Industrial Clusters in the UAE: New Opportunities for Russian Exporters
In the face of external sanctions imposed by unfriendly countries, a unique window of opportunity has emerged for Russian companies seeking to expand their non-resource non-energy exports. Special economic zones in friendly countries, equipped with essential infrastructure and offering residents a range of preferential benefits, have become enticing prospects for domestic enterprises. Notably, the proposals put forth by the prominent free economic zones in the UAE, specializing in supporting companies in the manufacturing sector, have garnered significant interest. To facilitate the establishment of new production facilities for Russian businesses in the UAE, several crucial considerations must be addressed. The Russian Ministry of Industry and Trade has proactively developed mechanisms to support domestic companies' localization efforts in friendly countries. This includes extending preferential financing options for projects aimed at bolstering production abroad, subsidizing costs related to product procurement and delivery, and facilitating leasing of technological and storage facilities. So what should be done to enable Russian business to establish new production facilities in the UAE? What barriers lie ahead and what strategies should be developed to overcome them? What additional preferences are offered to Russian residents? While entering a free economic zone may be relatively straightforward, what would be the subsequent steps for Russian businesses in the Emirati market? What are the reasons behind the formation of Russian clusters within free economic zones, and why is it crucial for businesses to foster unity and collaboration within these clusters?
Maksim Zagornov, President of the Russian Federation of Small Power Generation (RAME); Business Ambassador to the United Arab Emirates, All-Russian Public Organization "Business Russia"
Mohamed Sharif Habib Mohamed Alawadhi, Director General, Fujairah Free Zone Authority (FFZ)
Khalid Al Marzooqi, Vice President, Khalifa Industrial Zone Abu Dhabi (KIZAD)
Anas Yousef Abdel Ghafer, Commercial Director, Ras Al Khaimah Free Economic Zone (RAKEZ)
Ivan Demchenko, Chairman of the Board, Novostal-M
Mikhail Labudin, Director, Association for the Development of Clusters, Technology Parks and SEZ of Russia
Alexander Larin, Chairman of the Board of Directors, Research Design and Survey Institute of Energy and Transport Energotransproekt
Dmitry Prokhorenko, Director Development Overseas Network, Russian Export Center
Mikhail Sutyaginskiy, Chairman of the Board of Directors, Titan Group of Companies
Andrey Terekhin, Trade Representative of the Russian Federation in the United Arab Emirates
Roman Chekushov, Director of the Department of International Cooperation and Licensing in the Field of Foreign Trade, Ministry of Industry and Trade of the Russian Federation