Trakhees issued more than 400 new licenses in Special Development Areas during the 1st quarter of 2023

Trakhees issued more than 400 new licenses in Special Development Areas during the 1st quarter of 2023

The Planning and Development Department - Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation in Dubai, achieved a remarkable achievement by achieving remarkable growth during the first quarter of 2023, represented by the issuing 423 licenses in special development areas through the Licensing Department of Trakhees department, with a growth rate of 26% compared to the same period in 2022.

In order to achieve positive growth rates in the commercial licensing sectors in its special development areas, H.E. Engineer Abdulla Belhoul, CEO of the Planning and Development Department - Trakhees, confirmed that the department has implemented a number of initiatives since the start of 2023. He cited the tireless efforts made by the Licensing Department team for the benefit of starting businesses from individuals and companies through facilitation packages that help establish a new approach to entrepreneurship based on adopting the PCFC vision of strengthening Dubai's position as a leading sustainable centre to support the economic sector at the global level.

Belhoul pointed out the Trakhees’s keenness to implement the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, aiming at making Dubai a preferred global destination for investment. He