The Hindu Business Line : Dubai outsource zone from Internet City

DUBAI Internet City has announced the Dubai outsource zone (DOZ), the world's first `free zone' dedicated to the outsourcing industry. The announcement was made by Dr Omar Bin Sulaiman, CEO of Dubai Internet City at Europe's biggest conference on outsourcing, Outsource World, held in London.

Dubai outsource zone will provide a comprehensive infrastructure and environment for outsourcing companies to set up global or regional hubs servicing the worldwide market. DOZ's offering includes 100 per cent exemption from taxes, arguably the world's most reliable technology and communications infrastructure, a one-stop shop of support services and the best possible working environment, according to a statement from DIC made available to Business Line. Sheikh Maktoum bin Mohammedbin Rashid Al Maktoum, Chairman of the Dubai Technology and Media Free Zone, said that "The DOZ initiative will add considerable value to both the UAE's and the region's economies."DOZ targets companies providing outsourcing services.

Substantiating Dubai Outsource Zone's potential is a study conducted by a leading global consultancy in 2003. The study ranked it among the world's three best offshore locations, judged on the potential of available talent, environment and economy.

DOZ provides the perfect base for companies wishing to provide mid-to-high-end IT and business process outsourcing services.

Some of the key sectors targeted include finance, accounting, IT, payroll processing, healthcare, insurance, engineering, biotech, multimedia, R&D and design.

DOZ also serves as a centre for disaster recovery facilities for call centres located offshore elsewhere in the world.