Business | General

Zonescorp applies best standards to benefit industries

The Higher Corporation for Specialised Economic Zones (Zones-corp) has succeeded in applying some of the finest standards adopted in the UAE, a senior official said on Wednesday.

  • By Ahmed A. Elewa, Senior Reporter
  • Published: 00:28 April 10, 2008
  • Gulf News

Abu Dhabi: The Higher Corporation for Specialised Economic Zones (Zones-corp) has succeeded in applying some of the finest standards adopted in the UAE, a senior official said on Wednesday.

"This results in better government support for local industries, through enhancing the quality and cutting costs," said Sultan Bin Saeed Al Mansouri, Minister of Economy.

Initiative

"Among our leading applications is the single-window-project, simplifying procedures and cutting time and cost," said Engineer Jaber Hareb Al Khaili, Zonescorp's chief executive officer.

"Through this facility, investors do not need to go anywhere else to apply for licences, registration, or even visa applications for their employees."

Accordingly, the time factor is reduced from six months to 10 up to 30 days for construction licensing, and less than a day for the industrial licensing.

Labour

Other services the corporation provides include foreign labour services in collaboration with the Ministry of Labour, which has authorised Zonescorp to issue necessary visas in a record time, while exempting investors from depositing any guarantees for their labour, a facility that cuts the visa costs by 50 per cent.

"We also provide for the best labour housing standards worldwide, with six square metres allocation for each worker," Al Khaili said.

The first labour housing complex has already been established for 30,000 workers and the company intends to increase this capacity to 500,000.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

More from Business General

  1. ADWEA to call for power, water plant tenders

  2. Halal Expo gives consumers range of choices

  3. Clock ticks on Kraft's Cadbury takeover

  4. Kraft's game of cat and mouse turns bitter

All articles in General

More from Business

Gulf News
Popular in Business
Way to go this DSF
XPRESS

Way to go this DSF

A fun-filled route to guide you to all the happening dos in town

Business Editor's choice