Dubai, UAE, 13 May 2012: Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airport Freezone yesterday commenced ground-breaking ceremony for the Panasonic Avionics new Headquarter located at Dubai Airport Freezone. Once complete the AED 150 million new Panasonic building will mark the company's relocation from its present office in DAFZA.
The ground-breaking ceremony that set forth a framework for a collaborative alliance between the two organizations was held in the presence of Dr Mohammed Al Zarooni - Director General of Dubai Airport Freezone, Paul Margis, CEO Panasonic Avionics Corporation, Yasu Enokido, President & COO, Panasonic Avionics Corporation and other senior officials from the Freezone and Panasonic Avionics.
Speaking at the ground-breaking ceremony, Dr. Mohammad Al Zarooni said: "We are extremely privileged to support the expansion of Panasonic Avionics in Dubai; the Freezone has created a business ambience that is supportive and productive for international companies who are setting up their base in the region.
"The unique location of Dubai Airport Freezone, both as a city centre base and a stone's throw from Dubai International Airport, has established it as an excellent choice within this market. The Freezone provides seamless customer services, complete license and visa requirements as well as state of the art infrastructure and facilities for companies to meet their strategic goals."
Dubai Airport Freezone is the fastest growing free zone in the Middle East, and provides a world-class platform and infrastructure for companies to build their own customize office buildings, along with comprehensive turn-key solutions. from a full range of services from concept to implementation that tenants and companies can benefit from in the final stage of their construction project.
Commenting on this occasion, Sanjeev Naidu, Executive Director of Panasonic Avionics said: "The project represents a unique facility which will serve as an anchor for our clients in the Middle East and beyond specially in the area of repairs, media integration, manufacture of aviation harnesses and become the center of excellence for global customers in legacy In-flight entertainment and connectivity IFE solutions."
"Dubai Airport Freezone has become a globally recognized investment hub for many successful international companies due to its unique geographical advantage, and the standard of facilities and amenities that has made this an ideal choice for Panasonic Avionic's new office. We look forward to the completion of this project, and are excited to grow our business further through the many benefits we are being offered in the Freezone.
Panasonic Avionics is the world leader in in-flight entertainment and communications, with most systems installed, most airlines served, and the industries deepest knowledge base, developed with over 30 years of consistent product innovation and committed customer service. Panasonic Avionics Corporation is headquartered in Lake Forest, California, with offices all across the world.