As part of ongoing initiatives and efforts to improve the local business environment , the Abu Dhabi Department of Economic Development (ADDED), has completed the e-link project with four freezones including KEZAD Group – which comprises 12 economic zones – Abu Dhabi Airports Free Zone, the Media Free Zone- Abu Dhabi (twofour54), and Masdar City Free Zone, to integrate and create a unified database of economic licenses in the emirate.
The e-link with freezones helps in providing information and data of the owner of economic establishments in line with laws and regulations in the UAE, and enhances the country’s status in following the highest level of international standards concerning transparency and governance.
In addition, the e-link project aims to integrate with the UAE Ministry of Economy’s database and the National Economic Register to provide accurate, comprehensive, and instant data on the existing economic licenses in the UAE.
H.E. Mohamed Ali Al Shorafa, Chairman of ADDED and the Free Zones Council, which supervises freezones and include operators’ representatives in its membership, said: “Abu Dhabi has established itself among the leading global centres for innovation and competitiveness. The emirate has nurtured a supportive business environment, unparalleled connectivity, and infrastructure, presenting investors and entrepreneurs ample opportunities to grow and thrive. Our digital transformation journey enables and supports an integrated and proactive digital government, facilitated through advanced and innovative solutions. Completing the e-link project and unifying commercial registers will spur freezones’ contribution to sustainable economic development and further enhance the ecosystem to attract investments.”
H.E. Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED, said: “The e-link with economic freezones in the emirate will further enhance our integrated, business-supportive ecosystem to encourage investors and entrepreneurs to benefit from growth opportunities in Abu Dhabi. The project also reflects ADDED’s interest to launch and implement initiatives to ensure ease of setting up and doing business, simplifying economic licenses procedures, and providing a unified database to enhance business sector, investor, and economic establishment confidence.”
