International Media Production Zone (IMPZ) Dubai’s International Media Production Zone (IMPZ) seeks to create a unique cluster environment for media production companies from across the industry value chain, and from across the world, to interact and collaborate effectively. Catering exclusively to companies in the Graphic Arts, Publishing and Packaging industry.
IMPZ will provide an environment of growth by building key facilities, investing in infrastructure, and forming a unique free zone that incorporates industrial, commercial, and residential and community service projects under its mantle. The vast complex is currently being developed on 43 million square feet of land, in the heart of commercial Dubai.
The IMPZ initiative is part of Dubai’s vision to develop itself into a global media hub. As such, it will provide a pro-business environment, sophisticated technology and community infrastructure to support and foster the growth of media production. more...
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Dubai Property Show are pleased to announce the launch of an exclusive new development within one of the hottest new areas of Dubai, The IMPZ (International Media Production Zone).
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Ever since the summer of 2002 when Dubai allowed investors of any nationality to come in on select property developments, the face of Dubai has never been the same. The vibrancy in Dubai’s property market can be seen from the fact that projects worth over US$ 30 billion are currently under development in Dubai. Further, US$5.5 billion of new construction related projects have been tendered since the beginning of 2004, and between 2004 and 2010, the total investment in the real estate sector will be in the range of US$ 50 billion.
Even businesses in the real estate sector are struggling to keep up with the sheer pace of developments in Dubai. As soon as properties are released - and this often happens before they are completed - they get snapped up and are often sold on at a significant premium. more...
( IMPZ ) IDEAL BUSINESS LOCATION
Irresistible advantages
The IMPZ initiative is designed to bring a wide range of benefits to the industry.
• 100% foreign ownership, means that no local sponsors are required.
• Guaranteed 50-year tax exemption from personal, income and corporate taxes.
• Customs duty as per the rules and regulations.
• 100% repatriation of capital and profits.
• Flexible labour laws ensure that industry needs for part-time and temporary requirements are met.
• Single window service provides 24-hour visas and fast-track immigration process for knowledge workers, guaranteeing quick access to skilled employees.
• World-class technical infrastructure includes high bandwidth, low-cost telecom infrastructure and secure, high-speed support infrastructure.
• State-of-the-art urban infrastructure means cost competitive, flexible office space and world-class housing, medical and education facilities.
• Access to a talent pool of highly skilled, low-cost knowledge workers.
• Straightforward laws and regulations include fast and easy company registration laws, hassle-free immigration processes and straightforward legal procedures.
• Gateways to markets include access to regional markets in the Middle East, North Africa, Indian subcontinent and CIS countries.
• Supportive environment with Government-backed business initiatives, business incubators and training programs.
The innovative concept of creating a cluster of similar businesses in physical proximity is not a new one to Dubai, and its strategic advantages have been proven to pay off.
Co-existing at a single location will enable print companies to coordinate production activities efficiently with feeder companies like machinery and equipment providers
and suppliers of raw materials and spares. For small and medium-sized businesses, the time and costs involved in sourcing requirements will be considerably reduced, as
they can avail of several shared services. Read more on the article...
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