include the construction of yachts, ship berths, residences, hotels and aircraft terminals and other important projects, mainly for the development of tourism.

    Dubai, United Arab Emirates, can be regarded as the world's most tycoon city, Dubai used to be extremely rich in oil, but that was only before, now Dubai's oil is close to exhaustion, and the people of Dubai are still living a tyrant life.

    All in all, the ports of Jebel Ali and Rashid in Dubai, United Arab Emirates, are important trade ports and the world's largest free port, and it is also inseparable from the support and encouragement of the state to promote Dubai's economic development and create better economic income for Dubai.

  8. Anonymous users2024-01-30

    Dubai, in our opinion, is a super-rich country。It seems that everyone has endless money, generous spending, luxury car transfers, and special drivers, wearing white gloves and suits, very arrogant. It gives people a feeling of jealousy that can't be beaten and can't be rich!

    Dubai is a desert country, covering an area of just over 3,900 square kilometers, which is 1 in 3,200 China's land area, that is, half the size of Chongqing. Why is this so small country so rich?

    Dubai is very rich in oil resources and exports to various countries. All the money earned by his own country was transferred to construction, which is why the Dubai we see today has been achieved. This is only one aspect of Dubai's wealth, and the other is its important geographical location.

    Dubai is not only the first center of the UAE, but also one of the important hubs in the Middle East. So Dubai's port became the largest port in the world.

    Now Dubai's economy is continuing to grow。However, there is a disadvantage that Dubai's water shortage is that Dubai's annual rainfall is only 42 mm, and due to the hot climate, the evaporation is high, which makes Dubai's groundwater resources unable to be replenished in time. And most of the water used for agriculture and citizens comes from underground water sources, and Dubai is now using desalination and wastewater recycling as the main water for residents and industry.

    Dubai is known as the world's largest free port. It is because of the country's policies and people's support that Dubai has developed so fast.

  9. Anonymous users2024-01-29

    Because of Dubai's geographical location, it opened to the outside world early.

  10. Anonymous users2024-01-28

    Because of the support of Dubai**, and the location is very good.

  11. Anonymous users2024-01-27

    Dubai's location is a decisive factor.

  12. Anonymous users2024-01-26

    The two ports in Dubai are: Jebel Ali and Port Rashid.

    Jebel Ali and Port Rasid Dubai Port is located on the northeast coast of the United Arab Emirates, bordering the south side of the Persian Gulf, also known as Mina Rashid Port, and is under the jurisdiction of the Dubai Port Authority with the newly built Mina Jebel Ali Port in 1981, which is the largest port in the UAE and one of the largest container ports.

Related questions
17 answers2024-02-13

Taipan snake actually means deep dwelling. After biting its prey, it usually retreats first and waits for its prey to die. It is ranked as the most vicious snake in the world.

12 answers2024-02-13

If the height is measured from the base to the summit, the highest mountain in the world is Mauna Kaia, a giant volcano in the Hawaiian Islands. When measured from sea level to the summit, the highest peaks are clustered in the Himalayas. Twenty thousand and three hundred and twenty feet above sea level. >>>More

8 answers2024-02-13

Answer 1: Traffic jam (the length cannot be estimated, but it is estimated that the landlord is not playing brain teasers) Answer 2: Train (the length is related to the carriage hanged, this is more common sense, float by) Answer 3: >>>More

13 answers2024-02-13

Fluency crushing advantage Fluency does not refer to the opening speed and shutdown speed of mobile phone applications. Smoothness refers to the running speed and touch speed, because this is the most intuitive part that affects the user experience. 2、IOS system software APP multi-priority upgrade The vast majority of mainstream application software is prioritized by IOS system development and upgrading, only a few have not passed Apple's review on the shelves, or special applications will be released in Android first 3、IOS games do not need data packages, Android is very troublesome to play large games Android system large games, you need to install the game and then ** data package, the data package will be optimized for the mobile phone's processor and GPU, If you select a package that is not optimized, it may not work or the map will be incorrect. >>>More

4 answers2024-02-13

Hulunbuir grassland is the place with the best grassland quality and the most gorgeous scenery in the grassland of Inner Mongolia. This is the main livestock area of Inner Mongolia, producing the famous three hippos and three rivers cattle. Nourished by thousands of large and small rivers, every summer, the warbler flies and the grass grows, cattle and sheep are everywhere, you can ride horses and camels on the grassland, ** horse racing, wrestling matches, eat grassland flavor "whole sheep feast", and the bonfire party at night allows you to experience the unique customs of the nomads. >>>More