DP World’s Jebel Ali Free Zone (Jafza) achieved a robust 40% growth in new customers over the first half of 2021, taking the total number of companies in the Zone to over 8,700. The biggest increases were seen in the Machinery and Equipment, Vehicle and Transport and Retail & General Trading sectors.
As a major contributor to Dubai’s economy, Jafza is a leading source of foreign direct investment inflows into the emirate, accounting for 23.9 % of total foreign investment. The free zone’s location alongside Jebel Ali port, its multimodal connectivity and proximity to the Al Maktoum International Airport, as well as the much-awaited Etihad Railway and key regional highways, has proved to be a major attraction for companies. Additionally, Jebel Ali Port and Jafza’s combined capabilities and their collaboration with Expo 2020 Dubai have contributed to the surge in business. The Jebel Ali hub ensured all Expo-related cargo was brought into Dubai and handled safely and promptly.
Abdulla Bin Damithan, CEO and Managing Director, DP World UAE & Jafza said: “Jafza plays an integral role in leading Dubai’s trade sector as a regional and global business and logistics hub of choice. We are proud of our achievements as they come at a time when the world economy is witnessing a slowdown.”