Includes
firms which work in
the purchase of real
estate, such as residential
and non-residential
buildings, the investment
in real estate by
constructing, managing,
leasing and
re-selling various
buildings. This also
includes the purchase,
lease and re-sale
of land, whether owned
by the owners of the
establishment or other
parties. Contact
us
2095
Industrial Sector of Abu Dhabi
The Abu Dhabi government believes that the industrial sector must be a pioneering economic sector that contributes to the country’s prosperity and welfare. Hence it issued a special law for industry in 1979 and another one of the initiation of the General industry Corporation.
Accordingly the following incentives are granted for any industrial project in the Emirate:
•
Suitable plot of land is immediately allocated for applicant industrial project at a very nominal rate.
•
Certain
industrial plants are put for
rent at the various industrial
zones established by the government
on certain conditions favoring
the industrialist’s interest.
•
Public utilities, such as water and electricity are provided at very nominal and promotional rates.
•
Exempt customs charges is covering the following imports required for any industrial projects:
a)
Machinery, equipment spare parts required for the industrial project
b)
Raw materials, intermediary materials, manufactured goods and all other packing and packaging materials required for the project involved.
•
Export of national industrial products is exempted from any taxes or export fees.
•
Full protection is given to national products, with consideration to their efficiency and capability to meet the market demand in terms of quality and quantity.
Further the following industrial projects shall have the priority over any other projects in terms of getting the advantages and exempts provided in the Act referred above:
a)
Projects producing goods for local consumption and those they may substitute or compete with foreign counterparts, or those enjoying considerable export potential.
b)
Projects using local raw materials
c)
Projects established in the areas specified and allocated by the government
d)
Any other
projects of certain economic
significance or considered
so, for the sake of serving
the country’s comprehensive
development process.
There are three industrial zones in different parts of Abu Dhabi Emirate viz., Mussaffah, Al Ain and Al Ruwais. All these industrial zones are under the direct supervision of the General industrial Corporation.
