Masdar City The city of possibilities

Transcription

1 Masdar City The city of possibilities

2 US$ 3.5 trillion, cumulative value of the MENA and South Asia region US$90 billion US$90 billion Abu Dhabi plans to spend on development projects over the next five years Sidestreet of the Masdar Institute Campus Abu Dhabi The gateway to emerging opportunities Located between key markets of East and West, Abu Dhabi is a strategic hub for investment and growth. Benefiting from established worldwide transport links and a skilled workforce; Abu Dhabi is fast becoming a key location for companies seeking expansion into wider global markets. Over the next 5 years, Abu Dhabi plans to spend US$90 billion on development projects, covering housing, schools, roads and other infrastructure. Combined with further steps to create a business friendly environment, that is confirming Abu Dhabi s place as a truly global city. As a zero-tax jurisdiction Abu Dhabi offers investors an attractive and convenient place to do business with 100% foreign ownership within Free Trade Zones, such as Masdar City. Abu Dhabi sits at the centre of the MENA and South Asia, and is best placed to capitalise on future growth prospects from this burgeoning region, where currently cumulative market value stands at US$ 3.5 trillion. As an energy leader, Abu Dhabi has made a commitment to ensuring that by 2020, 7% of its installed energy capacity is met by renewable sources. 0% 0% tax jurisdiction offers investors an attractive and convenient place to do business 7% 7% of energy from renewable sources by 2020

3 Central Courtyard of the Masdar Institute Campus % Buildings produce a fifth of the world s CO 2 emissions Buildings account for roughly 40% of the world s energy use Cities account for about two-thirds of global energy demand 10MW photovoltaic power plant at Masdar City Masdar City Meeting the Global Sustainability Challenge The world s energy requirements are expected to double in the next 50 years; a fact which places energy use and conservation at the heart of the world sustainability challenge. Today, approximately 3.5 billion people (~50% of the world s population) live in cities, a number which is projected to rise to nearly 6 billion by the year These urban environments - which only account for 2% of the planet s land mass - are responsible for almost 80% of the world s energy consumption and 75% of its carbon emissions. Abu Dhabi Skyline The problems created by such dramatic urbanization place an increasing emphasis on making the world s cities more resource-efficient and environmentally friendly. In response to this challenge, Masdar is building Masdar city, as a green print for sustainable urban development and strategic business hub. Personal Rapid Transport at Masdar Institute

4 Saadiyat Island Al Maryah Island Al Reem Island Yas Island To Dubai Abu Dhabi Island TwoFour54 ADNEC Sheikh Zayed Bridge Maqta Bridge Mussafah Bridge Abu Dhabi Golf Club Al Raha Beach Khalifa City MASDAR CITY Every second, the world s cities grow by two people Cities account for about two-thirds of global energy demand 70% Courtyard of the Masdar Institute Masdar City: Your sustainable business address Located in Abu Dhabi, the capital of the United Arab Emirates, Masdar City is a sustainable urban development and economic free zone. The city provides a green print for cities of the future, with traditional Arabic architecture blending seamlessly with state of the art modern technology to maximise energy efficiency. Mussafah City To Al Ain 3 mins Personal Rapid Transport station at the Masdar Institute 70% of the world s population will live in cities by 2050, up from approximately 50% in 2009 Masdar City has the potential to host up to 40,000 residents and 50,000 commuters by This mixed-use development provides a unique, sustainable, living and working environment, with integrated residential and commercial zones that feature food and beverage outlets, along with extensive leisure and entertainment facilities. Already home to the Masdar Institute of Science & Technology (MI), Masdar City will soon welcome the International Renewable Energy Agency (IRENA). The arrival of leading multinationals in Masdar City, including GE, Siemens, Mitsubishi and SK Energy, has resulted in an emerging technology cluster where companies are pushing the boundaries of innovation. Strategic Location Due to the strategic location of Masdar City, travelling has never been as easy. Abu Dhabi International Airport 2 kms Yas Island 4 kms ADNEC 24 kms Downtown Abu Dhabi 30 kms Kizad 44 kms Jebel Ali Free zone 77 kms Downtown Dubai 112 kms To Abu Dhabi Airport 45 mins To Dubai

5 Abu Dhabi - Dubai Road (E10) LRT & Road to Al Raha Beach & Yas Island Presidential Flight Road Sustainable Construction Sustainable Living Main Western Entrance Khalifa City A Etihad Plaza Khalifa Street Khalifa Entrance Northern Access Entrance Main Eastern Entrance Eastern Access Entrance Airport Road (E20) Abu Dhabi International Airport Every element of Masdar City s 700-hectare site has been designed with sustainability in mind; cutting energy demand and water consumption by 40% while also reducing embodied carbon by 30% compared to business as usual. The city s streets have been built to be optimally oriented on a southeast-northwest axis, thereby providing shading at street level throughout the day. The materials used for the building façades are also designed for cooling purposes. Buildings within the Masdar Institute Campus are shielded with ETFE (ethylene tetrafluoroethylene) cushions that ensure almost no solar gain on the structures - as well as limiting the heat radiated on to the street. While windows not already shaded by adjacent buildings have louvres set to prevent direct sunlight from entering the building. An on-site 10MW solar-power plant, supported by a series of smaller rooftop installations, helps to provide the development with a clean, sustainable source of energy. Water demand reductions of 40% With integrated residential and commercial zones that feature food and beverage outlets, alongside extensive leisure and entertainment facilities, Masdar City offers a unique, environmentally friendly, living environment. The development s pedestrian-friendly design looks to encourage a healthier and more active lifestyle, with amenities easily accessible on foot or via public transport, while communal areas have been intelligently landscaped and designed to provide natural shading and cooler air temperatures. Sustainable Business Masdar City is more than a sustainable urban development; it is also an environment in which organisations, businesses and NGOs can do business. As an economic free zone - offering 100% foreign ownership, no restrictions on capital movements, profits or quotas, and a favourable tax environment the city provides a strategic base from which businesses can explore opportunities available within the United Arab Emirates and beyond. <40% 40% Southern Access Entrance LRT & Road to Capital District Residential Commercial Research & Development Parks, Recreation & Open Spaces Siemens building 40% less energy demand than conventional cities of comparable size Street level temperatures 10 Celsius cooler than Abu Dhabi city Hospitality, Education & Healthcare Masdar City Master Plan Community & Retail Light Industrial & Research

