GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Dubai, UAE - 22 April 2018: Ports, Customs and Free Zone Corporation (PCFC) developed an integrated work plan to help in the implementation of its initiatives in support of economic and business activity in Dubai. 

In the meeting of Sheikh Mohammed bin Rashid, UAE's Vice President and Ruler of Dubai with a group of government officials PCFC put forward plans to facilitate foreign trade procedures to help boost foreign trade by Dh27 billion and use blockchain technology to help advance the industry.

The corporation also announced plans to develop an aluminium downstream industry that uses products manufactured by Emirates Global Aluminium, one of the world's biggest producers of the metal.

These initiatives will help Dubai develop industry and investment sectors by reducing time and cost. 

Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation pointed out a work plan has been set to implement the initiatives within a specific timeframe. 

This will help boost PCFC's performance and delivers a great value to boost economic growth and attract more foreign investment following the directives of the wise leadership, he said. 
On his part, Ahmed Mahboob Musabih, Director of Dubai Customs pointed out the plan will ensure best results delivered in reducing costs. “This adds up to the numerous attractive advantages Dubai has, and helps achieve the wise leadership's vision of turning the UAE into a world unique model”. 

Using blockchain technology will revolutionize the global trade movement. There will be a platform that connects all components of the world supply chain at its different stages.
There are 775 million containers shipped on board 52,000 vessels via 600 ports in 196 countries around the world annually. PCFC's initiatives are expected to help facilitate supply chain operations at this large scale and make world trade easier and more efficient. 

The pre-clearance initiative through the Authorized Economic Operator (AEO) reduces time and boosts growth in sea and air shipping sectors. 

Establishing an aluminium complex in Jebel Ali Free Zone aims at increasing local production of this important material which lies at the heart of modern life from the smartphones in our hands to the planes we fly in, to the buildings where we live and work. 
   

 



Posted by : GoDubai Editorial Team
Viewed 4154 times
Posted on : Sunday, April 22, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Department of Economic Development and Dubai Free Zones Council Sign MoU to Facilitate Business for ...
Next Story : Ministry of Economy signs strategic MoUs with 14 government entities to help launch ‘The National Pr...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
The FW18 Trend Report From Weill Paris
Discover the Secret to Younger-looking, Radiant Skin
Keep your skin looking healthy and hydrated, naturally
Climax Mascara Never Fake It
Brighter Eyes with Skin Republic
Jessica Kahawaty in Dubai to Celebrate the Launch of SUKIN, Australia's No.1 Nat...
LOOTAH Perfumes brings a collection of delicate scents to fulfill the needs of t...
The Balmain Haute Elegance Oval mirrors the brand's soul
Brow Contour Pro 4-in-1 defining & highlighting brow pencil
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
BodyO launches officially its AiPod for a full body check-up during the Gitex Fu...
Lexus Design Award 2019 open for entries
Joyalukkas adds another jewel to its crown with the inauguration of its third sh...
Get flawless skin with Rodial's new Booster Drops
Johnson's launches Fresh Hydration Range – Cleansed, hydrated skin in just #OneSwipe
Trend Alert! Giddy up on the best platform with your new horse-inspo ensemble fr...
The World of Aigner Wunderkammer
Elegant and feminine new Mini Bubble set to make a big splash
Introducing the GUESS Jeans Fall 2018 Collection'
Manero Peripheral (43 Mm) Classic Watchmaking Meets State of,the Art Technology
Curate your perfect Autumn Winter wardrobe, with Robinsons
Dubai Shopping Festival Returns With Much-awaited Mega Raffles
DS Podium Chronograph 1/100 sec
Daniel Craig Brings the Diver 300m to the Surface
Global Report Reveals That the “Feeling of Home” Is Moving Beyond Four Walls
Reinforcing Smartphone's Weakest Link: Huawei Could Launch Ultra-Fast Charging B...
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch'
Corum Heritage Eleganza- Dedicated to the stylish woman
Malabar Gold & Diamonds to triple number of outlets to 750 and raise Group turno...
With more collections and a more spacious car parking, Kalyan Silks moves to El...
OMEGA gets set to time the Youth Olympic Games Buenos Aires 2018
Sharjah Government pavilion highlights digital transformation of Sharjah at GITE...
Joyalukkas Celebrates the Festival of Light with Irresistible Offers
Kibsons Expand Vegan Range
Health Shield Medical Center to Celebrate Women of the Capital
AXOR is the official partner for bathroom fixtures of the Design Hotels™ brand
Lacoste Introduces the Keep Playing Collection for Women
Nokia smartphones serves first slice of Android™ 9 Pie on the award-winning Noki...
Emirates Airline Dubai Rugby Sevens 2018 FactSheet
The Ford F-150 Raptor: Your Ultimate Partner for Off-Road Adventure
Sharjah Girl Guides Unleash their Power on International Day of the Girl Child
Mohammad Abdullah, President of Dubai Institute of Design and Innovation (DIDI)
Festival Plaza Announces Lulu Hypermarket at New Lifestyle Destination
SIBF 2018 Invites Young Visitors to the Wondrous Land of Edutainment
Western Digital powers AI-enabled storage for futuristic surveillance and security
Fifi & Friends - Now available at more outlets across the UAE
Nissan to Make Official On-track Formula E Debut
UAE Toastmasters community to host the world champion of public speaking
Make your home stand out this winter
Toyota's legendary King goes urban with the 2019 Land Cruiser Grand Touring Edition