Austria Business Center (ABC) in Dubai has been receiving an increased number of queries about the investment possibilities in Dubai, according to a statement from Dubai FDI.
“We are witnessing a significant increase in requests for business set-up in Dubai and serviced office space at the beginning of 2013,” said Josef Kleindienst, chairman of ABC in Dubai.
Dubai FDI, the foreign investment office in the Department of Economic Development (DED) and ABC have successfully collaborated to enable a growing number of Austrian firms set up in Dubai and move closer to key growth markets.
Since its opening in 2010, the initiative has successfully enabled over 100 new companies to establish themselves in Dubai.
Dubai FDI and ABC also continue to collaborate in trade missions and investor forums. “At a time of increased competition among business hubs and a greater emphasis on lower lead times and high quality customer service, Dubai is scoring high chiefly on account of its location, infrastructure, pro-business government and ease of doing business,” said Khalid Al-Boom, deputy CEO of Dubai FDI.
“Dubai FDI is elated by the response that Austria Business Center has generated as it validates our focus in investor outreach and partnerships. It has also contributed to Dubai retaining its position as the region’s leading FDI (foreign direct investment) destination,” added Al-Boom.
With a high level of interest among Austrian investors in having a foothold in Dubai, ABC has now opened a new office in the Dubai Multi Commodities Center (DMCC).
Last year, Dubai FDI and ABC along with the Austrian embassy in Abu Dhabi went on a trade mission to Vienna where they promoted investment opportunities in Dubai and encouraged Austrian firms to grow across the Middle East, Africa and South Asia through Dubai.
