Jitendra business consultancy provides all information about Dubai Textiles village free zone. Dubai Knowledge Village Free Zone is a new free zone located at Awir under development on 460,000 sq. m of land in the Ra's al-Khor area, which has been allocated by the government of Dubai. Dubai Free Zone Textile City, which will be a dubai free zone, thus this will boost the trading and make the textile industry a boom business. The textile city can accommodate 295 showrooms and stores, offered in three sizes, of 920,460 and 230 sq. m. The UAE textile city with export of Dh. 12 billion is emerging rapidly and is become the largest trading zone behind the oil industry in the Emirates.
According to guess, the textile field in Dubai will maintains the record strong growth in next couple of years, to average between Dh15, Dh 17 billion per year. The existing size of the industry is valued at Dh12 billion. The Textile Village will highly developed communication networks and utility systems. The Textile Knowledge Village Free Zone will run under the laws governing the free zones with 100% foreign ownership, 100% tax free operations and many more. Dubai's overall textile industry exports are in 1999 was cost of Dh902 million, whereas imports were valued Dh9.3 billion.
The textile industry has viewed marvelous growth from the last few years in the Gulf. Many traders prefer to do business with Dubai for various reasons, including availability of premeditated stocks, viable prices and quality products.