|Dubai's International Media Production Zone (IMPZ)|
Dubai's International Media Production Zone (IMPZ) seeks to create a unique environment for media production companies from across the country and around the globe. The goal is to provide for ways that these companies can interact, network and effectively collaborate to provide news, movies, and other methods of entertainment to viewers and to be able to effectively produce and collaborate on these productions.
Key InvestmentsIMPZ has committed to an initial investment of approximately US$ 280 million and it is expected that tenants in the printing and packaging business will invest a further US$ 280 million in machinery alone.
Irresistible AdvantagesThe IMPZ initiative is designed to bring a wide range of benefits to the industry. As with other free zones in Dubai, companies joining IMPZ can avail of 100 per cent ownership and will be exempted from almost all corporate and personal taxes including those for machinery, equipment, raw materials and spares utilised by the industry. Furthermore, rules governing media production have been simplified to provide maximum ease of operations. The innovative concept of creating a cluster of similar businesses in physical proximity is not a new one to Dubai, and its strategic advantages have been proven to pay off. Co-existing at a single location will enable print companies to coordinate production activities efficiently with feeder companies like machinery and equipment providers and suppliers of raw materials and spares. For small and medium-sized businesses, the time and costs involved in sourcing requirements will be considerably reduced, as they may benefit from several shared services.
Benefits offered to BP’sThe Zone’s production cluster focusing on the printing and publishing industries will provide superior infrastructure for various activities, available as leasehold land and distinct units for printing, production and warehousing.
Each unit will act as a complete facility for production operations with exits for loading and unloading raw materials and finished goods. The thermally-insulated production units will be made available on an annual rental basis.
Printing companies also have the option of taking multiple units or may take a combination of both land and production units.
Strategic LocationSituated on the Emirates Road, in close proximity to the Jebel Ali port and the recently announced Jebel Ali Airport City, IMPZ's nearly perfect location will considerably ease imports, exports and logistics operations, allowing for travel, production and cargo movement with much greater convenience for the companies involved.
The new airport, when completed, will provide the capacity for handling approximately 120 million passengers annually along with 12 million tonnes of cargo. As for the location of Dubai at the crossroads of Asia, Europe and Africa, and with its enviable proximity to multiple markets, it has already proven its mettle as a centre for international operations of all varieties.
Eco-friendly EnvironmentIMPZ will deploy and promote an eco-friendly industrial environment, where tested concepts and practices will be adopted to recycle waste and enable companies to utilize by-products from other companies and to network to the good of all instead of disposing of these by-products as waste. Renewable energy sources will be included in the site’s infrastructure to guarantee reliable and clean power.
Fulfilling LifestyleComplementing and completing the community infrastructure, IMPZ has planned several residential and commercial amenities including family apartments and low-cost accommodations for blue collar workers. Supermarkets, recreational and healthcare facilities and services like banking will also be available in the Zone
For More information at http://www.impz.ae
IMPZ - at a glance