Business Emirates # 14 (May - June 2007) - page 107

Constanta port (Romania), the shipment flow
increased by 450% – and this was in parallel
with the decrease of port fees and other
mandatory payments!
Activities of the Techno Park are focused
on development of high technologies in
Dubai, andDubai Auto Zonewas established
to develop the best automobilemarket in the
Middle East. Therefore, whileworking in Jebel
Ali, your company has the opportunity to
open branches in all of the said FEZ using the
corresponding benefits.
– Right, but inorder tooperate a
successful business it is not enough just to
register a companywith Jebel Ali.
– Indeed, to get serious orders in a FEZ, in
addition to FEZ registration, the company has
to become registered in the UAE and receive
license for certain type of work. Then, it is
necessary tomake presentation of the new
company to potential clients. At the initial
stage, Ukrainian company planning towin
success onGulf countriesmarkets couldwork
as operator (this excludes the necessity to
import a large quantity of equipment and to
send in numerous employees).
To implement its plans in the Gulf region,
Ukrainian company would have to find
partners with experience of operations in
theMiddle East whowould knowwell the
specifics of such business in the Emirates
andwho’d have the necessary connections
in business circles of the UAE. Ukrainian
Trade Center is willing to become such a
partner and take care of establishing the
contacts with different establishments and
organizations in the UAE, as well as handle
the issues of finding clients and advertising
the products. If necessary, Ukrainian Trade
Center could also invite its partners to
participate in project implementation using
their experience of work in the oil and gas
industry inQatar, Kuwait and Saudi Arabia.
Note that Emirates, aswell as other
countries of the regionhave significant
potential for various types of activities.
Contractors for different types of work are
determinedbasedon tender results. Inorder
to take part in tenders, a company has to
have local registration and appropriate trade
license, whichgives the possibility to acquire
informationon tenders in a timelymanner.
By theway, recently, Emirates oil andgas
state-owned company ADNOC addressed
theCenter toget assistance in establishing
contactswith the same profile companies in
Ukraine. Also, ADNOC announced a tender for a
series of promisingprojects on the territory of
Arab Emirates, tobe implementedwithin the
next 5 years, for the total amount exceeding
$ 15 billion. Once again, one of the essential
INVESTMENTAND
PRIVATIZATIONASSISTANCE
FUND -OFFICIAL
REPRESENTATIVEOF JEBEL
ALI INUKRAINE
28/19, LYUTERANSKAST.,
OFFICE1, KYIV,UKRAINE,
01024,TEL.:+380(44) 253-
5407, FAX:+380 (44)253-5103,
E-MAIL:
FREE ZONES
conditions for tender participation is local
registration and corresponding licenses.
UkrainianTradeCenterworking inDubai
has thedetailed informationon state tenders
in theUAE.Withour assistance,manyUkrainian
companies have found their success on the
markets of Gulf countries. On theother hand,
UTC assists international corporations registered
with Jebel Ali FZ, and companieswith Emirates
registration in finding their partners inUkraine.
Todaywe can clearly state that thewayof
Emirates investors into the country called
Ukrainegoes throughUkrainianTradeCenter
inDubai. The support from theChamber of
Commerce and Industryof Ukraine and the
Ministryof Economyof Ukraineensures high
level of representation andguarantees agood
prospect for anyprojectwe implement on the
international and intergovernmental level.
V. Pyatnytsky (Ministry of Economy, First DeputyMinister) presents a
symbolic souvenir to IbrahimM. Al Janahi (VicePresident, JAFZA)
107
ÍÅÄÂÈÆÈÌÎÑÒÜ, ÁÈÇÍÅÑ, ÈÍÂÅÑÒÈÖÈÈ
BUSINESS EMIRATES
UKRAINE -UAE
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