Dubai PR Network, Online Press Release from Dubai and Middle East
Food, Beverages & Restaurant(Food Industry)
Filter PR by
Jebel Ali Free Zone Food and Beverage Sector Records 12% Growth in 2017

F&B companies rise from 507 to 570 year-on-year, highlighting Jafza's reputation as the hub of choice for the industry

Dubai, 17 February 2018:  The food and beverages sector operating out of Jebel Ali Free Zone (Jafza), a subsidiary of global trade enabler DP World, grew by 12 percent in 2017. 

The number of companies in the sector rose to 570 from 507 in 2016, employing 8,600 people and underlining Jafza’s reputation as an attractive destination for companies seeking to launch and expand their business across the region.

Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Jafza is building on its track record as the region’s hub for this key sector of the economy, in line with UAE Vision 2021 launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The growth reflects our continued focus on developing this industry and attracting more F&B manufacturing businesses to establish themselves here. 

“We’re committed to building on our in providing a world class business environment for F&B companies and this event provides a major platform to showcase our business-friendly services and our capacity to support Dubai and the UAE’s economic diversification strategy.” 

 “The vision of our leadership to establish Dubai as the global Islamic economic capital provides a major boost to our economy by attracting foreign investment, especially those that are Halal food related. The Dubai Industrial Strategy also complements the competiveness of the food industry where local companies can partner global counterparts to increase exports. We are also focused on research and development in the industry to develop new products and commodities that will suit different tastes and attract consumers.”

Jafza is home to F&B businesses from 75 countries that are reaching out to a market of more than 2.5 billion consumers in the Middle East, Africa, South and East Asia and the CIS states. They include international brands such as AGC, Unilever, Mars, Food Specialities Limited (FSL), Gulf Food Industries, Hunter Foods, among others. Of the F&B companies based in Jafza, 37% are from the Middle East region; 24 percent from Asia-Pacific; 19 percent from Europe; 10 percent from the Americas and 10 percent from Africa. 

The importance of Jafza as a preferred location is reinforced by high occupancy rates in facilities, ranging from plots of land and warehouses to showrooms and offices dedicated to the F&B industry, spread over 1.85 million square metres.

As a premier business location Jafza is featuring its F&B track credentials at the annual Gulfood 2018 event from February 18 to 22 in Dubai.

A recent Business Monitor International (BMI) research report expects food sales in the Middle East and North Africa to increase by 6.3 percent on an annual basis between 2015 and 2020. The food and beverage industry will see a 7.1 percent growth annually until 2020, owing to several factors such as the strong investment in the retail sector in the next few years and the rise in tourists and the expatriate population.

Posted by : Dubai PR Network Editorial Team
Viewed 4471 times
PR Category : Food Industry
Posted on : Saturday, February 17, 2018  5:21:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Indian FMCG Conglomerate Hamdard Laboratories brings “The Dr...
Next Story : Global Expansion in sight for ICONS© Coffee Couture
Email this article Print this article

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

Related Stories

Most Viewed Press Release posted in the last 7 days
Bhima Jewellers Wows Women on International Women's Day [15305-Views]
Foreo Declares 2018 the Year of Confidence [14176-Views]
Built for the Way We Communicate Today: Samsung Galaxy S9 and S9+ Launches in the UAE [10968-Views]
The Ultimate Mother's Day Beauty and Wellness Gifts [8955-Views]
Filorga Launches Lift Range [8821-Views]
The Sheet Mask Trend [7881-Views]
Rise and Shine with Sophie's [7222-Views]
Top Perfume Picks for Mother's Day @ [7204-Views]
SMCCU opens its doors for SIKKA Art Fair [6954-Views]
Mother's Day Offer from Blush N Curls Salon [6680-Views]
It's Mother's Day! [6673-Views]
Max launches its Inaugural Abaya Collection [6539-Views]
Al-Futtaim Honda launches 10th generation Honda Accord [6405-Views]
Nissan's e-POWER technology wins environmental award [6405-Views]
“The Night of Italian Design” at D3 Attracts Design Enthusiasts [6320-Views]
LULU Organic Food Activation [6252-Views]
The Global Sensation UFO Lands in Europe at Cosmoprof 2018 [6094-Views]
Iconic milkshake brand Keventers to open 30 outlets across the UAE in 2018 [5972-Views]
An Open Secret - The new Flying Regulator Open Gear provides deep insights [5612-Views]
Drink yourself to looking younger with Skinade [5527-Views]
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Slam® in Lon... [5185-Views]
Reading Champions Declared at 10th Emirates Airline Festival of Literature [5142-Views]
Preps for the Fazza Championships for Shooting Saktoun Riffle begin on March 11 [5057-Views]
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha [5057-Views]
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal [5051-Views]
RSS Facebook Twitter LinkedDin
Top Sections
Top Stories