Diia.City United has expressed its support for the Defence City initiative, a proposed framework aimed at establishing a strategic economic zone focused on technological development and innovation. However, the association has called for the finalization of the legislative package before the second reading, emphasizing the need for thorough preparation and alignment with existing support mechanisms.
The association argued that the current draft of the bills does not provide the necessary foundation for sustainable industry growth. They highlighted the absence of provisions that take into account the already effective tools available to support technological businesses. This is seen as a critical gap that could hinder the initiative’s success and limit its potential impact on the region’s economy.
Diia.City United’s call for finalizing the provisions reflects a broader concern among business leaders about the adequacy of the current proposal. They believe that a more comprehensive approach is essential to ensure the Defence City initiative can deliver on its promises of fostering innovation and technological advancement. This development underscores the importance of stakeholder input in shaping effective economic policies.