Dubai PR Network, Online Press Release from Dubai and Middle East
 
Trade & Commercial(Others)
Filter PR by
  
122 New Companies From 33 Countries Set Up in Jafza During Q1 2017
 

Dubai, United Arab Emirates, 31 May 2017: Jebel Ali Free Zone (Jafza), a company of global trade enabler DP World and a major destination for foreign direct investment in the Middle East, Africa and CIS states, registered 122 new companies from 33 countries during the first three months of 2017.

More than half (55 percent) of new companies were from the Middle East region, followed by 22 percent from Asia-Pacific , 16 percent from Europe, 4 percent from Africa and 3 percent from North America.

Sultan Ahmed bin Sulayem, Group Chairman and CEO DP World, said: “The number of companies reflects investor confidence in Jafza services and facilities in a wide range of industry sectors.

“Jafza’s innovative approach is in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai, to adopt international best practice in the business sector to attract foreign investments to the UAE and Dubai.“Our strategy is also guided by the UAE 2021 Plan and Dubai 2021 Plan in the country’s preparation for the post-oil economy.

Mr. Bin Sulayem noted that as a result of the business expansion by existing companies and the inclusion of new ones, Jafza has leased more than 158,000 square meters of space with plots of land totaling 148,000 square meters and warehouses 5,700 square meters.

Mr. Bin Sulayem said that the occupancy of warehouses and light industrial units had reached 82 percent after new units were added last year, while the occupancy of staff accommodation had exceeded 95 percent.

The occupancy for office space in the Free Zone was now 66 percent following the addition of new office space in Jafza’s new office building, Jafza One. Showroom occupancy stands at 78 percent, with small offices and workstations for SMEs at 98 percent.

Business sectors

Of the 122 companies registered, 20 percent were in the general trading and retail sector, followed by 11 percent in steel and building materials, with 10 percent each in the automotive & transport, equipment, machinery and services sectors.

Meanwhile, Jafza is working on an integrated project to re-engineer its operations and services In Q1 2017, it completed the automation of more of its services with customers no longer required to physically visit the service centre for additional services. These can now be completed through the Group’s Dubai Trade portal or by calling the Jafza Call Centre.

The Free Zone has also implemented a digital signature system in coordination with its strategic government partners, embassies and consulates in the country so that the documents can be directly emailed to customers’ registered email address.. Verification can also be done through a dedicated website.

Infrastructure

In cooperation with the Roads and Transport Authority (RTA), Jafza is building another six-lane two-way bridge to link Jafza North and Jafza South, to ease traffic on the Dubai Logistics Corridor, especially container traffic headed from Jebel Ali Port to Al Maktoum International Airport. The project is expected to be completed by the end of the year.

During the first quarter, Jafza also began the construction of a 150,000 square meter residential complex for workers, with 13 buildings and 3,536 rooms.


Posted by : Dubai PR Network Editorial Team
Viewed 22729 times
PR Category : Others
Posted on : Wednesday, May 31, 2017  12:20:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Empower Starts Delivering District Cooling Solutions to JVC ...
Next Story : Deloitte: Family-Owned Businesses Expect Disruptions Over Ne...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
MAC - Hyper Real Glow [23485-Views]
Introducing Vitabrid C12, a brand-new, proprietary form of active Vitamin C being used for... [22356-Views]
M∙A∙C Mineralize Total Detox [22234-Views]
5 things to know about collagen [13932-Views]
Fresh Hair in an Instant with SHOW Beauty [13206-Views]
PUMA and Sahntell Martin Unveil Debut Collection [11804-Views]
Amadeo® Fleurier 39 “Fan” [11120-Views]
Show/Pop-up Event “Pret-A-Cover™ Buyers Lane” to Be Launched in Dubai From March 28th to A... [9974-Views]
Mother's Day Gift Guide 2018 from The Little Birdy Group [9675-Views]
Moreish Café in Dubai introduces a healthy Quinoa Burrito [9370-Views]
True Colours [9126-Views]
Robinsons Honored for Outstanding Store Design [9065-Views]
UAE Team Emirates' Mirza Takes Gold at Asian Cycling Championships [8375-Views]
Phenomenal development in falconry racing from small beginnings: HHC Deputy CEO [8339-Views]
WGS 2018: Opening Session Highlights Importance of Embracing Smart Living to Enhance Quali... [8235-Views]
Splash receives 2 awards [8217-Views]
Arab Duo Showcase Team's Potential in Final Stage of Dubai Tour [7241-Views]
RAK Hospital launches the biggest weight-loss challenge in association with MoHAP, RAK [7113-Views]
2XL launches Malmo Bed with floral designs for a vintage shabby chic inspired master bedro... [6808-Views]
Food Lovers Rejoice: Dubai Food Festival Is Back This Month [6442-Views]
Bridal Glow is Skin Deep: Tips for every bride-to-be in 2018 [6436-Views]
Mealtop, Introducing a Whole New Dessert Experience [5886-Views]
Al Ahli Holding Group to redefine the UAE value shopping category through an AED 1.25 bill... [5716-Views]
Optim-Eyes Lashes & Brows with Filorga [5704-Views]
British Orchard Kids Kingdom Nursery wins Sharjah Economic Excellence Network Award [5453-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories