HVAC

HVAC system products range from heating, ventilation to air conditioning products.

• HVAC system products are air-conditioning machines comprising:
  - a motor driven fan
  - elements for changing the temperature and humidity
• HVAC systems cover mainly three segments: residential, commercial and Industrial HVAC systems

• Strategic location that can act as a dispatch hub for MENA
• UAE ranked 16th globally in Ease of Doing Business (WB)
• UAE ranked #10 globally for world class infrastructure in (LPI)
• High quality of life attractive for skilled talent
• 100% foreign business ownership and low VAT (5%)
• Competitive costs of licensing costs and work visas (under process)
• Strong logistics infrastructure - UAE has busiest ports in MENA region strategically located and enable seamless flow of trade across a region of more than 3.5bn.

• Up to 80% project financing by Emirates Development Bank
• 2-year grace periods and low interest-rate loans for CAPEX, working capital, and supply chain financing.
• Export credit and insurance via Etihad Credit Insurance and AD Exports
• Access to Free Trade Agreements with high-growth markets such as GCC, Arab countries, Egypt, India, Jordan, Israel, Indonesia, and others
• Customs exemptions for raw materials
• 53% of UAE’s exports are to countries with no import duties (GCC countries and other GAFTA countries with FTAs)