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Ajman Media City Free Zone, a world-class free zone hub for the creative, media and entertainment industry announces a range of customer-friendly cost effective packages for the potential business owners. Chairman of Ajman Media City Free Zone H E Sheikh Abdul Aziz bin Humaid Al Nuaimi, said before the official launch that entrepreneurs and small- and medium-sized enterprises (SMEs) play an important role in the nation’s economy and AMCFZ is committed to supporting the small and mid-sized business investors and offer easy and cost-effective services which will help this sector and also will take UAE to the international level business.
AMCFZ is developed as a customer friendly hub helping and making the emirate of Ajman an international economic center for investors and businesses, in line with the “Ajman 2021” vision. The Chairman also announced a landmark decision to abolish all the security deposits related to the visa process for new companies which set-up their base in Ajman Media City Free Zone. He said that the hub wants all business people to benefit in terms of cost and accessibility. Also, the Media Zone aims at promoting easy business for potential investors.
AMCFZ have identified key issues faced by a potential investor when setting up a new business such as the cost of doing business, set-up costs, the regulatory requirements, and their expectations such as the availability of a long-term sustainable framework which allows them to set-up, operate and function with ease. The Free Zone aims to minimize all these problems through world-class infrastructure and ecosystem. Ajman Media City Free Zone is entering into strategic alliances with organizations in key markets such as India and Egypt in the first phase.
HE Mahmoud Khalil Al Hashmi, Executive Director of Ajman Media City Free Zone outlined the plans and developments regarding collaborations in the international markets. AMFCZ have already entered international alliances with India and have signed MOU with the country’s largest media companies, The Times of India and The Hindustan Times. AMCFZ will identify value propositions, projects, and events that can be localized for the UAE market and be brought to Ajman. Egypt is identified as a pioneer in the business of media and entertainment in the MENA region. A high-level delegation led by H E Mahmood Al Hashmi had visited Egypt and had met key government entities in Egypt and successfully signed Memorandums of Understanding to boost mutual cooperation. According to the Chairman, the free zone is receiving the very positive response from the key international markets already. The unique services offered by AMC will support the economic growth of Ajman and also enable the Emirates to play a bigger and more significant role in bringing the substantial economic boost to the UAE.