World Free Zones Organization to Boost Free Zones’ Role in Global Economic Recovery

  • Date: 14-Apr-2021
  • Source: Dubai Chronicle
  • Sector:Economy
  • Country:Middle East
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World Free Zones Organization to Boost Free Zones’ Role in Global Economic Recovery

New ‘Free Zone Laboratory' designed to develop free zone operations led by industry experts. In a first of its kind initiative aimed at empowering free zones around the world through expert advice and guidance, World Free Zones Organization (World FZO) has announced the launch of the ‘Free Zone Laboratory'. The unique initiative features an array of advisory services which will help develop the operations of free zones and enable them to boost their contribution to the global economy.

Dr. Mohammed Al Zarooni, Chairman of World FZO, said: “The fast-evolving global market environment demands that economies need to be more resilient and highly competitive to succeed amidst challenges. It is clear that free zones are a key pillar to the growth of national economies, which is why it is important that we continue to harness their strength and enable them to become future-ready.  Our existing and new initiatives will help them tap new opportunities in an increasingly complex environment.”

The new ‘Free Zones Laboratory' will provide advanced services which will educate and guide the management of free zones to achieve