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DAFZA to Showcase Investment Opportunities in Healthcare Sector at Arab Health Exhibition & Congress 2018

The Dubai Airport Freezone Authority (DAFZA) has actually revealed its participation at this year's version of Arab Health, the largest gathering of healthcare and trade professionals Middle East and North African (MENA) region, which will be held from January 29 to February 1, 2018 at the Dubai International Convention and Event Centre (DICEC). The move falls in line with DAFZA's method to attract more international foreign direct investments (FDI) originating from different industry verticals, consisting of the rapidly growing healthcare section, this is in enhancement to DAFZA's support to the financial diversification policy of the UAE, by accomplishing the goals of Dubai Strategy 2021 and focusing on the advancement of global health system.

DAFZA intends with its involvement in exhibition and congress, to contribute to the advancement of all facets of the health field and assistance Dubai Health Strategy 2021 which will certainly place Dubai as a significant national and regional therapy facility over the years to coming. Throughout Arab Health 2018 DAFZA will certainly showcase its services to more than 4,000 foreign and global business from greater than 150 countries all over the world. The event will welcome over 100,000 visitors associated with the clinical field inclusive of services, goods, clinical tools and numerous therapies that add to the provision of restorative, preventive and rehabilitative treatment and others.

Amna Lootah, Assistant Director General - Money, Commercial & Customer connections Department Foster of DAFZA Innovation & Future Unit, said: "Our government is paying great focus on the health care market and regularly upgrading its health care systems to fulfill the global standards and placement Dubai internationally in this sector. Overall, the UAE represent 26 percent of the complete healthcare costs of GCC governments. DAFZA is eager to encourage this industry and improve its growth with integrated solutions developed to attract capitalists to the industry which represents greater than 5 per cent of the total number of companies the freezone hosts, which 45 per cent are international firms."

Lootah highlighted the importance of DAFZA's participation in Arab Health Event and Congress 2018 and said,

"This exhibition is a ideal platform for connecting with major health care companies and medical care specialists, showcasing the most recent advancements in the industry, and showcasing DAFZA's outstanding services. It is an exceptional venue for determining the most affordable functions and smart remedies that are unique to existing and potential customers that would love to establish or expand their organisations in Dubai and enter the regional markets".

DAFZA plays a key role in sustaining medical care business and professionals to supply a secure and healthy environment with high quality services. The freezone hosts numerous worldwide distinguished health care gamers such as Actavis, Johnson & Johnson, Himalaya Drug Company, Terumo Medical Firm, Roche, and Panasonic Healthcare.

It likewise pays special attention on companies that are involved in both the Halal and medical sectors. The freezone recently released its guide to halal industries in various sectors, particularly healthcare and tools and services. DAFZA is devoted to assisting firms related to the pharmaceutical and medical sectors acquire Halal certificates and satisfy global and local criteria. Spanish KITS and Abbot Laboratories were the first 2 companies of their kind to get Halal certification from the Emirates Authority for Standardization and Metrology, along with other worldwide certifications in Halal industries.

Medical care is just one of the fastest-growing sectors worldwide and is a key contributor to the UAE economic climate. Alpen Resources Consulting Services stated that the UAE's healthcare market is expected to get to USD 19.5 billion (AED 71.5 billion) in 2020 at a typical annual development price of 12.7 percent from 2015, which is partially above the ordinary development rate in the rest of the GCC, noting that the marketplace dimension in 2015 reached USD 10.7 billion.

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