Middle East and India: The specifics of logistics
Creating a legal and regulatory system from scratch is one of the greatest challenges a lawyer can face - and one that is essential in the process of creating a legal free zone that operates effectively.
March 28, 2007 at 10:27 PM
4 minute read
Creating a legal and regulatory system from scratch is one of the greatest challenges a lawyer can face – and one that is essential in the process of creating a legal free zone that operates effectively.
The Dubai Logistics City (DLC) is a free zone which caters specifically to multi-modal cargo and logistics providers. It is designed as the world's first fully-integrated logistics platform by air, sea and road and will enable free movement of cargo within the sea to the air terminals within hours. In addition, the DLC will provide facilities and services to the logistics industry – from transit to packaging and labelling of goods – all of which will result in its investors being offered and provided with every possible service to enable delivery in the most cost and time-effective manner.
DLC was created by Dubai Decree No 9 of 2006, issued by the ruler of Dubai, Sheikh Rashid Al Maktoum. This decree provided the establishment of the DLC with financial and administrative independence and full legal capacity to enter into all contracts and transactions.
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