6 Current Tenants Several organizations have already made Masdar City their business address, including: The International Renewable Energy Agency (IRENA) The International Renewable Energy Agency (IRENA) is an intergovernmental organisation, which promotes the widespread adoption and sustainable use of all forms of renewable energy. Mitsubishi Heavy Industries Mitsubishi Heavy Industries is a leading global heavy machinery manufacturer, providing a diverse product and services portfolio. IRENA s global headquarters will be located in Masdar City, putting it at the crossroads of global innovation and policymaking in the fields of renewable energy and sustainable technology. Siemens Etihad Airways Laboratories at the Masdar Institute Sustainable research & development At the heart of Masdar City is the Masdar Institute of Science and Technology (MI), a not-for-profit, private graduate university and research institute. Established with the ongoing support and cooperation of the Massachusetts Institute of Technology, MI integrates theory and practice to incubate a culture of innovation and entrepreneurship, working to develop the critical thinkers and leaders of tomorrow. Siemens is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare, as well as providing infrastructure solutions. Siemen s regional headquarters are located in Masdar City, providing a base from which they can pioneer energy efficient technologies in partnership with Masdar. GE Etihad Airways is the national airline of the United Arab Emirates (UAE). Since they commenced flying in 2003 they have since gone on to become the fastest growing airline in the history of commercial aviation. The proximity to Etihad Airways HQ and Abu Dhabi International Airport allows Masdar City to offer functional and flexible space that can cater for Eithad s and its subsidiaries immediate needs. Schneider Electric Masdar Institute This multicultural academic institution, comprising over 40 nationalities, is helping to identify and develop solutions to the challenges of clean energy, sustainability and climate change through education and research. GE is an American multinational conglomerate with interests in multiple sectors and industries. GE is establishing an Ecomagination Center in Masdar City, a facility that will focus on the identification of innovative solutions that can help to solve today s environmental challenges, while driving economic growth. Schneider Electric SA is a multinational corporation that specialises in electricity distribution, automation management and produces installation components for energy management. Schneider Electric will be involved in the delivery of a living laboratory Innovation Center at Masdar City, which will incorporate both a Research and Development Facility and a Technical Centre of Excellence.

7 Free zone benefits Masdar City offers the perfect environment in which businesses can flourish; whether those businesses are directly related to the renewable energy sector, or simply looking to explore the growing business opportunities in the Middle East and Asia. One Stop Shop for business services 1 Getting Started: You Submit your completed application for a license, along with the company business plan and required legal documents. Masdar City Free Zone One of our advisors will be appointed to handle your account. They will review your application and documents with you to ensure you have completed them correctly and have all required documents. A high quality of life Flexible office space A safe, friendly working environment 2 3 Masdar City Free Zone Three working days after receiving your application, the Registration Team will issue you an Acceptance Letter or a request for additional information. You After receiving your Acceptance Letter, pay the required fees. Masdar City Free Zone Two working days after issuing your Acceptance Letter, we issue the bank introduction letter signed by Masdar City Free Zone to open a bank account. You + 0% import tariffs + 0% taxes on companies and individuals + No restrictions on capital movements, profits or quotas + 100% foreign ownership + Quick and easy setup + No currency restrictions + Hiring of expatriate staff + Gateway to the vibrant market opportunities of the Middle East and Asia + Outstanding logistics network incorporating air, sea, road and eventually rail As a special economic zone, Masdar City operates on a free zone basis with benefits that include 100% foreign ownership, no restrictions on capital movements, profits or quotas, and a favourable tax regime. Businesses operating within Masdar City also enjoy exclusive access to a one-stop platform for setting up locally, including company registration, office leasing and fast-track visa processing. 100% foreign ownership Open your corporate account at your chosen financial institution and receive a Capital Confirmation / Proof of Capital letter, submit the same to Masdar City Free Zone and sign the Articles and Memorandum of Association at our office or with a public Notary. + A safe, friendly working environment + A high quality of life + The opportunity to maximise corporate social responsibility objectives + Strong IP protection framework A gateway to the Middle East and Asia Masdar City Free Zone Upon receipt of your Capital Confirmation / Proof of Capital letter, we issue your organisation s legal documents and license.

8 An exceptional commercial address Masdar & IRENA Global HQ Highly efficient and flexible office space Siemens Building A hub for innovation and entrepreneurs Incubator Building Masdar City Leasing

9 PO Box 54115, Abu Dhabi, UAE T 800 MASDAR E masdarcity@masdar.ae