The Challenge
A newly decreed FZ’s leadership was tasked to fulfill the government mandate in investment attraction and sector development.
Actions
- The group created the strategy and vision.
- In parallel, created the freezone regulations, products, services and process.
- Mobilized resources to go live.
- Implemented relevant systems.
Result
Companies Attraction:
- The group attracted over 8,000 companies in first 2 years
Cashflow:
- The group generated positive cash flow from day 1 of operation to the authority.
