Dubai World Central in new agreement with NTDEC

Victoria
By Victoria June 11, 2013 13:53

Dubai World Central in new agreement with NTDEC

A delegation from Dubai World Central (DWC) has signed an agreement with the North Texas District Export Council (NTDEC) to facilitate MRO investments by US companies in the world’s first purpose-built aerotropolis.
The roadshow included high-level meetings with leading players in component overhaul, line maintenance, avionics overhaul and repair and OEM. The DWC delegation also initiated discussions to establish MROs for different purposes ranging from business jet and medical outfit to “built to suit” solutions.
“We are working with an eye on the future, in line with the vision of the government and DWC’s mission. Dubai World Central is destined to be the future hub for business activities, especially with the increasing importance of aviation as a key component in the UAE’s economic growth plan. We therefore need to develop the world’s most attractive hub for key players in the MRO sector. We are confident that leading aerospace companies will find DWC the perfect location for their companies to take advantage of the growing demand for aviation services in the MEA and Asia regions,” said Rashed Bu Qara’a, chief operating officer, Dubai Aviation City Corporation.
Bu Qara’a added: “The UAE owns more than 45% of the GCC fleet. The MRO facilities in the region are therefore expected to reach capacity very soon and we need to be ready to meet the increasing demand.”
At the moment, the UAE has two major MROs with a capacity of 13 widebody hangars for aircraft maintenance, covering the full MRO supply chain including Heavy Airframe Maintenance, Engine Overhaul, Component – Maintenance and Line Maintenance.

Victoria
By Victoria June 11, 2013 13:53
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