Investors receive access to feeder funds and master funds domiciled in highly regulated jurisdictions
Speaking to Khaleej Times, Abdulkarim Abdullah, Chairman of the Corporation's Board of Council, said a car company had provided 400 taxis. The first batch of 25 taxis were tested and cleared for operations last week.
He said that the taxis will ply within and outside the emirate. Their number will be gradually increased for the convenience of the travelling public.
Al Abdullah said the Ajman government-owned corporation in coordination with the municipality had established special stop points for its taxis in residential areas, near shopping malls, schools, hospitals, museums and government departments concerned with community services. The corporation wants to ensure that the taxi fares are affordable by all people.
He said the aim of starting the taxi service was also partly to reduce the number of private vehicles on the roads. Efficient transport services would contribute a great deal towards the development of the emirate's infrastructure and enhance the investment opportunities.
Al Abdullah noted that the Ajman government is making efforts to enhance various services to cope with the rapid development of the emirate. The corporation is keen to take practical steps to improve transportation facilities in the emirate by providing services round the clock, all seven days of a week. It would prepare studies aimed at enhancing the transport services in the emirate and incorporate them into Fujairah's annual strategic plan.
Investors receive access to feeder funds and master funds domiciled in highly regulated jurisdictions
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