
	
		
			 Launching the Electronics Free Trade Zone in Dubai
			 Dubai 01-82 (AFP) - Crown Prince of Dubai Al Sheikh Mohammed bin
				Rashid Al Maktoom crown prince of Dubai launched today, i.e. on
				Saturday, an electronics free e-trade zone which has been named "Dubai
				Internet City"
			 The cost in the first stage of this unique project is estimated at 200
				million dollars.
			 Sheikh Mohammed, who is also the UAE Defence Minister, said during the
				launching ceremony "we wish to make Dubai a center of modern economy".
			 The minister who has a personal website on the internet, further said
				that he wanted Dubai to become the best place in the world for the
				advanced (hitech) technological companies.
			 He said that it would he possible for the companies working in the
				electronic trade sector to make Dubai their headquarters, and to
				establish offices here and provide employment and own machinery in the
				zone opened to companies fully owned by the foreigners.
			 The electronic trade free trade zone is situated in the north of
				Dubai, close to the free industrial zone in Jabal Ali Mountain, an area
				which is considered to be the first in the country, and tenth in the
				world for transit movement.
			 Launching 'Dubai Internet city ' coincided with the opening of the
				annual information fair in Dubai which is considered to be the biggest
				in the Middle East - Gulf Information Technology Getix.'
		
	
